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“Don’t travel by air.” That was a Supreme Court judge’s response on Monday, when a petitioner asked for an urgent cap on airfares before Diwali, Bhai Dooj and Chhath. Airlines blame jet fuel, and they have a point. Jet fuel in Delhi costs about 46% more than it did a year ago, and fuel now makes up nearly 40% of IndiGo’s costs.
But fuel alone can’t explain a ticket that costs four times the usual price.
But fuel alone can’t explain a ticket that costs four times the usual price.
Here’s the stranger part: fewer Indians are flying. Domestic passenger numbers have fallen for four months in a row. Instead of cutting fares to win flyers back, airlines have cut flights, and by more than passengers have fallen.
In today’s episode, host Snigdha Sharma breaks down the airline maths behind fewer flights and costlier tickets and what could help.
Tune in.
Daybreak is produced from the newsroom of The Ken, India’s first subscriber-only business news platform. Subscribe for more exclusive, deeply-reported, and analytical business stories.
In today’s episode, host Snigdha Sharma breaks down the airline maths behind fewer flights and costlier tickets and what could help.
Tune in.
Daybreak is produced from the newsroom of The Ken, India’s first subscriber-only business news platform. Subscribe for more exclusive, deeply-reported, and analytical business stories.
Creators and Guests
What is Daybreak?
Business news is complex and overwhelming. It doesn’t have to be. Every day of the week, from Monday to Friday, Daybreak tells one business story that’s significant, simple and powerful.
Hosted from The Ken’s newsroom by Snigdha Sharma and Rachel Varghese, Daybreak relies on years of original reporting and analysis by some of India’s most experienced and talented business journalists.