LCCs air-fares rise to the level of full-service carriers

There is a huge inventory gap especially on the trunk routes, and prices of air tickets are going up consistently

Travel News
Travel News

For domestic passengers making last-minute travel plans, Monday was a picture of uncertainty with Kingfisher Airlines cancelling several of its flights and others jacking up their prices. A company statement said the cancellations were because of its “limited distribution ability caused by IATA suspension and also employee agitation on account of delayed salaries”.

While Mumbai was the most affected with more than 10 KFA flights being cancelled on Monday, Bangalore and Chennai saw five and two cancellations respectively. In the Mumbai-Delhi sector, which has seven daily services, only three direct flights operated on Monday.

The mismatched demand-supply ratio also resulted in the air fare pricing between low-cost carriers (LCC) and full-service carriers (FSC) “narrowing down” as per a report in HBL. Besides, tickets on some LCCs are not available on some important routes,” said Mr Sanjay Kumar Gupta, Secretary – TAFI Karnataka.

“There is a huge inventory gap especially on the trunk routes, and prices of air tickets are going up consistently,” said a Travel Agent. Most agents peg capacity reduction due to IATA's suspension of Kingfisher Airlines in the past week at 30 per cent.

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