Airfares to Delhi zoom up to 200% ahead of F1

Mumbai: If you want to witness the action at the 2011 Formula 1 Airtel Grand Prix in October, be prepared to shell out more moolah. Airfares to Delhi across all sectors have shot through the roof for travel in the last week of October (October 28-31), which is still one-and-a-half months away.
A return trip from Mumbai to Delhi has shown the highest spurt, with fares up by 100-200% to Rs 15,000-22,000 from the average Rs 7,000. These fares are mostly for low-cost carriers, and for travel on October 28 morning (in time to reach the F1 venue) and on October 30 late night, right after the event is over.
For the same period, the average hike for other sectors (Bangalore, Pune, Hyderabad, Chennai) to Delhi ranges from 20-25%, while flight and hotel packages are up by 50%.
Bookings through travel agents and online websites have gone up by around 30% as of now. "The market is still warming up. We have seen a spurt of 15-20% in bookings till now. We expect a further spike over the next week or so," says Manmeet Ahluwalia marketing head, Expedia India, an online travel website.
10/09/11 Times of India

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Categories: airports Sep 2011