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October 26, 2020
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Spike in Airfares; post-Jet Airways shutdown

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According to a study made by airline booking portal Ixigo, the fares of Mumbai-Bangalore flights have seen a rise of 19 per cent.

Airways are becoming more expensive, after the Jet Airways shut down its operations. There has been a spike in ticket fares at an average hike of anywhere between 10-20 per cent. According to a study conducted by airline booking portal Ixigo, the fares of Mumbai-Banglore flights have seen a hike of 19 per cent.

Ixigo’s CEO & co-Founder Aloke Bajpai, said; “Capacity crunch will lead to a slight escalation of 15-20 per cent in last minute fares. However, this will not have a major impact on travellers, who are booking in advance for their summer travel.”

The Mumbai-Delhi sector has seen an average hike of 11 per cent in airline fares while the lowest being Mumbai-Jaipur sector at 6 per cent hike in fares. The travel portals showed Mumbai-Delhi return flight for April 22 at Rs 17,500 for a non-stop flight; on Saturday.

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Spike in Airfares; post-Jet Airways shutdown
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Spike in Airfares; post-Jet Airways shutdown
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According to a study made by airline booking portal Ixigo, the fares of Mumbai-Bangalore flights have seen a rise of 19 per cent.
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