Jet Airways crisis: Foreign trips set to get at least 10% costlier

The closure of Pakistan airspace is another factor as it has pushed up operating costs for airlines

Overseas tour costs are expected to increase by at least 10 per cent more, thanks to the grounding of Jet Airways. 

For passengers, air ticket price accounts for nearly half of the total cost for short-haul destinations like Dubai, Bangkok or Singapore while it accounts for around 35-40 per cent for Europe.

“This is peak travel season and there is a capacity crunch caused by cancellation of Jet flights. This has led to around 20 per cent escalation in fares. We expect 10 per cent increase in foreign tours costs,” said Rakshit Desai, managing director of FCM Travel Solutions. Jet