New Delhi: Cheaper jet fuel made air travel more affordable in July, data from travel websites showed, aided by new flights, last-minute sales and the opening up of the Pakistani airspace.
Average one-way fares during July on domestic trunk routes were up to 40% lower from a year ago, data from online travel portal Ixigo showed, with Mumbai-Hyderabad fares down 39%, Mumbai-Chennai 62% and Mumbai-Bengaluru 33%.
Aloke Bajpai, Ixigo founder and chief executive officer, said average July fares for domestic and international flights were also 40-45% below the fares seen in the June quarter. “Normalization of fares can be attributed to domestic and international airlines launching new routes, which has helped in bridging the recent capacity gap,” said Bajpai, adding that last-minute ticket sales also pulled down fares.
