20% Hike in Domestic Airfares for India's Summer Season
This summer travel season in India is seeing a significant rise in domestic airfares, with a 20% jump compared to last year. This price increase comes despite travel demand remaining stagnant, according to travel portal Cleartrip. Public frustration is mounting on social media, with many questioning the reason behind the surge. Industry insiders point to limited airline capacity as a factor. The Directorate General of Civil Aviation (DGCA) only approved a 6% increase in domestic departures for the summer schedule, potentially leading to a supply-demand imbalance. This situation is forcing airlines to raise prices to manage passenger volume during peak travel times.
This summer travel season, wanderlust meets sticker shock for many Indian vacationers. Domestic airfares have spiked by 20% compared to last year, according to travel portal Cleartrip, despite demand remaining flat. This price hike has left many travelers fuming.
The Travel Agents Association of India (TAAI) is reporting a surprising trend – a rise in business-class bookings. While the reasons are unclear, some speculate it could be due to a combination of pent-up travel demand and a perception of better value compared to the significant economy class increase.
However, for the majority of budget-conscious travelers, the 20% jump in economy fares is a major hurdle. Social media is abuzz with complaints, with frustrated flyers questioning the justification for the price surge, especially considering stagnant demand.
The Directorate General of Civil Aviation (DGCA) approved a 6% increase in domestic departures for the summer schedule compared to last year. This slight rise may not be enough to meet peak season demand, leading airlines to raise prices to manage passenger volume.
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