Airfares on Busy Routes go up by 10-25 Percent
By
siliconindia | Thursday, 19 April 2012, 04:33 Hrs
NEW DELHI: Even before the holiday season has begun, all airlines have jacked up their fares on many busy air routes by 10-25 per cent over the past few days.
One reason for the high fares was that the airlines, including the no-frill carriers, were cashing in on the severely curtailed services of the ailing Kingfisher Airlines.
While a special cell of the Directorate General of Civil Aviation (DGCA) monitors air fares on a regular basis, officials said the fares were "not higher than the (price) band submitted by the airlines themselves".
The government argues that air fares were regulated by the market and not by it, though they could take action if the prices went above the submitted price bands.
On the busiest Delhi-Mumbai route on which the last- minute return economy airfares averaged about
9,000-10,000 in February when Kingfisher was carrying out large-scale cancellations, now range between a low of
11,300 and a high of
22,800.
Similarly, on the Delhi-Bangalore sector, economy return fares rose from an average of
12,000-15,500 to
17,000- 23,000. The Delhi-Kolkata route saw a jump from
10,000- 12,000 to between
15,000 and
18,000, while that for Delhi-Srinagar ranged from
10,500 to as high as Rs 34,194.
The Delhi-Chennai return fare now ranges between
15,000 and
20,500, while that on the Delhi-Hyderabad sector between
15,000 and
19,000.
Most airlines showed that very few tickets were left even at the lowest fares now being offered.
Travel agents also confirmed the development, saying reduction of Kingfisher flights on some sectors have led to almost doubling of fares, with low fare buckets vanishing very soon. They also expected the fares to shoot up further when the holiday season actually began in May.
Source: PTI
9,000-10,000 in February when Kingfisher was carrying out large-scale cancellations, now range between a low of
11,300 and a high of
22,800.
Similarly, on the Delhi-Bangalore sector, economy return fares rose from an average of
12,000-15,500 to
17,000- 23,000. The Delhi-Kolkata route saw a jump from
10,000- 12,000 to between
15,000 and
18,000, while that for Delhi-Srinagar ranged from
10,500 to as high as Rs 34,194.
The Delhi-Chennai return fare now ranges between
15,000 and
20,500, while that on the Delhi-Hyderabad sector between
15,000 and
19,000.
Most airlines showed that very few tickets were left even at the lowest fares now being offered.
Travel agents also confirmed the development, saying reduction of Kingfisher flights on some sectors have led to almost doubling of fares, with low fare buckets vanishing very soon. They also expected the fares to shoot up further when the holiday season actually began in May.