Since March, the number of seats available on domestic routes has plummeted compared to what used to be on offer during the corresponding period last year. But with demands not slumping, airfares have gone up.
In March, India had about 24,000 fewer domestic seats than the same month last year. An April-on-April comparison between this year and last showed a decrease of 42,000 seats. Since its financial trouble started, Kingfisher Airlines has scaled down its flight operations considerably, but other airlines have not compensated with enough flights and as a result, the number of flights and consequently the seats on offer has been on a steady decline.
On Saturday, the lowest one-way fare on the Mumbai-Delhi route for next week flights was Rs 7,700. For travel a week after that on the same route, the lowest fare was Rs 7,000 and for travel 14 days from now, the fares began at Rs 4,700 as reported in TOI. Similarly, the cheapest fare on the Mumbai-Kolkata route was Rs 5,000 for a flight on August 6, and this Monday, the lowest fare has soared to Rs 8,200.
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