Due to reduction in flights by Tata Group’s airline Vistara and strong air travel demand, airfares have increased by Rs 20 to Rs 25. This information was given in the report of news agency PTI quoting industry experts.
Holidays start in India in the summer season and a large number of tourists travel from one part of the country to another. In such a situation, the effect of reduction in flights by a big airline is directly visible on the fares. Let us tell you, India’s aircraft industry is already going through a phase of less flights and more demand. Before Vistara, the situation has become more challenging due to the bankruptcy of Go First and grounding of 70 aircraft by IndiGo.
Fares increased by 39 percent on some routes
According to the information given by travel portal Ixigo, there was an increase of 39 percent in the fares from April 1 to April 7 as compared to March 1 to March 7. During this period, fares from Delhi to Bengaluru have increased by 39 percent and fares from Delhi to Srinagar have increased by 30 percent. Apart from this, fares on Delhi-Mumbai route have increased by 12 percent and fares on Mumbai-Delhi flight have increased by about 8 percent.
20 to 25 percent increase in flight fares
Bharat Malika, senior vice president of air and hotel business at travel portal Yatra Online, says that there will be an increase in fares for domestic as well as international flights. He further said that due to 10 percent reduction in flights by Vistara, fares on routes like Delhi-Goa, Delhi-Kochi, Delhi-Jammu and Delhi-Srinagar have increased by an average of 20 to 25 percent. Apart from these, he said that one of the reasons for the increase in air fares is the increase in cost along with increase in demand in the summer season.
Latest Business News