Flying too close to travel date? Be ready to pay up to five times more
1 year, 10 months ago

Flying too close to travel date? Be ready to pay up to five times more

The Hindu  

If you are planning a last-minute air travel, either for business or due to a medical emergency, be prepared to spend up to five times more than last month. According to online travel portal Ixigo, a one-way spot fare of ₹16,585 for a Delhi-Ahmedabad flight on May 24 was five times more expensive than that in last month when the same ticket was available for ₹3,325. According to Cleartrip, fares booked in this booking window averaged around ₹6,185 and were 28% higher than those booked within the same booking period last month with an average of ₹4,817. An airline industry veteran, who has served with multiple airlines in the ticket revenue vertical, said spot fares were aimed at corporate bookings where “travel is time sensitive but not price sensitive”. “The spot fares in May have risen significantly versus April primarily due to peak season demand and a reduction in capacity due to the grounding of Go First, thereby creating an imbalance in demand & supply,” said Gaurav Patwari, vice-president, Air Category, Cleartrip.

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