Monday, October 15, 2012

Discounts disappear as airfares soar

Mumbai: With the airfares going high around Diwali, discounts are now vanishing soon. To make the most of the heavy demand for domestic travel in November, airline have withdrawn the discount offers, earlier used to lure passengers.
In a recent development, Jet airways and Air India withdrew the incentives offered to fliers while booking. "All the fares on the inventory are the same, heavy discounts for early bookers are all gone," said Rajesh Rateria, managing director, Cirrus travels. "The demand has increased and all airlines will now capitalise on it to make some profits," he added. Travel experts said that the exit of Kingfisher inventory from the market has made travel dearer this season.
"Due to less number of seats factors, the prices have gone up. As Diwali gets closer, fares will rise further up by at least 20 percent," a Fort-based agent said. "A return trip to Delhi is likely to go up to Rs 20,000 to 30,000," he added.
14/10/12 Chinmayi Shalya/Times of India
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