Sunday, February 17, 2019

Cancellations, grounding of aircraft leads to spike in Indian airfares

Airfares for travel within India are currently witnessing a sudden spike, more than doubling in price to many cities, following a spate of flight cancellations and grounding of aircraft by Indian carriers IndiGo and Jet Airways.

Travel industry sources said one-way airfares on the Delhi-Bangalore sector or Mumbai-Chennai sector have shot up to $250-$350 range for travel on the same day or the next 2-3 days. Return tickets on these routes were available for $100-$125 till few days ago.

“The ticket for Delhi-Bangalore for travel within 2-3 days will come for about $340 and for Mumbai-Chennai for about $280 if a passenger books it today,” said Deepak Sajwani, a manager with Delhi-based GS Travels.


He said these tickets were available for about $80 to $130 till some days ago, he said.

Senior executives at Air India and SpiceJet said their airlines have not increased fares on account of large scale flight cancellations by IndiGo and Jet.

“Our fares buckets are fixed much in advance,” the Air India spokesman said.
17/02/19 James Mathew/Arabian Business
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