The falling rupee has ensured that fares are not as low as they usually are in the July-September off-season — traditionally considered a lean season for airlines when fares are generally the lowest.
“The fares would have been even lower but for the weakening rupee,” said Sharat Dhall, president of Yatra.com.
“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.