Due to the closure of GoFirst, the airfares of many tourist places in the country have started touching the sky. The return fare from Delhi to Leh has now reached Rs 52,000, equivalent to Paris. Due to high demand in this summer season, the fares are continuously increasing.
Airfares are already higher this summer than last season as airlines are unable to operate at full capacity. Air travel has reached the highest level since March with all airlines registering 90 per cent occupancy.
GoFirst has stopped its operations from May 3. Most of its operations were in tourist areas. Figures show that according to the schedule released in May, it was scheduled to operate 199 flights from Delhi to Srinagar, 182 flights from Delhi to Leh, and 156 flights from Mumbai to Goa. GoFirst operated 6 out of 30 flights between Delhi-Srinagar and Mumbai-Goa, 6 out of 52 flights between Delhi-Mumbai, and five out of 13 flights between Delhi-Leh. Its market share is 7 percent. Experts believe that the fare may increase further, as the regulator has no authority to regulate the fare.
The fare between Delhi-Leh between May 3-10 was Rs 13,674, which was 125 percent higher than that between April 20-28. It had increased by 86 percent to Rs 16,898 between Delhi and Srinagar.
Due to the increase in the number of passengers, the airlines are preparing to add 115 new aircraft to their fleet in the current financial year. Indigo and Air India will add maximum to this. IndiGo had recently said that it would add 45-50 new aircraft to its fleet which would operate on domestic routes.