Delhi-Mumbai airfare goes sky-high with one way flight at Rs 14k; know why
PTCNews Desk: A 24-hour advance plane ticket from Delhi to Mumbai is currently priced over 14,000, making it one of the most expensive domestic airfares in the world.
The Delhi-Mumbai route is one of India's busiest domestic routes. The increase in airfare has caused travellers to be concerned.
According to a study, domestic airfares in various nations, including India, Indonesia, Saudi Arabia, South Korea, and Japan, have continued to rise in the first quarter of 2023.
What does the study say? In Points
According to the Airports Council International Asia-Pacific study, India experienced the greatest increase in airfares (41%), followed by the UAE (34%), Singapore (30%), and Australia (23%).
Fuel prices and inflation account for a considerable share of the increase in airfare.
These excessive airfares threaten the industry's long-term recovery and may have a far-reaching impact on the linked industry by decreasing demand for air travel and raising the financial burden on the already stressed sector: Study
Scindia urged airlines to maintain reasonable price levels
Last week, Aviation Minister Jyotiraditya Scindia presided over a high-level meeting convened by the airline advisory group, at which he asked airlines to self-regulate airfares and keep prices reasonable.
He stated that airlines have the ability to set airfares and that different criteria, such as market dynamics and season, are considered when determining fares.
Scindia, on the other hand, emphasised that private airlines had a social responsibility as well, and that increasing fares across sectors should be limited.
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- PTC NEWS
