On some routes during the Diwali week (October 30 to November 5), one-way fare has already peaked to ₹20,000 and beyond.
While Mumbai-Patna is going for ₹20,074, BengaluruVaranasi is at ₹23,662 and Bengaluru-Patna a little shy of ₹30,000.
Among the other most expensive routes are Mumbai-Lucknow at ₹19,292, Pune-Lucknow ₹19,226 and Delhi-Guwahati ₹18,573.
On average, airfares on major domestic routes for the Diwali week have risen by up to 25 per cent year-on-year due to strong demand, limited capacity growth and new ticket Note: 1) While Diwali was on November 12 in 2023, it would be celebrated on November 1 in 2024. 2) These fares are for economy class tickets purchased 90 days in advance pricing strategy.
The average one-way fare on the Mumbai-Hyderabad route during this Diwali week is ₹5,162, which is 20.9 per cent higher compared to the same period last year (November 10 to November 16, 2023), according to data from travel website Ixigo reviewed by Business Standard.
Capacity crunch is playing out big time. Last Diwali, around 266 flights operated weekly on the MumbaiSource: Ixigo Hyderabad route. This time, airlines have scheduled 3 per cent fewer services on this route, according to airline executives.
Denne historien er fra August 13, 2024-utgaven av Business Standard.
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Denne historien er fra August 13, 2024-utgaven av Business Standard.
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