Wednesday, October 02, 2013

Holiday airfares skyrocket

Chennai: If you plan on celebrating Dusshera at Kolkata later this month and haven’t booked your ticket as yet, you may end up spending around Rs. 10,000 on just the one-way trip.
For the next two months, flying short-haul flights may burn passengers’ pockets. Fares for flights during the period, which is punctuated by many holidays, have been hiked by nearly 30 percent, say industry sources. This may be attributed to challenging economic conditions and increasing jet fuel prices, say sources.
“The fall in rupee and the constantly increasing jet fuel price, along with the heavy VAT slapped on it, are the major reasons why we are faced with a nearly 30 percent increase in fares right now. We hope they will come down early next year,” said an official of SpiceJet.
Delhi and Mumbai seem to be the most highly priced and sought-after destinations for the next two months, said S. Baskar of Travel Agents Federation of India (TAFI).
02/10/13 Sunitha Sekar/The Hindu
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