Spot airfares up 3x in a month on India's busiest routes
Business Standard|June 05, 2023
The spot airfares on five of India's six busiest routes have jumped by up to three times in the past one month. However, for tickets purchased 30 days in advance on these routes, the fares have seen a marginal increase (not over 15 per cent).
DEEPAK PATEL
Spot airfares up 3x in a month on India's busiest routes

On the Delhi-Mumbai route, which is India's busiest air route, the average spot airfare on June 1 stood at ₹18,654, according to data provided by Ixigo. On May 1, two days before Go First's exit, the average spot airfare on this route stood at ₹6,125.

Interestingly, the prices for tickets purchased 30 days in advance have not gone up much even after Go First's exit. In June, the average price for tickets purchased 30 days in advance on Delhi-Mumbai flights was ₹5,475, which was 8.85 per cent more than in April.

This story is from the June 05, 2023 edition of Business Standard.

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This story is from the June 05, 2023 edition of Business Standard.

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