India has recorded the second-highest increase in domestic airfares in the Asia-Pacific (APAC) and West Asian regions, climbing by 43% in the first half of 2024 compared to pre-pandemic levels in 2019, second only to Vietnam (63%), according to a study conducted by Airports Council International (ACI). India ranks third in fare increases during the same period in international skies, behind the United Arab Emirates (UAE) and Malaysia.
Read More »Domestic airfares on key routes surge up to 40%; India fastest-growing civil aviation market: CAPA India
Domestic airfares in India have surged up to 40% in key routes due to higher traffic and capacity constraints in the last six quarters. The fares on top 20 domestic routes had not moved significantly during the last two decades, says CAPA India. India is now one of the world’s fastest-growing civil aviation markets, with an average of 4.5 lakh passengers daily, it stated.
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