Sunday, September 29, 2013

Foreign tourist influx, festive season may see airfares soar this winter

Mumbai: Airfares will be sky-high during the festive season, especially on flights to and from Mumbai, as airlines have not planned to add many flights for the forthcoming winter schedule.
What is worse, the domestic flights' demand will be high as the weak rupee has turned India into an attractive destination this winter. Currently, the Mumbai airport handles 700 aircraft movements a day, ie that is almost 350 landings and an equal number of take-offs in 24 hours.
"During the winter schedule, from October end to March, the flight movements will go up to 750, which means 25 more flights out of Mumbai in a day," said an airport official. That roughly adds up to about 3,400 extra seats on departure flights per day, which is not a huge number for Mumbai during the Dussehraasshera, Diwali and Christmas X'mas weeks. Last winter, Kingfisher AirlinesBSE 4.99 % suspended its flight operations. The consequent drop in capacity has kept airfares high, except during the lean travel months of June and July.
29/09/13 Economic Times
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