Key Points
NEW DELHI : Spot airfares continue to trend higher on several routes across India as the domestic civil aviation industry struggles to fill a capacity void caused by the suspension of Go First flights more than a month ago, data from online travel portals showed...
Data from travel portals showed that last-minute airfares for flights on routes with a strong presence of Go First such as Delhi-Pune have jumped to about 16,000 from a little more than 5,300 in the last week of April..
Spot airfares for flights to Ahmedabad from Delhi have also shot up to 14,000 from over 3,000 in last week of April, and last-minute fares from Kolkata to Ahmedabad are now hovering at around 15,000 from nearly 7,700 in April..
Airfares (especially on spot bookings for popular leisure sectors from Mumbai and Delhi) have witnessed a significant surge vs last month such as Leh 60-80%, Srinagar 50-70%, Goa 40-50% and Pune 25-30%," Indiver Rastogi, president & group head, Global Business Travel, Thomas Cook (India) and SOTC Travel, said..
This, in addition to the recent government intervention, has further helped in reduction of 10-15% in airfares over the last week such as 10% in Delhi Leh, 11% in Delhi-Srinagar, 16% in Mumbai-Srinagar and 12% in Delhi-Pune, Rastogi said..
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