In the latest blow to air travellers, Indian carriers have hiked fares for advance purchase, making tickets booked even three months ahead up to 56% costlier over last month.
Roiled by recent fuel price hikes, the rupee's sharp fall against the US dollar and lower margins from previous rock-bottom fares, carriers such as Jet Airways, IndiGo, SpiceJet and GoAir have continuously been raising fares in September. The first hike was an average 25%; it was followed by another 15% rise. While drastic increases are usually implemented for spot or instant fares, travel company executives said the rise in advance purchase tickets was worrisome.
Read News In Full 16/09/13 Anirban Chowdhury/Economic Times
Tuesday, 17 September 2013
Air tickets booked in advance get costlier; cost jumps 56% in 1 month
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