Friday, November 16, 2018

IGI runway work cuts 100 flights, fares up 100% on some routes

New Delhi: Spot airfares in and out of Delhi have shot up for the next 10 days as the closure of one runway for regular maintenance at infra-starved IGI Airport has led to cancellation of about 100 flights daily. On Thursday evening, travel portals showed prices for one-way ticket on Delhi-Mumbai direct flights on Friday starting at Rs 21,200 in economy and going up to Rs 35,000 in premium classes of full service airlines. Similarly, fares from Delhi to Bangalore and Kolkata for Friday were in the range of Rs 17,750-30,000 and Rs 10,500-31,215, respectively.

Anil Kalsi of Delhi-based Ambe Travels said: "Spot fares on some sectors have gone up by up to 100% as it is the weekend and inventory of lower advance purchase-priced tickets has been sold out. What is available for spot sale are the higher category fares. With close to 100 flights less (50 departures and as many arrivals) a day during runway closure period, the demand-supply mismatch has added to the issue of higher fares."
One of the three runways at IGIA is closed for eight days from Friday. IGIA handles about 1,300 flights a day. This number will fall to about 1,200 during the runway repair period. While air traffic has exploded in last four years, Delhi Airport has not seen any capacity expansion since 2009-2010 when it had got its third runway, terminal 1A and T3. The maximum spike in airfares on reduced number of flights is for over this weekend.
16/11/18 Times of India