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Airfares lower up to 38% this festive season due to capacity expansion
The New Indian Express
|October 19, 2024
UNLIKE past peak festive seasons when airfares go through the roof, so far this year it is on the lower side as rapid capacity expansion by airlines and lower jet fuel prices appears to be keeping the mismatch in demand and supply in check.
As per data shared by travel portal ixigo, one-way average fare in the Diwali-led festive heavy week (Oct 28-Nov 3) across major routes has seen a correction of up to 38% when compared to last year's festive heavy week (Nov 10-16, 2023). The one-way average fare from Mumbai to Delhi this season (Oct 28-Nov 3, 2024) has come down to ₹5
This story is from the October 19, 2024 edition of The New Indian Express.
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