DC Edit | As airfares soar, let markets fix prices
2 years, 2 months ago

DC Edit | As airfares soar, let markets fix prices

Deccan Chronicle  

Market and demand induced inflation is a good test point of conviction of people to free markets, continuing and accelerating reforms, reinvigorating growth and creating opportunities. Luddites and anti-growth socialists have jumped on to the bandwagon, parasitically, trying to ride the wave of misplaced public consternation — and demand that the government must “regulate” prices, and place a higher band cap. Imagine for a second, the civil aviation sector and airlines also demanded that the same be applied the other way around — a minimum number of people must fly every single flight for them to be viable — if you must cap the top, you must also cap the bottom. There are reports of a minimum of 20 to 25 per cent price rise in domestic flights between most major Indian cities till Diwali season. The same middle classes who feel victimised by this price rise must wonder how they feel when their IIT and IIM passing out children get “too much” of a salary.

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History of this topic

Indian Airlines Unable To Hike Fares Despite Surging Travel Demand, Says Report
3 weeks ago

Indian Airlines Unable To Hike Fares Despite Surging Travel Demand, Says Report

ABP News  

The aviation industry in India has been booming recently with demand for travel surging, however, the airlines are still struggling to increase their fares. Official data from the International Air Transport Association revealed that domestic flight prices majorly remained stagnant, often reaching close to or even below 2025 levels. The data showed that airfares have not been able to keep …

Flying’s new high: Raise a toast to it?
1 month ago

Flying’s new high: Raise a toast to it?

Live Mint  

It’s ironic that airlines in India aren’t in the best of shape, but demand for air travel in the country is touching new peaks. Surprisingly, though, a new record has been scaled weeks after Diwali, which suggests durable strength in this market, with its pandemic slump now a fading memory. While capacity has expanded a bit, a long expected wait …

Airfare surge amid Vistara crisis: You may now have to pay up to 30% more on these major routes
8 months, 2 weeks ago

Airfare surge amid Vistara crisis: You may now have to pay up to 30% more on these major routes

Hindustan Times  

Air travelers in India may have to pay 5-30 per cent more for flights this summer as airlines see capacity cuts amid rising travel demand as well as operational woes. The carrier said, “We are cutting 25-30 flights per day, which represents roughly 10 per cent of our total capacity.” Additionally, IndiGo has also grounded 75 of its aircraft due …

India is a price-sensitive market, says IndiGo CEO
8 months, 3 weeks ago

India is a price-sensitive market, says IndiGo CEO

The Hindu  

There is healthy and tough competition in the Indian aviation market, which is also price sensitive, India’s largest airline IndiGo’s chief Pieter Elbers said, adding that there is an enormous demand for travel in the country. Mr. Elbers, who heads IndiGo, which has a domestic market share of little over 60%, said the overall price levels in India are "very …

Airfares are sky-high — is that a good thing?
1 year, 1 month ago

Airfares are sky-high — is that a good thing?

Hindustan Times  

Life has gotten more expensive since the pandemic but few things have risen as much as the price of flying. In February 2023, data from aviation analytics company Cirium revealed that average ticket prices for hundreds of the world's most popular routes had risen by 27.4% from early 2022, when prices were low as pandemic-hit airlines looked to entice travelers …

Average Airfares On A Downward Trend On Various Domestic Routes: Official Data
1 year, 6 months ago

Average Airfares On A Downward Trend On Various Domestic Routes: Official Data

News 18  

The overall average airfares on ten domestic routes, including Delhi-Srinagar, are on the decline, and the trend is likely to continue in the coming weeks also, according to an analysis based on data compiled by aviation regulator DGCA. Against this backdrop, concerns have been expressed in various quarters, and the civil aviation ministry on June 6 asked airlines to devise …

Famous Domestic Routes Witness Downfall in Average Airfares, Check Details
1 year, 6 months ago

Famous Domestic Routes Witness Downfall in Average Airfares, Check Details

News 18  

The air travel demand has witnessed a sudden spike recently, causing a hike in ticket prices. However, research based on data gathered by the aviation regulator Directorate General of Civil Aviation come into the limelight, under which it indicated that some of the famous domestic routes have been seeing a downfall the in the average airfares. As per analysed data, …

Why Delhi-Mumbai airfares are among the costliest globally
1 year, 6 months ago

Why Delhi-Mumbai airfares are among the costliest globally

Firstpost  

Airline ticket fares are flying high in India. Higher fares than many busiest routes globally A flyer from India will find cheaper last-minute or spot fares on the busiest domestic routes of countries such as the United States, the United Kingdom, Australia, China, South Korea and South Africa than the current Delhi to Mumbai ticket rates, reported the Times of …

