Airfare

Rising airfares put a damper on Dussehra and Diwali travel plans this year

The cost of flights during Diwali week in 2024 has surged compared to the same period last year, even for bookings made three months in advance, according to media reports

Festival season sees airfare surge of 10-25% for major domestic routes

Airfares are rising for the festival season, with ticket prices up 10-15% for Diwali and 20-25% for flights to Kerala cities for Onam

August rush: Airfares jump by 46% as long holiday week drives demand

Industry sources state that a significant number of planes in India continue to be grounded due to engine issues, supply chain problems, or financial difficulties

Priority to bring down airfares: Aviation Minister Ram Mohan Naidu

Naidu also said that his target is to make India the biggest domestic civil aviation market in the whole world

Air India: Now lock your flight rate for two days by paying nominal fee

Air India's 'Fare lock' feature allows passengers to secure a fare for two days by paying a nominal fee, allowing them to confirm their travel plans

Travel portal ixigo finds lowest fare at Rs 150 for a 50-min flight

Shell out just Rs 150 as base airfare and take a 50-minute flight from Lilabari to Tezpur. Not just this route, there are many more flights where the base ticket price is less than Rs 1,000. All of them are operated under the regional air connectivity scheme that provides various incentives for the airline operators. According to an analysis shared by travel portal ixigo with PTI, there are at least 22 routes where the base airfares are less than Rs 1,000 per person, with the lowest being Rs 150 for flights connecting Lilabari and Tezpur in Assam. The cheapest one way base fare is Rs 150 for a flight to and from Lilabari to Tezpur (Assam). The flights are operated by Alliance Air. While booking a ticket, there will be addition of convenience charge to the base fare. Broadly, the duration of the Regional Connectivity Scheme (RCS) flights on these routes are around 50 minutes. Majority of the routes where the base airfares range between Rs 150 and Rs 199 per person are in the North

One-third of Air India's staff hired in last two years: CEO & MD Wilson

Vistara airline, which is a 51:49 joint venture of the Tata Group and Singapore Airlines, is in the process of being merged into Air India

Vistara cancellations lead to surge in spot airfares by up to 38%

The impact on the Bengaluru-Udaipur route is quite significant because only two daily flights operate between the two cities-one by Vistara and the other by IndiGo

Relief for domestic fliers as ticket prices fall by 8% in festive season

The price reduction in airfares comes at a time when airlines are incurring higher costs, including jet fuel and airport charges

Bargain flight prices disappear as airline industry transforms into duopoly

The higher prices come at a time when two domestic carriers - IndiGo and Air India Ltd. - are set to control the bulk of one of the world's fastest-growing aviation markets

India will be 'Vishwaguru' to world on monopolistic capitalism: Chidambaram

Senior Congress leader P Chidambaram on Sunday took a swipe at the government over rising airfares, saying that in free markets, when demand increases, supply will increase, but in India's free market, when demand increases, prices will increase. The Congress has been attacking the government, demanding concrete action over rising airfares. In a tweet, Chidambaram said, "Delhi-Chennai Business Class air tickets on Vistara and Air India have been set at a 'reasonable' price of Rs 6300 and Rs 5700 respectively. Oops, sorry, they are set at a 'very reasonable' Rs 63,000 and Rs 57,000 respectively." "In free markets, when demand increases, supply will increase. In India's free market, when demand increases, prices will increase," he said. Airlines will expand their routes, curtail flights on old routes and jack up prices, the former finance minister said. "India will be the Vishwaguru to the world on monopolistic capitalism," he said. In another tweet after many criticised him for qu

Why flying is expensive right now and likely to stay this way for some time

Despite the busy summer travel months being over, the prices of airlines do not seem to be going down. Here are the factors that might be affecting these prices:

After suffering losses for 3 quarters, IndiGo on a flight path to profit

Cooling fuel prices and rupee depreciation and rising demand could help the country's largest airline by market share to reverse successive quarters of losses

Are airline stocks set to fly high?

Indian airlines doubled their fares on metro routes, even as they incurred lower fuel costs. This may boost their earnings in H2 FY23. But, are these stocks still worth your money amid competition?

Airfares jump ahead of Diwali, Delhi-Mumbai route records total sellout

Airfares have jumped two to three times as compared to the normal times on non-leisure destinations

Mixed airfare trends after cap removal; passenger traffic on rise: Experts

After the removal of airfare caps, there seems to be a mixed trend with lower ticket prices for routes having relatively lesser passenger loads, according to travel industry experts. More than two years after being put in place amid the coronavirus pandemic, the fare caps were removed with effect from August 31. The move also came against the backdrop of gradual recovery in domestic air passenger traffic. The average booking price has not changed much but there seems to be a mixed trend with certain sectors seeing drop in fares while some others witnessing a rise, as per the industry players. The country's largest airline IndiGo said the removal of airfare caps will give an opportunity to offer dynamic pricing and that there has been a consistent increase in the number of passengers over the last 5-6 months. The airline did not provide a specific answer on the airfare trends cap removal. Indiver Rastogi, President & Group Head, Global Business Travel, Thomas Cook (India) and SOTC

SpiceJet reintroduces option to lock fare for 48 hours with 'SpiceLock'

SpiceJet announced the reintroduction of 'SpiceLock', a unique service that allows passengers to lock their desired fare for 48 hours without name

Akasa, IndiGo slash fares as competition heats up in domestic market

Prices lower by 20-25% on Akasa Air's three routes, discounts being offered even for close-in travel

No cap on airfare from now, ticket prices may go up during festive season

There will be no cap on air ticket prices from August 31, and airlines will have flexibility in fixing the airfares

AI selects RateGain to adjust ticket prices with real-time airfare data

Air India has selected technology company RateGain to provide its product called 'AirGain' that will assist in dynamically adjusting ticket prices with real-time, accurate and high-quality airfare data, a statement said on Wednesday. Tata Group-owned Air India maintains a fleet of 113 planes that operate over 500 daily flights, its statement noted. "AirGain offers actionable insights to quickly react to market price change and stay ahead of the competition through its scalable and intuitive analytical capabilities," it said. Airlines gain competitive intelligence by analyzing market data in real-time, it added. AirGain's ability to track historical trends and fare changes on the most-profitable routes makes it easy for revenue and commercial teams to stay on top of every market development, the statement said.