Tag Archives: High Airfares

Olivier Ponti, Director of Intelligence & Marketing, Forwardkeys, shared that high airfare posed a significant obstacle recently due to strong demand and limited supply. As capacity returns, airfare is beginning to see a dip, although remaining 4% higher than 2019 levels by the end of April 2024. Despite some fluctuations, the global trend indicates a positive shift.

Jyoti Mayal, President, TAAI, highlighted, “The increase in the number of flights and routes will automatically reduce the airfares. It is always a demand-supply story. If the demand for flights is too much and the supply is less then fares will be at peak, but if it balances out, fares will come down on their own. Probably, the domestic market will keep on moving in the current scenario, but high fares can affect our inbound numbers. An international traveller in India compares it with other countries, which are cheaper than India at times. This is going to impact the international arrivals to India.”

Jatinder S Taneja, Honorary Treasurer, PATA India Chapter, said, “As of now, increasing expenses of hotels, flights are sparking concerns as India is becoming expensive destination of visitors. While, we rejoice in the tourism surge, this issue needs to be addressed as soon as possible”.

In an exclusive interview with Kapil Goswamy, Managing Director, Trans India Holidays Pvt, shares, “There is a lot of potential in India’s inbound tourism, but it has not reached to pre pandemic levels due to lack of visibility in international market and high airfares.”