Delhi-Mumbai Flight Ticket: Airfares Goes as High as Rs 14K Between Two Cities
1 year, 6 months ago

Delhi-Mumbai Flight Ticket: Airfares Goes as High as Rs 14K Between Two Cities

News 18  

Planning to fly from Delhi to Mumbai? Currently, the 24-hour advance non-stop flight ticket comes under the price tag of Rs 14,000 or even more, which is considered the most expensive domestic ticket worldwide. Even with a depreciating rupee, an Indian traveler would find better deals at the last minute better on the busiest domestic routes in the US, UK, …

Flight prices soar high on demand, stagnant supply
1 year, 6 months ago

Flight prices soar high on demand, stagnant supply

Hindustan Times  

Record demand and stagnant supply in the ongoing peak season have resulted in high ticket prices on domestic flights, an HT analysis has shown. Civil Aviation minister Jyotiraditya Scindia on Monday met with the Airlines Advisory Group on the increased airfares on certain air routes, particularly those in which Go First operated, and directed airlines to self-monitor ticket prices. The …

'Must ensure maximum prices are within limit': Govt on surge in airline tickets
1 year, 6 months ago

'Must ensure maximum prices are within limit': Govt on surge in airline tickets

Hindustan Times  

Aviation minister Jyotiraditya Scindia on Wednesday spoke of the need to ensure airline ticket prices - which have surged since domestic air travel resumed post-Covid lockdowns - remain 'within a certain limit'. READ | ‘Not great thing for civil aviation’: Jyotiraditya Scindia on Go First insolvency case These routes are among several that have seen a significant surge in ticket …

Delhi to Mumbai Airfares Skyrocket, Surpassing Ticket Price to Dubai
1 year, 6 months ago

Delhi to Mumbai Airfares Skyrocket, Surpassing Ticket Price to Dubai

News 18  

In a surprising turn of events, airfares for the Delhi to Mumbai route have hit an all-time high, surpassing the rates for flights to Dubai. The Delhi to Mumbai airfare predicament serves as a reminder of the dynamic nature of the aviation industry, where prices can fluctuate rapidly based on market conditions and external factors. While the surge in airfares …

'No Plan To Regulate Airfares', Airlines Asked To Exercise Moderation In Ticket Pricing
1 year, 7 months ago

'No Plan To Regulate Airfares', Airlines Asked To Exercise Moderation In Ticket Pricing

News 18  

The government has asked airlines to exercise moderation and ensure a balance in pricing of air tickets amid a spike in airfares on certain routes especially after suspension of flights by crisis-hit Go First, according to a senior official. While making it clear that there are no plans to regulate airfares, the official said there should not be a huge …

Airfares hit highest level in years despite falling fuel prices
2 years, 3 months ago

Airfares hit highest level in years despite falling fuel prices

LA Times  

A wave of “revenge travel” — people making up for trips canceled during the pandemic — is among the factors keeping airfares high. “This year, CheapAir.com is anticipating a busy holiday season with high prices, and recommends that travelers shop earlier than they might have pre-pandemic,” said Jeff Klee, the company’s chief executive. “With two years of pent-up travel demand …

Airfares sting, no ‘low-cost’ flight up in the skies now
2 years, 5 months ago

Airfares sting, no ‘low-cost’ flight up in the skies now

The Hindu  

With the rise in fuel prices, domestic and international airfares have witnessed surge by up to 50% in the past few months, according to data from online portals. Similarly, a flight ticket for Bengaluru to New Delhi within the same booking window will cost ₹9,674, which is a 38% increase from ₹6,984 five months ago. Data from travel portal ixigo …

Your holiday just got more expensive! Why flyers will have to shell out more for air tickets
2 years, 6 months ago

Your holiday just got more expensive! Why flyers will have to shell out more for air tickets

Firstpost  

Passengers will have to shell out at least 15 per cent more for air fare after oil companies raised the price of Aviation Turbine Fuel by a record 16 per cent. Rise in ATF prices As per a notification of state-owned fuel retailers, the price of ATF was hiked by 16.3 per cent, to Rs Rs 1,41,232.87 per kl in …

Economy-Class Fares on International Flights from India on Rise: Check New Prices Here
3 years, 4 months ago

Economy-Class Fares on International Flights from India on Rise: Check New Prices Here

News 18  

Average economy-class fares on international flights operating on key routes connecting India have risen significantly during the last one month due to high demand, according to data from EaseMyTrip.com. The travel website's data shows that average economy class fare on a flight heading from Delhi in India to Newark in the US increased from Rs 69,034 in July to Rs …

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