Airfare between Mumbai, Delhi, Bengaluru and Kolkata is set to rise in the coming two weeks as school vacations approach and the recent jet fuel price hike. Major airlines like Jet Airways and IndiGo may bounce back from numerous flight cancellations and ongoing runway repair projects.
“Fares on major domestic routes have witnessed a hike in spot airfares as compared to last year due to a decrease in seat capacity and increase in demand as we move closer to peak travel season of summers. We expect a hike in passenger load factor as travelers plan their domestic and international trips to various destinations.
These prices are expected to spike further and airlines are expected to tap into this growing demand.” Sharat Dhall, COO (B2C) at Yatra.com said. Read More