Airfares for August-October drop as carriers eye early bookings
Conventionally, airfares cool in June and July. This year, fares are high as government hiked its lowest fare cap by around 15% for travel in June-July. The drop in Covid cases brought about a spike in demand for air travel, and what you have is the cheapest fare, say on the Mumbai-Delhi route, priced over Rs 10,000, even for travel late next month. But for August, the cheapest return fare on a Mumbai-Delhi flight is Rs 4,600. A similar fare drop can be seen across most domestic sectors.
On sale or not, most airlines have put out cheap fares for travel in August-October to rake in much-needed forward booking revenue.
