Who decides the airfares and on what basis? Airlines must adhere to DGCA guidelines on dynamic airfares
Airfares in this dynamic market adhere to the principles of supply and demand. Minister of State in the Ministry of Civil Aviation Gen. (Dr) V. K. Singh (Retd) in a written reply to a question in Lok Sabha said “airfares are influenced by various factors, including the number of seats sold on a particular flight, prevailing fuel prices, aircraft capacity, competition, seasonality, holidays, festivals, weekends and events such as sports competitions and fairs.”
Month wise airfares structure
India experiences a highly seasonal aviation market characterised by fluctuations in passenger traffic. Typically, May and June see heightened activity, extending into mid-July with increased international flows contributing to domestic demand.
