Foreign trips may pinch fliers as airfares surge
NEW DELHI|MUMBAI: For those who haven’t booked well in advance, international travel this winter will hit your pocket hard. Fares on key routes to the US and Europe are up almost threefold in some instances with the grounding of Jet AirwaysNSE -1.78 %, which was the second-largest international carrier from India until it stopped flying in April. The lack of bargains has prompted some to give up holiday travel plans.
Average fare data for December show a big jump from last year for tickets booked close to the date of travel. A Delhi-Paris ticket is priced at Rs 1,14,642 against Rs 40,020 in December last year, according to travel aggregator ixigo.
