Fares spike by 86% as runway shut at Delhi airport and demand remains high

One travelling to Mumbai from the national capital on Saturday would have to spend Rs 11,060 as against Rs 9,228 on normal days

Delhi airport on global top 5 and first among Asian on social media
New Delhi’s Indira Gandhi International Airport responds within half hour for direct complaints and 45 minutes for indirect complaints logged in via social media
Press Trust of India New Delhi
Last Updated : Nov 17 2018 | 3:19 AM IST

Fliers to and from Delhi will have to shell out more as the closure of one of the three runways and high travel demand over the weekend have spiked fares by around 86 per cent, claimed an e-commerce travel website.

On Friday evening, several travel portals showed a sharp rise in spot airfares.

While a Delhi-Bengaluru ticket on normal days costs Rs 11,044, for Saturday it cost Rs 13,702 on average, according to flight data of ixigo.

One travelling to Mumbai from the national capital on Saturday would have to spend Rs 11,060 as against Rs 9,228 on normal days.

There was an increase in fares from Delhi to Mumbai, Bangalore, Hyderabad, Kolkata, Chennai and other destinations for the next one week, especially (November 16-19) due to the closure of one of three operational runways for repair.

Runway 27/09 has been closed for repairs for 13 days at the Indira Gandhi International Airport (IGIA), operated by DIAL. IGIA is the busiest aerodrome in the country and has three runways.

Its closure will lower the capacity of IGI Airport by 50 arrivals and 50 departures per day in this duration.

An official said that before the closure of the runway, airlines were informed in advance about it.

Ixigo's CEO and co-founder Aloke Bajpai said cancellation of flights from New Delhi airport, due to closure of the runway, had led to an increase in fares for the next one week.

"Another contributing factor is a high travel demand over the upcoming weekend. We have seen an average increase of 86 per cent in air fares for flights from Delhi to key routes, including Mumbai, Bangalore, Hyderabad, Kolkata and Chennai," Bajpai said.

An average fare growth of 122 per cent has been recorded for Bengaluru-bound flight from Delhi. Similarly, a 57 per cent increase has been recorded for tickets to Hyderabad, ixigo said.

An airline official said the closure of one of three runways has impacted the operations of flights.

The IGIA handled 63.5 million passengers in 2017-18 and has movement of around 1,300 flights every day.

Delhi International Airport Ltd (DIAL) is a consortium led by the GMR group. Other stakeholders are the government-owned Airports Authority of India (AAI) and Germany's Fraport.

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Nov 16 2018 | 7:40 PM IST

Next Story