With this hike of 12.5%, the minimum one-way fare on the Delhi-Mumbai route will increase from INR 4,700 to INR 5,287 and the maximum from INR 13,000 to INR 14,625.
Airfare Increase Fourth Time This Year
This is the fourth time this year that the Ministry of Civil Aviation has increased the lower and upper bands of domestic airfares.
This includes the latest among rising prices of jet fuel, which accounts for nearly 40% of airlines' operating costs.
Previously, Aviation ministry hikes fares by 15% in June
On June 21, the Aviation Ministry had increased the fares of domestic flights by 15 percent. During the second wave of Corona, the number of operational domestic flights was reduced from 80 percent before Covid-19 to 50 percent.
Due to the coronavirus pandemic, the Ministry of Civil Aviation continuously controlled airfares and passenger capacity. The impact of which has been seen on the earnings of airlines companies.
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