Five ways Jet Airways’ crash landing affected air travel industry

New Delhi: A month after distressed airline Jet Airways (India) Ltd halted operations on 17 April, there is little sign of a credible investment or emergency funding plan before the company. This has serious consequences for the company as well as the aviation industry. Here are the five ways Jet Airways’ crash landing hit the industry.

Airfares

Jet Airways’ halting of operations has crippled the air travel market and made ticket prices costlier, especially those booked closer to the travel date or on the date of travel. This makes flying less attractive for the price-conscious customer, though according to industry observers, this could be a short-term effect as other carriers will eventually meet the gap in capacity.