Vistara issues spike airfares by 20-25%

10 Apr 2024 CW Team

Travellers will have to pay more for domestic flights this summer season, as airfares are expected to surge by 20-25 percent. This surge comes amidst Vistara flight cancellations and strong demand for air travel. The airline industry is facing challenges in increasing capacity to meet demand, even resorting to using larger aircraft on domestic routes as the peak summer travel period approaches.

Vistara has been forced to cut 25-30 flights daily, reducing its total capacity by 10 percent due to pilot shortages. This setback occurs at a time when the country's airline industry is already dealing with a reduced number of aircraft following the bankruptcy of Go First and the grounding of over 70 planes by IndiGo due to engine issues.

An analysis conducted by travel portal ixigo revealed that spot fares on certain routes surged by up to 39 percent during the period from April 1 to April 7 compared to the period from March 1 to March 7. For instance, one-way spot fares for Delhi-Bengaluru flights increased by 39 percent, while they rose by 30 percent for Delhi-Srinagar flights.

According to the analysis, there was a 12 percent increase in fares for Delhi-Mumbai services and an 8 percent increase for Mumbai-Delhi services during the same period.

Bharatt Malik, Senior VP - Air and Hotel Business at travel portal Yatra Online, stated that the expected average airfare surge in the current summer schedule, covering both domestic and international routes, is projected to be between 20-25 percent.

Malik mentioned, Vistara's decision to reduce flights by 10 percent has impacted ticket prices on major domestic routes. We have observed a significant surge in fares, with prices rising by approximately 20-25 percent across key routes such as Delhi-Goa, Delhi-Kochi, Delhi-Jammu, and Delhi-Srinagar.

Infrastructure Urban

06 Apr 2026

InsideFPV Delivers ₹10 Crore Kamikaze Drone Order Under MoD’s EPR Route

InsideFPV, a Surat-based drone technology manufacturer, has successfully executed a ₹10 crore defence contract to supply indigenous kamikaze drones under the Ministry of Defence’s Emergency Procurement Route (EPR). The company completed the delivery of hundreds of FPV kamikaze drone platforms within a rapid two-month timeframe, highlighting its ability to meet urgent military procurement timelines.The supply orders were fulfilled under the emergency procurement mechanism, which is aimed at fast-tracking acquisitions for immediate operational needs. InsideFPV’s quick execution reflects it..

Vedanta Resources Secures Fitch Upgrade to ‘BB-’, Best Rating Since 2015

Vedanta Resources Limited (VRL), a global player in metals, oil & gas, critical minerals, power and technology, has received a credit rating upgrade from Fitch Ratings, marking its strongest bond rating in over a decade.Fitch has raised Vedanta Resources’ Long-Term Foreign-Currency Issuer Default Rating (IDR) to ‘BB-’ from ‘B+’, while maintaining a Stable Outlook. The agency also upgraded VRL’s senior unsecured rating, along with the ratings of US dollar-denominated bonds issued by Vedanta Resources Finance II Plc and guaranteed by VRL, to ‘BB-’.The upgrade represents Vedan..

NAREDCO NextGen NCR Chapter Launched

The NAREDCO NextGen NCR Chapter was recently launched at Excelerate 2026 in Mumbai, marking a key step towards integrating emerging real estate leaders from the National Capital Region with the national platform. The initiative aims to promote sustainable and responsible urban development through collaboration and knowledge exchange.The event brought together young developers, entrepreneurs, and professionals from across NCR, including Noida, Gurugram, Ghaziabad, Faridabad, Bhiwadi, and Meerut. Discussions focused on urban development, finance, sustainability, innovation, and policy, emphasisi..