Domestic Airfares See Up To 30% Dip This Year, As Compared To Last

This could be a classic Indian summer for domestic travellers. With tickets costing up to 30% less than they did last year on many routes, sales could boom at airlines during the busy season, though yields may face headwinds.

Executives at India’s top travel companies said that average peak-season fares are the lowest this year, having consistently fallen over the past four years amidst intensifying competition.

April-end marks the beginning of the summer vacation in India’s academic calendar, leading to a travel spurt which encourages airlines to raise fares. But stiff competition has upended the traditional business practice this year, with the airline industry selling local tickets at among the cheapest rates globally. Read More…

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