Airlines cashing in on demand in domestic sector

KOCHI: Ahead of the summer schedule and when the aircraft movement is tipped to resume to the pre-pandemic level, domestic airfares have seen a significant hike. Till last month, the airfare to Chennai from Kochi was around Rs 3,100, whereas now the price starts at Rs 4,800.

The trend is the same in the Kochi-Bengaluru sector as well. According to a senior official of an airline company, the hike in domestic airfares is the result of an increase in jet fuel prices. As a result of that, a 10-20% increase is being reflected in the pricing of tickets of all airlines as the demand is high,” he said.