If you are planning to travel by air for vacations this summer, there is some great news. Air travel fares are down by 4% to 9% for domestic flights.
Travel websites such as Yatra, Cleartrip and Ixigo show that even with demand increasing by 20%, fares will be lower than last year.
Here are the facts and figures which show how this has been possible –
- Figures from Yatra.com show that there is a 5% drop in airfares as compared to the same period last year, except in the Delhi-Mumbai sector, where there is a 12% rise in airfares due to runway shut down.
- Ixigo data shows that from April to June, there has been a drop of 9 % in domestic airfares compared to last year. There has been a drop of 19% in International airfares as well.
To take an advantage of the rise in demand, Airlines such as SpiceJet, GoAir and AirAsia are offering discounts, providing flight tickets under Rs 1,600 and giving offers to attract potential flyers. The most popular destinations seem to be Guwahati, Nagpur, Chennai, Imphal, Pune and Bhubaneshwar.
Apart from this being the peak travel season, the dip in airfares can be due to the following reasons-
- Intense competition among airlines,
- Increased capacity on airplanes
- The ongoing discounts offered by airlines and online travel websites.
- Oil prices remaining stable, which will keep the input costs lower for airlines.
Goomo, a renowned travel operator, is offering 20% discount on early-bird tickets and you can look forward to better discounts if you plan to travel mid-May.
With two long weekends coupled with summer vacations, airlines will look to tap into the holiday travel demand by offering such discounts. This move will definitely encourage and attract families with children and millennials to travel by air this holiday season.
So, if you are flying for your vacations this summer, Download the AirWhizz App. From real-time flight updates to information about your airline and airport, we give you all the information on the move.
Plan your summer vacations with ease and Fly Stress-Free!
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