Mumbai: With domestic airlines locked in a price war, airfares have dropped by 50 per cent in some sectors and this bonanza could continue till early October, say experts.
Airfares would shoot up just before Durga Puja, which starts from October 9, they said.
With load factor depleting due to various reasons in this lean season, airlines are scrambling to fill empty seats by slashing fares either through sale offers or dropping fares to poach passengers from competitors and to create demand by attracting rail passengers to fly.
Though APEX (advance purchase excursion fare) fares are still available at cheap rates, airlines are now more concerned to fill seats in the coming days as the number of empty seats has increased.
A low-cost airline currently facing severe cash crunch is slashing fares, a la Kingfisher before it went burst, without announcing any sale and this has prompted other airlines to lower fares, airline officials said.
06/08/13 Lalatendu Mishra/The Hindu
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Airfares would shoot up just before Durga Puja, which starts from October 9, they said.
With load factor depleting due to various reasons in this lean season, airlines are scrambling to fill empty seats by slashing fares either through sale offers or dropping fares to poach passengers from competitors and to create demand by attracting rail passengers to fly.
Though APEX (advance purchase excursion fare) fares are still available at cheap rates, airlines are now more concerned to fill seats in the coming days as the number of empty seats has increased.
A low-cost airline currently facing severe cash crunch is slashing fares, a la Kingfisher before it went burst, without announcing any sale and this has prompted other airlines to lower fares, airline officials said.
06/08/13 Lalatendu Mishra/The Hindu
