Sunday, February 17, 2019

Air fares soar as IndiGo cancels flights

Chennai: Air fares to most domestic destinations from Chennai remain high as Indi-Go is cancelling flights daily. Though the number of flights cancelled is fewer in Chennai, some of the cancelled schedules include red eye flights and peak hour services to small towns. The airline is expected to cancel flights daily at least till the end of next month.

Travel and tour operators say that air fares have increased by as much as 30% on most of the routes, especially on morning peak hour flights to small towns. The airline had cancelled its flights from Chennai to Thiruvananthapuram and Coimbatore last week.

Seats for Chennai-Mumbai flights for the upcoming week is selling at Rs 7,900 on Tuesday while the tickets are priced between Rs 4,200 to Rs 5,900. The last-minute fare on Chennai–Thiruvananthapuram route was between Rs 5,300 and Rs Rs6,500.

The fares have increased because the airline has the most number of slots during peak hours and also connecting small towns as part of its push to have more flights on regional routes.

Aloke Bajpai, CEO and co-founder, Ixigo, said, “Several factors like the runway repairs at Mumbai airport and cancellation of flights by Indigo airlines have had a ripple impact on the last-minute airfares. Flight fares for major domestic sectors have seen an average increase of 20-25%. Our ‘fare intelligence’ feature shows that prices for routes like Kolkata–Bangalore, Kolkata–Chennai and Hyderabad–Kolkata are likely to increase further by 12–15% over the next 15 days. On the other hand, fares for routes like Kolkata–Delhi and Ahmedabad–Bangalore are likely to fall by the same rate if booked after 10 days.”
17/02/19 Times of India

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