Domestic airfares on northward trajectory, still among lowest globally: Experts

India is one of the world’s fastest growing civil aviation markets and on average 4.5 lakh passengers travel on domestic flights daily

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Domestic airfares are sailing northwards, surging up to 40 per cent in key routes on higher traffic and capacity constraints in the last six quarters. Still, ticket prices are among the lowest in the world, according to experts.

India is one of the world's fastest growing civil aviation markets and on average 4.5 lakh passengers travel on domestic flights daily. While only a small percentage of the country's population travels by air, capacity constraints are a key challenge as many aircraft are grounded mainly due to supply chain issues.

Aviation consultancy firm CAPA India said that average fares on the top 20 domestic routes had not moved significantly in nominal terms for the last two decades, until the last six quarters during which they have been up by close to 40 per cent.