International airfares rise 50% on higher demand, jet fuel costs

Airfares to popular destinations such as London and New York have surged 45-50 per cent over the pre-pandemic period driven by high demand, limited capacity and increase in jet fuel price.

Seats are difficult to get on flights to Europe and US and those that are available fall in the higher slabs. United and Air Canada’s move to suspend flights (San Francisco-Delhi, Vancouver-Delhi, Newark-Mumbai) due to restrictions on use of Russian airspace has also curtailed availability of seats on the India-North America market.

“International airfares have risen as high as 45-50 per cent on some popular routes this year as