Key Points
Fliers should book now, and take advantage of the spate of sales by airlines, rather than wait for better deals for their summer travel plans...
Airline executives said while there will be a rush of Indian travellers this summer, the number of flights may not be able to keep pace with increased demand, ensuring there will be no last-minute fire sale by carriers...
Airlines will add more than 150 new aircraft in 2024, up 34% from last year, as Airbus and Boeing have stepped up production to meet a record number of orders from the country, according to those in the know..
While it is ramping up capacity by extending its lease on existing aircraft and leasing new planes for the short term, chief financial officer Gaurav Negi said he expects airline yields to stay strong for this quarter due to a capacity constraint, which will persist at least for the first six months of 2024...
"What we notice from trends of the long weekend during Republic Day and also from a similar period of February last week, people are booking for even short holidays which is keeping the overall demand strong," he said, adding that occupancy in flights will be record high this summer...
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