'Airfares on domestic routes down by 35%'

'Airfares on domestic routes down by 35%'

Rates decreased by 16% on international routes

'Airfares on domestic  routes down by 35%'
There may be complaints about airlines’ predatory pricing, but a travel portal’s data shows airfare decreased by 35% on domestic routes and 16% on international routes during April-June this year.

One of the reasons could be the increase in frequencies and destinations by airlines like IndiGo, Vistara and the resurrection of SpiceJet in the domestic market.

“We are seeing positive passenger movement and have seen airfares stabilise in the April-June quarter vis-a-vis last year, MakeMyTrip vice-president (Online Revenue) Diwakar Pareek said.

The analysis by the portal showed that a Delhi-Goa ticket cost Rs 5,309 last month compared to Rs 7,144 same period last year. While the ticket is priced around Rs 4,347 this month, it was Rs 6,198 last year. For a June ticket to Goa, one could buy it for Rs 4,379 now, while the average was Rs 5,247 last year.

Similarly, a Mumbai-Goa ticket cost Rs 2,762 last month compared to Rs 3,111 same period last year. While the ticket is priced around Rs 2,778 this month, it was Rs 3,786 last year. For a June ticket to Goa, one could buy it for Rs 2,282 now while the average was Rs 2,553 last year.

Pareek said domestic market continues to grow at a very healthy rate and attractive sales by airlines have further energised travel to domestic and  foreign destinations like Dubai, Colombo, Kathmandu, New York, London, Singapore and Bangkok.

“While Delhi-London and Bombay-New York average fare in June 2016 saw a drop of 16%, the reduction in fares helped create new demand for air travel on these routes. With a heavy advance purchase for the summer vacation period and the upcoming high travel season, we expect the overall numbers to maintain the robust growth,” he said.

Parliamentarians and fliers were complaining that the airlines were jacking up prices, especially for last-minute bookings. The issue was raised in Parliament in the recently concluded Parliament session once against but Civil Aviation Ministry has said that it could not interfere in such matters.
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