Sunday, June 09, 2019

Relief for holidayers as June airfares cool down

With domestic carriers swiftly filling up vacant Jet Airways slots, fares on key metro routes seem to have come down starting June. In fact, airfares are down up to 5% year-on-year on major routes due to acceleration in fleet expansion by SpiceJet and Vistara. While budget carrier SpiceJet has inducted over 30 aircraft from Jet’s fleet, Vistara has added six such planes to take advantage of vacant slots at metro airports.

Airfares on Delhi-Mumbai, Mumbai-Bengaluru and Delhi-Kolkata routes are marginally lower in June as compared to the same period last year for travel scheduled 15 days later, as per data provided by Yatra.com. For instance, return fare on the Delhi-Mumbai route for journey 15 days later would cost Rs 7,240 against Rs 7,395 last year, down 2% y-o-y. Similarly, a passenger will have to shell out Rs 5,721 for a two-way journey between Delhi and Hyderabad for travelling a fortnight later, 3% y-o-y less as compared to Rs 5,883 paid in June 2018. The June quarter is considered to be peak season for air travel because of holidays.
09/06/19 Arun Nayal/Financial Express

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