Average airfares on several domestic routes have declined by nearly 20 to 25 per cent in this Diwali season compared to a year ago, according to a study. The reasons for the drop in airfares are the rising capacity of airlines and the latest fall in oil ...

The analysis by the travel platform ixigo indicates that domestic airfares have seen a drop ranging from 20 to 25 per cent on key routes. The prices are for one-way average fare on a 30 days APD (advanced purchase date) basis.

The upcoming Diwali season is all set to cheer air travelers in India, with domestic airfares seeing a major cut. According to travel portal Ixigo, average ticket prices on many domestic routes have dropped by 35-40% as compared to the same time last year. The analysis is based on one-way average fares bought 30 days in advance.

An analysis by travel portal ixigo showed that average airfare on the domestic routes have declined in the range of 20-25 percent. The prices are for one-way average fare on a 30 days APD (advanced purchase date) basis.

Increased passenger capacity and a 15% decrease in oil prices amid geopolitical tensions are factors contributing to drop in airline ticket prices this Diwali

Increased capacity and the recent fall in oil prices are considered to be among the factors for the fall in air ticket prices.