Sharp surge observed in domestic flight ticket prices in India

Domestic air travel is becoming more expensive in India. According to a report by The Hindu, Consumer Price Index data indicates that there has been an increase of nearly 30% in domestic airfares in September this year compared to September last year.

Several factors are responsible for this rise in flight ticket prices. According to an analysis by Jagriti Chandra, aviation reporter for The Hindu, the primary reason is the increase in the price of aviation fuel. Additionally, the condition of the global oil market and the depreciation of the rupee have also contributed to the rise in fares.

The report further states that geopolitical tensions and restrictions in the aviation sector have affected travel routes, leading to increased costs. Along with this, capacity constraints of aircraft among airlines and the use of dynamic pricing models are resulting in continuous fluctuations and surges in ticket prices.

Aviation fuel consists of petroleum-derived products or a blend of petroleum and synthetic fuels used to operate aircraft. This fuel has more stringent requirements than fuel used on land and contains special additives. Most gas turbine-powered aircraft used kerosene-based fuels such as Jet A-1 and JP-8.