Wednesday, December 26, 2018

Airfares spike on most international routes during holiday season

New Delhi: Last-minute international airfares on most sectors have witnessed a sharp jump this Christmas-New Year due to a combination of factors like the recent spurt in airlines’ operating costs and choked Indian mega airports’ inability to provide slots as per rising demands.

Travel portal Yatra analysed international fares from Delhi and Mumbai for December-end which shows spot Mumbai-San Francisco airfares rising by 45% and Delhi-New York up by 26%. The data shared with TOI shows a few sectors have also seen fall in fares too due to airlines adding some flights to those places.

Airfares have seen a rise to the four hot destinations for Indians during vacations — US, Europe, Southeast Asia and Australia. “As we head into the last couple of weeks of the year, fares are higher on most of the key routes in and out of the country. Indian travel market is growing in double digits and international travel is on the rise.… Overall, demand from Indian travellers on these key routes is increasing, while the airline capacity has not kept in pace with that, resulting in fares going up during the peak travel period,” said Yatra COO Sharat Dhall.


Anil Kalsi, a leading Delhi-based travel agent, said international travel from India is constantly growing at 10-12% for past few years. “Those who plan their trips and buy tickets in advance, can get reasonable fares and these get sold out. At last minute only highest fare tickets are available in this peak travel season, with the spot fares being higher than same time 2017-end,” Kalsi said.

26/12/18 Sauabh Sinha/Times of India
To Read the News in full at Source, Click the Headline

0 comments:

Post a Comment