NEW DELHI: With India’s third-largest airline – Go First – filing for bankruptcy, the already high spot airfares could rise further on routes where the Wadia Group entity has significant presence as the peak travel season kicks in. Domestic air travel has been hitting new all-time highs since this March and all airlines are reporting over 90% occupancy. It means that there are few unsold seats and those affected by Go First cancellations or now not booking this airline will have to shell out anywhere up to 20% more, say industry insiders.
“Go First accounts for six of the about 30 (by airlines together) non-stops daily on Delhi-Srinagar and Mumbai-Goa routes, six of the 52 daily on Delhi-Mumbai, five of 13 on Delhi-Leh, and three of 10 on Delhi-Bagdogra.
