You are here: Home » Economy & Policy » News
$1.2-trn 'PM Gati Shakti' plan can snatch away factories from China
Manufacturing PMI dips to 3-month low of 55.1 in September on poor demand
Business Standard

Festive demands up airfares by 20-30% on key routes across country

The hike in airfare prices is a result of the increased cost of aviation turbine fuel, according to ixigo's data

Topics
air travel in India | festivals | Airfare hike

BS Web Team  |  New Delhi 



Delhi airport, air travel, passengers, coronavirus
The busiest travel season in India for air travel often occurs around the festival season

Increased demand during the ongoing festival season has caused airfares on major routes across the nation to increase by 20 per cent to 30 per cent, reported The Hindu Businessline.

Research by ixigo, an Indian AI-based online travel portal, shows that typical airfares have increased by 20–30 per cent this year on popular routes as a result of the increase in aviation turbine fuel (ATF). Around and Diwali, EaseMyTrip has also seen a surge in airfares on metro routes.

Aloke Bajpai, Group CEO & Co-founder of the IPO-bound OTA said to The Hindu Businessline, “With and just around the corner, excitement for the festival season is at its peak. Flight searches have risen 25-30 per cent for leisure travel for week compared to last year.”

Cleartrip’s data also revealed 23 per cent higher bookings in the same period.

Patna, Mumbai, Jaipur, Ahmedabad, Varanasi, Hyderabad, Pune, Goa, Bagdogra and Dehradun are among the top 10 leisure destinations for travel between October 01 and October 24, found the ixigo’s data.

Customer confidence has now increased as the majority of eligible citizens of India have received their booster vaccinations and the virus's impact has decreased.

This has encouraged airlines to make up for the lost revenues over the previous two years, which is supported by the raising of the airfare cap on August 31.

has predicted that due to increasing demand for travel, last-minute prices for well-travelled routes will experience a sharp increase in airfares. For instance, on travel dates shortly before Diwali, one-way rates for routes like New Delhi to Patna, which are typically approximately Rs 5,000, might reach as high as Rs 8,000-13,000.

However, there is a decrease in airfare between and after Diwali in an effort to prevent further financial hardship for its consumers. Along with this, (OTAs) and airlines are providing their clients with flash bargains and offers.

According to Cleartrip spokesperson, there are sectors where prices have dropped and there are expensive fares too.


Subscribe to Business Standard Premium

Exclusive Stories, Curated Newsletters, 26 years of Archives, E-paper, and more!

Insightful news, sharp views, newsletters, e-paper, and more! Unlock incisive commentary only on Business Standard.

Download the Business Standard App for latest Business News and Market News .

First Published: Mon, October 03 2022. 09:08 IST

RECOMMENDED FOR YOU

.