“Fares are at least 10% higher this year compared to the same period last year. The rupee slide has hit global travel hard as it has a direct impact on hotel tariffs, shopping, sight-seeing and other expenses,” said Rajji Rai, adviser, Travel Agents Association of India.
Fares in July are down 15%-20% against the previous month, analysts said.
Tickets booked two days in advance on the Delhi-Mumbai sector are available for Rs. 5,300, Delhi-Kolkata for Rs. 5,700, Delhi-Bangalore for Rs. 6,300 and Delhi-Chennai for Rs. 6,200.
“Additional competition (in the form of AirAsia India) might result in a further drop in fares,” said Dhall.