Mumbai: After hiking fares by up to 30% in September, airlines may go for another round of increase next month during the festival season.
According to travel agents and officials of online travel portals, the move may be prompted to capture higher demand during the peak season and offset increase in operational costs.
“There are indications of fare hike in October, though the quantum is now known,” said a travel agent.
Airlines generally take a hike in fares during the peak festive season (October -December).
However, they were forced to raise prices in the start of September, in the range of 15-30%, owing to higher imports and continuous depreciation of rupee.
23/09/13 Yuga Chandran/Daily News & Analysis
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According to travel agents and officials of online travel portals, the move may be prompted to capture higher demand during the peak season and offset increase in operational costs.
“There are indications of fare hike in October, though the quantum is now known,” said a travel agent.
Airlines generally take a hike in fares during the peak festive season (October -December).
However, they were forced to raise prices in the start of September, in the range of 15-30%, owing to higher imports and continuous depreciation of rupee.
23/09/13 Yuga Chandran/Daily News & Analysis
