Vistara Woes Lead to 20-25% Surge in Airfares

Airfares in India have witnessed a sharp increase of 20-25% due to a combination of factors including the challenges faced by Vistara and a surge in travel demand. The rise in airfares comes at a time when Vistara, one of the prominent airlines in the country, is grappling with operational issues, leading to disruptions in its flight schedule. Vistara's woes, stemming from various operational challenges, have prompted passengers to seek alternative options for air travel, putting additional pressure on other airlines. This increased demand, coupled with limited seat availability, has resulted in a significant uptick in airfares across various routes. Industry experts attribute the surge in airfares to the ongoing operational issues faced by Vistara, which have forced the airline to cancel or reschedule a significant number of flights. Passengers who had booked tickets with Vistara are now turning to other airlines, leading to a sudden surge in demand for seats. Additionally, the upcoming holiday season and easing COVID-19 restrictions have further fueled the demand for air travel, contributing to the rise in airfares. With more people looking to travel for leisure or business purposes, airlines are experiencing higher booking volumes, leading to a scarcity of available seats and consequently driving up ticket prices. While the surge in airfares may pose challenges for passengers, airlines are expected to benefit from the increased revenue generated during this period of heightened demand. However, concerns remain regarding the impact of rising airfares on travellers, especially during a time when many are already facing financial constraints due to the pandemic.