Domestic Airfare

Why Indian airlines can't raise fares despite soaring passenger demand

Despite soaring passenger numbers, Indian airlines can't raise fares due to fierce competition, rising costs, and price sensitivity, leaving them struggling to stay profitable

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

Airfares increase up to 25% for Diwali, Onam festival season travel

Airfares are heading northwards for the festival season, with the average one-way ticket price on key domestic routes being 10-15 per cent more for Diwali and 20-25 per cent higher for certain flights to Kerala cities for Onam, according to an analysis. An analysis done by travel portal ixigo for PTI showed that the average one-way economy class fare for non-stop flight on Delhi-Chennai route during October 30-November 5 period is 25 per cent higher at Rs 7,618. This is in comparison to the fare during November 10-16 period last year. For the given comparison period, the ticket price is 21 per cent more at Rs 5,162 on Mumbai-Hyderabad route and 19 per cent higher at Rs 5,999 and at Rs 4,930 on Delhi-Goa and Delhi-Ahmedabad routes, respectively. On certain other routes, fares are higher in the range of 1-16 per cent, as per the analysis. ixigo's Group Co-CEO Rajnish Kumar said travel demand for Diwali is on the rise with airfares higher than last year. "Popular routes like ...

Air passenger traffic in India likely to reach 300 mn by 2030: Scindia

The number of domestic passengers in India is expected to surge to 300 million annually by 2030 from 153 million in 2023, Union Civil Aviation Minister Jyotiraditya Scindia said on Thursday. Speaking at the inaugural session of Wings India 2024, a civil aviation conclave and exhibition here, Scindia also said the number of airports, and waterports will increase to over 200 from the existing 149 in the country. With 300 million passengers a year in 2030, India's aviation penetration would be at 10 to 15 per cent and still be a potential market. He noted that the domestic air passenger traffic witnessed 15 per cent growth CAGR while that of international 6.1 per cent in the last decade. In the last 15 years, domestic cargo witnessed a growth of 60 per cent international at 53 per cent. Union Minister of State for Civil Aviation General VK Singh and Telangana Minister K Venkat Reddy also spoke on the occasion.

TMS Ep457: High airfares, tutoring industry, FDs over equities, NDRF

Are cartelisation, regulatory failure led to high airfares? How does India's tutoring industry compare to the world? Are FDs a better bet over equities for next year? What is the NDRF? Answers here

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:

IndiGo's audacity? Media platform founder complains about high ticket costs

Chaturvedi took to Twitter and shared her disappointment after she had to pay Rs 21,000 for a one-way ticket from New Delhi to Ahmedabad

Airfares on Holi high: Travel firms witness a rise in advance bookings

The increased demand has reflected in higher fares on popular routes during March 6-12 (Holi week) compared to February 6-12

Airport slots for next season to be based on this season's usage: Govt

Usage of slots for more than 80 per cent of time in the previous winter season decides whether an airline would get the same slot again in the current winter season

Aviation stocks fly high as govt to lift domestic airfare caps from Aug 31

Shares of InterGlobe Aviation opened at Rs 2,070.05, then gained further to touch 2,080.80, registering a jump of 2.09 per cent over its last close.

AirAsia India Pay Day Sale brings affordable fares for domestic travel

AirAsia India has introduced a Pay Day sale with prices as low as Rs 1,499. The idea of the Pay Day sale is to make short aerial routes like Delhi-Jaipur affordable for all

Airfare bands protecting interests of airlines, passengers: Scindia

He also emphasised that under normal circumstances, airfares are neither established nor regulated by the government

Oil prices, muted traffic: Why airlines may not benefit from airfare hike

On Thursday, the Ministry of Civil Aviation hiked the airfare price band on flights with 90 to 120 minutes of duration to Rs 3,900, up from Rs 3,500 earlier

Cap on domestic airfare extended till 31 March, but with rules tweaked

Airlines will need to sell 20% seats below midpoint of the fare band on each flight instead of 40% as mandated earlier

Domestic airfare cap to remain in place till November 24: Aviation Ministry

Domestic passenger services resumed on May 25 after nearly two months of suspension to combat the coronavirus outbreak.

Govt may extend airfare caps beyond August 24 if necessary: Aviation secy

The government resumed domestic passenger flights from May 25 after nearly two months of suspension to combat the coronavirus outbreak

Top headlines: HDFC Q4 PBT down 27%, LG Polymers faces court heat

Business Standard brings to you the top headlines of the day.

Airlines accept 3-month fare cap, but wish govt didn't fix pricing

The industry is fears that despite the government saying that the cap and floor will be for three months, it may extend it arbitrarily

Covid-19 crisis: Delhi-Patna most booked as flights prepare to resume ops

MakeMyTrip and a host of other companies in the travel and hospitality industry took a "safety pledge" to maintain high hygiene standards, and follow new protocols to ensure safety and sanitisation

Airlines to follow ticket price rules as domestic flights begin from May 25

Airlines will be allowed to resume about a third of their operations from Monday, within rules that include no meals on board, temperature checks for all passengers