Mumbai: Over a month after Jet Airways ceased international operations, airfares on flights to European destinations like Amsterdam, Frankfurt, Zurich and Paris remain sky-high. For travel this weekend, the last-minute cheapest, one-way fare on non-stop Mumbai-Frankfurt or Mumbai-Paris flights started at Rs 1.2 lakh.
The good news is fares have cooled on the high-demand, Mumbai-London route. For travel next week, the cheapest one-way, ono-stop fare was Rs 70,000 and it comes down to Rs 51,000 in June. In April, direct one-way tickets were going over for over a lakh.
Usually, in summer, a peak travel time to European destinations, return fares to London are in the range of Rs 55,000-65,000. For Mumbai-Paris, it is usually around Rs 55,000.
On Friday, there were hardly any tickets available on non-stop flights to Amsterdam, Zurich for travel in the coming week. For a week later, the cheapest fare was Rs 76,000 on non-stop flights from Mumbai to Frankfurt or Zurich, while it was Rs 1 lakh on flights to Amsterdam or Paris.
"The hike is in the region of 20 to 30%," said John Nair of Cox and Kings, attributing the surge to Jet Airways closure, the cricket World Cup in England and the failure to no new capacity in the international sectors in the short term.
18/05/19 Times of India
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The good news is fares have cooled on the high-demand, Mumbai-London route. For travel next week, the cheapest one-way, ono-stop fare was Rs 70,000 and it comes down to Rs 51,000 in June. In April, direct one-way tickets were going over for over a lakh.
Usually, in summer, a peak travel time to European destinations, return fares to London are in the range of Rs 55,000-65,000. For Mumbai-Paris, it is usually around Rs 55,000.
On Friday, there were hardly any tickets available on non-stop flights to Amsterdam, Zurich for travel in the coming week. For a week later, the cheapest fare was Rs 76,000 on non-stop flights from Mumbai to Frankfurt or Zurich, while it was Rs 1 lakh on flights to Amsterdam or Paris.
"The hike is in the region of 20 to 30%," said John Nair of Cox and Kings, attributing the surge to Jet Airways closure, the cricket World Cup in England and the failure to no new capacity in the international sectors in the short term.
18/05/19 Times of India
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