increased airfares for certain sectors only. But we are expecting all airlines to increase their fares for all sectors by the end of this week,” Mercury Travels vice-president Ashwini Kakkar said.
“Airlines — hurt by rising ATF costs and other cost related factors — are looking to cash in on the peak season starting from September 15 that will usher in more corporate travelers and foreign tourists across sectors. We also expect a dramatic increase in air travel from rural areas and towns as we have had good monsoons this year,” Kakkar said, adding, “Passengers should be ready to pay higher for airtickets till March 15, 2014, as we don’t expect the prices to come down till then.”
An Air India official confirmed the state-owned airline’s plan to increase the ticket prices on the back drop of the ATF price rise.
“We are currently discussing air fare hikes and should come out with specifics soon,” the official said.
SpiceJet didn’t respond to queries on the issue, while Go Air spokesperson was not available for comment.
Meanwhile, an IndiGo official said that the airline didn’t have any immediate plans to increase its fares.