New Delhi: A significant lowering of airfares has not led to any growth in domestic air traffic in the first six months of this year compared to the same period last year, though the travel trade hopes of an improvement from the busy winter season starting October.
Air fares are almost 20 per cent lower this year than in 2012 and the trend is likely to continue this month too, but passenger traffic has remained at the same levels as January-June last year.
“There is no growth in the market, though the yields have gone up by six-seven per cent only due to lowering of capacity by the airlines by almost three per cent,” Sharat Dhall, president of travel portal Yatra.com, told PTI here.
He said the fares, particularly for seven-day advance purchase, were “significantly low even during off-season. They have been drastically lower than last year and are expected to remain at this level in September too.”
11/08/13 Business Line
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Air fares are almost 20 per cent lower this year than in 2012 and the trend is likely to continue this month too, but passenger traffic has remained at the same levels as January-June last year.
“There is no growth in the market, though the yields have gone up by six-seven per cent only due to lowering of capacity by the airlines by almost three per cent,” Sharat Dhall, president of travel portal Yatra.com, told PTI here.
He said the fares, particularly for seven-day advance purchase, were “significantly low even during off-season. They have been drastically lower than last year and are expected to remain at this level in September too.”
11/08/13 Business Line
