Hike In AirfaresNews | April 23, 2012 at 11:58 pm
Flying will now burn a big hole in your pocket as low cost flying has virtually come to an end. Deccan airways was the pioneer in India for low cost flying which made a commons man dream come true to fly which was earlier very costly, but sadly after the sale of Deccan airways the concept of low cost flying has ceased to exit.
Domestic airfares have gone up by 25 to 40% in last one month, due to several factors like kingfisher cutting down the flights drastically due to financial instability, non – payment to fuel suppliers, defaulting in bank loans, non payments of salary to staff, crew and pilots and passengers booked on this airlines are a hassled lot due to frequent cancellation of flights, which has resulted in low capacity and high demand of seats for other airlines whereby the other operators are cashing in on the situation and charging high fares.
The other factor for hike in fares is the removal of upper limit tax of Rs.150 to be charged on domestic tickets.
The end result of buying air tickets for flying till June (when the peak travel season ends) will remain a costly affair with fares getting steeper for travelers who planning to fly closer to date of travel.
Travel pundits say the budget travelers are left with no option but to stay in cheaper hotels to keep their holiday budget in control or travel by train which works out quite economical.
The directorate of civil aviation is keeping a watch on the fares being charged by all domestic airlines but cannot initiate any action as long as the fares.