August Rush: Airfares fly as long holiday week drives demand
Business Standard|July 27, 2024
The average economy-class fare on major routes in the country around the long Rakshabandhan weekend in August has jumped by up to 46 percent amid high demand.
DEEPAK PATEL
August Rush: Airfares fly as long holiday week drives demand

The long weekend falls between August 15 and 19, with Independence Day on Thursday (August 15) and Rakshabandhan on Monday (August 19).

According to Ixigo's data, reviewed by Business Standard, the average fare for the Bengaluru-Kochi route is ₹3,446 for the August 14-20 period, and it is 46.3 per cent higher than the corresponding period last year. The average fare for the Bengaluru-Mumbai route is 3,969 for the August 14-20 period -- 37.6 per cent higher than in the corresponding period last year.

Industry sources say a significant number of planes in India continue to be grounded due to engine issues, supplychain problems, or financial difficulties.

This story is from the July 27, 2024 edition of Business Standard.

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This story is from the July 27, 2024 edition of Business Standard.

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