Wednesday, September 07, 2011

Airfares to go up on domestics routes in October by up to 8%

Get set to pay more, as Indian airlines are gearing up to increase airfares in October. The hike will implemented on domestic route according to airlines & travel industry sources.
'The festive season kicks of in October, many people travel during the next three months. The demand is looking good, so load factors are likely to go up in October' said a senior airline executive.
Airlines are contemplating an increase of 8% to 10% on metro routes, while 'exclusive' routes where not too many airlines fly may see a steeper hike of 12%-15%.
06/09/11 Sameer Hashmi/Economic Times
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