Airfare increased by 25% due to flight cancellation

Vistara Crisis: Due to shortage of pilots in Tata Group’s Vistara airline, the company has reduced the number of flights by 20 to 25 percent. 350 flights are operated by the company. In such a situation, due to cancellation of Vistara flights, the burden of passengers on other planes has increased. In such a situation, there is an increase of about 10 to 15 percent in air fares. This is going to have a direct impact on the pockets of people who plan to celebrate weddings and summer holidays. According to industry experts, the demand for air travel remains high every year during the summer season. But this year the aviation industry is facing many challenges in increasing capacity as per the demand. It is even using larger aircraft on domestic routes.

What do experts say?

An analysis by travel website Ixigo showed that fares on some airlines climbed as much as 39 percent in the period from April 1 to 7 compared to the period from March 1 to 7. One-way fares for Delhi-Bengaluru flights increased by 39 per cent during this period, while for Delhi-Srinagar flights it saw an increase of 30 per cent. According to the analysis, the fare increase was 12 percent in case of Delhi-Mumbai flight services and eight percent in case of Mumbai-Delhi services. Bharat Malik, senior vice president (aircraft and hotel business), travel portal Yatra Online, said the average airfares are expected to increase between 20-25 per cent in the current summer flight schedule, covering both domestic and international routes.

Also Read: The number of startups in India has decreased for the first time in four years, yet it is the third largest hub of unicorns in the world.

Passengers opting for rail travel

Bharat Malik said that Vistara’s decision to cut flights by 10 percent has affected ticket prices on major domestic routes. We have seen a significant increase in fares. Prices on major routes like Delhi-Goa, Delhi-Kochi, Delhi-Jammu and Delhi-Srinagar have increased by about 20-25 percent. He said that one of the main reasons for high air fares is the reduction in flight operations by Vistara. Apart from this, increasing demand for summer travel along with rising fuel costs has also played a role in increasing fares. Jagan Narayan Padmanabhan, senior director and global head (transport and logistics) at CRISIL Market Intelligence and Analytics, said fares are expected to increase by five-seven percent as the peak season approaches. Most of the travels will be for personal reasons and with family, so it is expected to have a substantial impact. In such a situation, people can choose the option of rail travel for short distances.

How much rent will have to be paid (1 May 2024)

Delhi to Patna – 6,212
Delhi to Ranchi- 5143
Bengaluru to Patna- 7395
Bengaluru to Ranchi- 6996
Mumbai to Patna – 10,104
Mumbai to Ranchi – 7,417