Post Jet crisis, Indian airfares skyrocketing

Airfares in India have been on the rise for the last one month, ever since Jet Airways suspended its domestic and international flights. With only seven Jet aircraft operating out of its fleet of 124, its competitors seemed to have cashed in on the opportunity to hike fares, thereby adding to commuters’ woes.

This morning, flights from Mumbai to Delhi were being sold online for fares as high as Rs 32,000 for a single journey, with the minimum one-way price clocking around Rs 8,000. Prices are almost the same from Delhi to Mumbai. Similar airfares are being displayed on websites for an entire week.

Bipin Singh, who is a frequent traveler, said he had to pay a heavy fare for traveling today from Mumbai to Delhi by GoAir flight G8-319. Read More

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