Holidays in Dubai are just getting started and as schools close, expat families are busy packing for their vacation starting this weekend. But in a bid to return home, Indian expats are a bit worried as airlines have increased their fares. There has been a 50% increase in air ticket prices. Perhaps, they have to bear the brunt for such bloated prices as as this is the only time their children get long holidays.
Why are Airfares More than Double in Summer?
With less flights and high demand, ticket fares have skyrocketed up to 50 per cent. According to industry experts, the situation is mainly driven by the Jet Airways shutdown as the airline hit bankruptcy. Experts cite the closure of Jet Airways as the main reason for the increase in ticket prices. Jet Airways’ eleven flights were operated daily from Abu Dhabi and four from Dubai. Also due to safety concerns, the Fly Dubai 14 Boeing 737 was terminated.
Emirates Summer Airfare Hike
While these airlines stopped their operations, other airlines had to absorb the regional demand. Emirates, cashing up on the increasing demand has increased its airfare too. Its business class ticket per person is priced at Dh6,500 which used to be as low as Dh3,500 per person. Emirates, the leading Gulf carrier operates 172 flights to India every week. It serves nine destinations in India namely: Ahmedabad, Bengaluru, Chennai, Delhi, Hyderabad, Kochi, Thiruvananthapuram, Kolkata and Mumbai. Yet, the air-ticket prices remain high due to the demand.
Affected by the airfares more than double in summer, travelers had to reschedule their vacation plans. However, even if they might had checked in January to book for July, fares were still very high. No wonder airlines fly empty seats off-season and as July is the time for them to cash in on the demand, they make up for all the losses. Still, if the travellers’ schedules are flexible, they can still find fares within an acceptable range.