Go First insolvency: Spot airfares rise on the airline’s top routes

Spot airfares on Go First’s top routes have increased with the airline not operating any flights from Wednesday onwards.

The vacuum created due to the absence of Go First has led to the airfares increasing on these major routes, which include Delhi-Srinagar, Mumbai-Goa and Delhi-Leh, by up to 43 per cent.

Go First was the strongest on the Delhi-Srinagar route. The carrier was scheduled to operate 75 flights per week in May on the route, according to aviation consultancy firm Cirium’s data, which has been reviewed by Business Standard. According to data provided by ixigo, the spot airfares on Delhi-Srinagar have jumped by 17.82 per cent within a week.