For Quick Alerts
ALLOW NOTIFICATIONS  
For Daily Alerts

    Airfares Surge By 40-50% As Major Airlines Cancel Flights

    |

    Due to operational and financial turbulence at some of the country's leading airlines including Indigo and Jet Airways, air ticket prices for some of the busiest routes has seen a sharp surge. Jet Airways and Indigo on a daily basis were operating about 2000 flights.

    Airfares Surge By 40-50% As Major Airlines Cancel Flights
     

    Debt-ridden Jet Airways  grounded 25 aircraft after the airline fails to pay the dues due to the lessors in accordance with the lease agreement. Amid operational inefficiency, the air carrier cancelled as many as 60 flights on February 28. On a daily basis, Jet Airways has been cancelling flights.

    Low-cost Indigo also said it will cancel 30 daily flights till the end of March mainly due to shortage of pilots and also as the air-carrier is unable to manage its increasing fleet.
    Runway maintenance and repair work until March 30 at Mumbai International airport is also leading to flight disruptions.

    As per MakeMyTrip, a round trip from Mumbai to New Delhi from March 29- March 31 will cost at least Rs. 6,385. Similarly airfares from Mumbai to Kolkata and Chennai are priced in the range of Rs. 7000-Rs. 8000. Airfares for another busy route Mumbai to Bangalore is also available for up to Rs. 5000.

    Notably, for these routes if the air tickets are booked 3 weeks in advance, the usual fares are less by Rs. 1000- Rs. 2000.

    GoodReturns.in

    Read more about: airfares jet airways indigo
    Story first published: Tuesday, March 5, 2019, 14:20 [IST]
    Company Search
    Enter the first few characters of the company's name or the NSE symbol or BSE code and click 'Go'

    Find IFSC

    We use cookies to ensure that we give you the best experience on our website. This includes cookies from third party social media websites and ad networks. Such third party cookies may track your use on Goodreturns sites for better rendering. Our partners use cookies to ensure we show you advertising that is relevant to you. If you continue without changing your settings, we'll assume that you are happy to receive all cookies on Goodreturns website. However, you can change your cookie settings at any time. Learn more