Year end airfares rise by 25%

Flying out for a year-end holiday could make Indians dig deeper into their pockets, as airfares to most domestic destinations have shot up between 10% and 25%, according to data from travel websites.

Although all airline bookings made now for Christmas and New Year-time travel will fall in the 30-day advance fare bracket, fares for most domestic destinations are 10-15% higher than last year. For places like Goa, Udaipur and Kochi, airfares are 20-25% higher.

For instance, a Delhi-Goa return ticket between December 23 and January 5 will cost at least Rs 20,168. The fare peaks at Rs 38,800 on Jet Airways. Similarly, Kolkata residents will have to shell out more than Rs 20,000 for a round trip to any of the top-three domestic holiday destinations of Goa, Kochi and Udaipur. In comparison, flying to Bangkok from the city is a cheaper option, with Jet AirwaysBSE -0.11 % charging Rs 16,330 for a return ticket.

In this case, discounts schemes announced by airlines like GoAir and SpiceJetBSE -0.28 % have not helped, as some of the offers were for a shorter duration, while others are only applicable for group and family bookings. “Specifically, for the Christmas and New Year time, fares to some destinations are even 20-25% higher than last year,” said Sharad Dhall, president, Yatra.com.

Read the full report here, Economic TimesĀ 


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