Get Ready to Pay More Airfares on Domestics Routes from October
All those who have plans to fly domestically in the country should be prepared to pay more for your journeys, as the airfares are all set to increase in October.
Some airlines & travel industry sources have recently confirmed that Indian airlines have plans to increase its airfares in October on the domestic routes primarily.
“The festive season kicks off in October, many people travel during the next three months. The demand is looking good, so load factors are likely to go up in October”, said a senior airline executive.
Reports are also suggesting that this increase could go up from 8% to 10% on metro routes. Moreover, cost of exclusive routes, which are covered by only few airlines, may see a steeper hike of 12%-15%.
Almost all airlines have plans to hike the airfares including major airlines such as Jet Airways, Kingfisher & Air India and even low cost carriers like SpiceJet, IndiGo & and GoAir.
Airlines are also expecting that the load factors could touch 85-90% levels in the next three months.
Festive season will be starting from October with Dussehra followed by Diwali and Bakhrid in October & Christmas and winter vacations in December.