Those who book tickets early might not always get to fly cheaper.
Airlines seem to be reducing fares closer to the travel date, an
analysis of tickets on offer for travel on six key sectors showed that
fares quoted on October 17 for travel were more costly when booked 30
days in advance than 10 days.
In recent times, these select trunk routes have seen capacity addition. "With the added capacity on the top metro routes, and lower load factors in the first half of October compared to last year, airlines have reduced fares closer in to get more people to fly," chief revenue officer at online travel portal Cleartrip, Amit Taneja said.
Moreover, the lower fares benefit customers. Airlines have witnessed higher overall revenue as the lower fuel prices enable them to operate profitably even at low fares, according to Taneja.
From this year, airlines have added about 18% seats in sync with over 20% growth in passengers that the domestic market registered between January and August. Overall, airlines offer about 300,000 seats on domestic sectors.
About 63 flights operate from Delhi to Mumbai and vice versa. Other city pairs like Bengaluru-Mumbai and Mumbai-Hyderabad have 32 and 21 daily direct flights, respectively, and many more flights with stopovers. Pune and Chennai and Kolkata-Bengaluru have seven and 12 flights, respectively.
Read news in full 14/10/15 Business Insider
In recent times, these select trunk routes have seen capacity addition. "With the added capacity on the top metro routes, and lower load factors in the first half of October compared to last year, airlines have reduced fares closer in to get more people to fly," chief revenue officer at online travel portal Cleartrip, Amit Taneja said.
Moreover, the lower fares benefit customers. Airlines have witnessed higher overall revenue as the lower fuel prices enable them to operate profitably even at low fares, according to Taneja.
From this year, airlines have added about 18% seats in sync with over 20% growth in passengers that the domestic market registered between January and August. Overall, airlines offer about 300,000 seats on domestic sectors.
About 63 flights operate from Delhi to Mumbai and vice versa. Other city pairs like Bengaluru-Mumbai and Mumbai-Hyderabad have 32 and 21 daily direct flights, respectively, and many more flights with stopovers. Pune and Chennai and Kolkata-Bengaluru have seven and 12 flights, respectively.
Read news in full 14/10/15 Business Insider
No comments:
Post a Comment