Friday, March 15, 2019

Surging air fares set to dampen holiday plans

Even as the Directorate General of Civil Aviation directed the airlines on Wednesday not to raise fares in the wake of the grounding of 12 SpiceJet Boeing 737 Max 8 planes and operational issues faced by other airlines, spot fares on Thursday remained at a very high level.

Data provided by travel portal Yatra showed that spot ticket prices on Mumbai-Chennai routes have increased to `20,329 for March 14. The spot fare for the same route on March 14 last year was `5,671. Similarly, spot fares at other busy routes such as Delhi-Mumbai (`14,420), Delhi-Chennai (`12,560), Delhi-Kolkata (`20,999) across various other travel portals too remained high on Thursday.

Weekend fares and fares around Holi appear to be at 15-25 per cent more expensive than normal now.
“Before the disruption, passengers had booked tickets around Holi at `3,000-4,000 level across major routes. Now with many getting total refunds instead of another flight in case of cancellation, they will have to pay more than double, and in some cases, four to five times more, to book a new flight for the same route,” said spokesperson of a leading travel portal, requesting anonymity.
15/03/18 Arshad Khan/New Indian Express