Domestic airfares rise 25% as Christmas travel boosts traffic

A surge in holiday-season demand and arrival of foreign tourists has pushed airfares for travel in the Christmas week by 25 per cent across the domestic network.

“Compared with last year, we have seen a 76 per cent increase in one-way fare between Mumbai and Goa but that on the Delhi-Goa route has risen just about eight per cent. Similarly, fares on the Mumbai-Kochi route have increased only seven per cent, but that on Mumbai-Thiruvanathapuram have zoomed 133 per cent. There’s no particular reason we see for the price spike on the Thiruvanathpuram route. Overall, the fares for travel up to January 2 are up 25 per cent,” said Tarique Khatri, senior vice-president (business development), Cleartrip.

Khatri said bookings on Cleatrip during the Christmas-New Year week had been robust. Hotel rates, too, had zoomed, deterring travellers. “A lot of hotels have been rented out and a five-night stay at a three-star hotel in Goa can cost up to Rs 41,000 for two,” he added.

Full report here Business Standard 


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