NEW DELHI:Airfares on domestic routes, especially those connecting non-metro cities, remain high with suspension of Jet Airways flights. The average ticket prices have gone up in the range of 10-15 per cent across various sectors even as airlines like SpiceJet and IndiGo have mounted additional capacity. "The average fare level is higher... in the range of 10-15 per cent," an Air India executive said. Faced with severe liquidity crisis, Jet Airways this week suspended its entire operations causing massive reduction of capacity. Low-cost carrier SpiceJet is expected to take 30 of the Jet Airways' grounded aircraft on lease and deploy them on domestic sectors in coming weeks.

Source: Mint April 21, 2019 14:03 UTC