New Delhi: Fact. Aviation sector is not buzzing with airfare discounts
as much as e-commerce sites, which are offering huge price cuts in
ecommerce space, this festive season. But the anomaly ends there as the
fact is that air travellers can travel at the cheapest rates this peak
season thanks to the overall low ticket prices which are on offer by
both full service carriers such as Air India, Jet Airways and budget
carriers such as SpiceJet, Indigo and Go Air.
The October to December period is considered peak season for air travel with a jump in occupancy levels for airlines. Due to this, the trend has been for airlines to increase fares during his period between 10-30% every year. However, fares are ruling about 20% lower this year as compared to same period last year, according to travel portal Cleartrip.
The average 60-day fare in sectors such as Delhi-Mumbai, Mumbai-Bangalore and Mumbai-Goa is lower at about Rs 3,500 while on popular international sectors such as Delhi-Dubai and Mumbai-Hong Kong, the two-month advance fare is Rs 10,500, about 10% lower than the same period last year.
An airline executive said that pricing has been subdued during the peak season this year due to oversupply wherein few airlines such as Spicejet and Indigo continue to add capacity, resulting in lower occupancy in flights. This is being made up through offers that run the entire festive period up to December.
Read news in full 17/10/14 Subhash Narayan/Financial Express
The October to December period is considered peak season for air travel with a jump in occupancy levels for airlines. Due to this, the trend has been for airlines to increase fares during his period between 10-30% every year. However, fares are ruling about 20% lower this year as compared to same period last year, according to travel portal Cleartrip.
The average 60-day fare in sectors such as Delhi-Mumbai, Mumbai-Bangalore and Mumbai-Goa is lower at about Rs 3,500 while on popular international sectors such as Delhi-Dubai and Mumbai-Hong Kong, the two-month advance fare is Rs 10,500, about 10% lower than the same period last year.
An airline executive said that pricing has been subdued during the peak season this year due to oversupply wherein few airlines such as Spicejet and Indigo continue to add capacity, resulting in lower occupancy in flights. This is being made up through offers that run the entire festive period up to December.
Read news in full 17/10/14 Subhash Narayan/Financial Express
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