Relief for domestic fliers as ticket prices fall by 8% in festive season
Airlines have dropped fares up to 8 per cent in the run-up to Diwali, reported The Economic Times (ET). This comes after the airlines failed to find enough buyers for the tickets they had priced higher in the hopes of profiting from the holiday rush.
Domestic carriers have announced multiple sales in recent days after raising ticket prices in anticipation of stronger demand this year, amid a supply crunch due to Go First’s bankruptcy and grounding of aircraft due to Pratt & Whitney engine issues, it added.
