New Delhi: Pay less for flights on Diwali eve. That seems to be the mantra as carriers are substantially lowering the average spot airfare of tickets on Diwali eve, usually the highest in a calendar year, that are booked a week before departure. Thanks to increased capacity by airlines on some of the routes and a slowdown in certain sectors of the economy, a lower priceline around the festival of lights seems the new normal.
However, flight tickets from Mumbai, the most congested airport in the country, continues to buck the trend owing to capacity constraints which limit the number of flights that can be operated from the airport.
According to data from travel portal Yatra, airfares in the Delhi-Mumbai route shrank by 38% to `3,412 compared to the day before Diwali last year. Ditto on the Hyderabad-Delhi route, which fell by 32% to Rs 4,481, while on the Delhi-Kolkata route, the decrease was comparatively lower, 6% to `5,759. Spot fares on another popular route, Delhi-Bengaluru, have managed to remain flat at Rs 5,611.
Capacity constraints in Mumbai have led to a substantial rise in ticket prices to most of the metro cities since airlines can now operate a limited number of flights. Average ticket prices on the day before Diwali increased by a whopping 76% to Rs 15,802 compared to the same day last year. On the Mumbai-Bengaluru route, too, spot airfares have increased by 104% to Rs 8,045 compared with just Rs 3,946.
14/10/17 Malyaben Ghpsh/Financial Express
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However, flight tickets from Mumbai, the most congested airport in the country, continues to buck the trend owing to capacity constraints which limit the number of flights that can be operated from the airport.
According to data from travel portal Yatra, airfares in the Delhi-Mumbai route shrank by 38% to `3,412 compared to the day before Diwali last year. Ditto on the Hyderabad-Delhi route, which fell by 32% to Rs 4,481, while on the Delhi-Kolkata route, the decrease was comparatively lower, 6% to `5,759. Spot fares on another popular route, Delhi-Bengaluru, have managed to remain flat at Rs 5,611.
Capacity constraints in Mumbai have led to a substantial rise in ticket prices to most of the metro cities since airlines can now operate a limited number of flights. Average ticket prices on the day before Diwali increased by a whopping 76% to Rs 15,802 compared to the same day last year. On the Mumbai-Bengaluru route, too, spot airfares have increased by 104% to Rs 8,045 compared with just Rs 3,946.
14/10/17 Malyaben Ghpsh/Financial Express
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