NEW DELHI/MUMBAI: Air passengers face the grim prospects of high air fares and fewer flight choices as several airlines cancel operations due to a number of reasons including the grounding of 737-MAX aircraft.
According to industry insiders, some sectors have shown a rise of more than 100% in last minute bookings. “With an unprecedented number of planes now grounded due to various factors, reduction in seat capacity has led to an increase in fares overnight. Last minute airfares on Wednesday increased to more than 100% on some key routes like Delhi-Mumbai, Mumbai-Chennai, Mumbai-Kolkata and Mumbai-Bengaluru as compared to same time last year,” said Aloke Bajapi, CEO and Co-founder, ixigo.
“Spot fares for Mumbai-Chennai are touching 26,073 as opposed to 5,369 the same time last year. “
