#SomeGoodNews: Airfares Likely To Fall By Over 40% As International Flights Resume

After two years, India is set to lift its ban on regular international flights, which means that as flights increase, airfares will fall.

By: Anushka Goel Published: Mar 11, 2022 08:49 AM IST

#SomeGoodNews: Airfares Likely To Fall By Over 40% As International Flights Resume — Photo Courtesy: Shutterstock

After two years, India is set to lift its ban on regular international flights, resuming its functioning from March 27. This means that the number of flights plying on various routes is about to rise, leading to a fall in airfares. By Anushka Goel

With regular international flights set to resume starting March 27, travellers will no longer be restricted to travelling to destinations that share an air bubble with India. This has lead to the expectation that airfares may fall by as much as 40 per cent, reports Times Now News, since the flights will no longer be operational just for air bubble arrangements, and companies will add more flights to destinations.

Airfares expected to fall as international flights resume

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According to Economic Times, Swiss International Air Lines (SWISS), which is a part of the Lufthansa Group, is set to double its flights in the next few months. Singapore Airlines, on the other hand, may increase their flights by 17 per cent, and IndiGo Airlines aims to resume nearly 100 global flights in the next few months.

According to Mint, the government’s decision to resume international flights after two years has come as a moment of respite and increased revenue opportunities, quoting a senior official at a Gurugram-based airline. The official said that people will now have more chances to travel, and the pent-up demand will help bring in additional revenue to airline carriers. Talking about the potential fall in airfares, the official added, “fares on popular international routes will be lower than ones under air bubble flights, but considering the high crude oil prices, it will be higher than pre-pandemic levels.”

During the pandemic, with only a limited number of flights being operational, the airfares had reached a hike of almost 100 per cent than the pre-pandemic levels. This was because only a limited number of flights were plying as per the air bubble arrangements, while the demand was still high.