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Air travel boom fails to lift ticket prices

by Robert Van Pash (Editor)
December 8, 2024
in Indigo Airlines
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Despite a surge in passenger traffic, Indian carriers have struggled to raise fares, data shared by International Air Transport Association (IATA) shows.

The data shows that domestic airfares have consistently stayed close to or below their 2015 levels and have not been able to keep up with jet fuel price and inflation. This, despite a surge in number of flyers which has increased by over 62% since 2015.

While prices jumped sharply in 2023, when travel picked up in 2022 after two years of…

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