Wednesday, November 21, 2012

Flying cheap is history now: No-frills carriers use wide fare bands to inflate ticket prices

New Delhi: The next time your grandparents boast having bought a litre of petrol for less than a rupee or a tola of gold for Rs 4000, join the conversation with a similar sigh. Tell them you flew Delhi-Mumbai for Rs 200-3,000 or Delhi-Hyderabad for Rs 324-3,500. This was in the heady launch phase of low-cost carriers in India between 2004 and 2006. Like your grandparents, you too would be longing for the good old days of flying. For, no frills, lowfare flying is now history.
Since early 2012 Indian carriers have steadily raised fares by 30%-50 %, the price graph resembling the Manhattan skyline in the April-June and October-December peak travel months. Passengers complain of what they term "exploitation", especially in peak rush periods like Diwali or the Christmas-New Year weekend. Aman Verma, a Delhi-based exporter had to shell out a princely Rs 1 lakh for an emergency trip to Thiruvanthapuram.
21/11/12 Saurabh Sinha/Times of India
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