Tuesday, March 24, 2020

Airfares zoom as flights cease to operate from tonight

Mumbai: Ahead of suspension of domestic flights in India to curtail the spread of the coronavirus infection, the airfares have increased by up to 30 per cent per cent, revealed a two-week data by travel website, Ixigo.

Airfares for a one-way Chennai-Mumbai flight were affected the most.

The total cases of coronavirus have crossed over three lakh globally, and in India, the number of positive cases have reached 415.

On Monday, the Ministry of Civil Aviation ordered the suspension of domestic flights till March 31 and on Sunday, the Ministry of Railways suspended all passenger trains across India. To top this, several States have also sealed their borders to prevent the spread of the coronavirus.

In this situation, several people have rushed to railway stations and airports to go back to their home towns. According to reports, on Monday, over 70,000 people were at an outstation train station in Mumbai trying to go back to their villages or home towns. A similar situation could be witnessed at airports in India.

Since airfares are not regulated, the airfares have jumped between March 4 and 24. The Chennai-Mumbai route had recorded an average flight ticket on March 4 at ?4,185, and on March 24, the flight average airfare is ?5,430. This is 29.7 per cent higher.

A similar trend could be noticed for the Kolkata-Pune route, which saw a rise of 13 per cent between the said dates at ?6,365 and ?7,171 respectively. The Mumbai-Delhi route saw a 7.6 per cent rise, whereas the Delhi-Mumbai route saw a 6 per cent rise.

Interestingly, airfares for the Mumbai-Hyderabad route dropped by 12 per cent, and the Kolkata-Chennai airfares plummeted by 6.3 per cent.
24/03/20 Forum Gandhi/Business Line
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