Know why the prices of plane tickets are increasing, how the price is decided

There is a tremendous increase in airfares during the festive season. Flight ticket prices during Diwali in October were two to three times higher than on normal days, tickets to tourist destinations were four to five times higher. However, airfares are still high on almost every route. At such times, customers have to pay higher […]
 


Know why the prices of plane tickets are increasing, how the price is decided

There is a tremendous increase in airfares during the festive season. Flight ticket prices during Diwali in October were two to three times higher than on normal days, tickets to tourist destinations were four to five times higher. However, airfares are still high on almost every route. At such times, customers have to pay higher fares for flight tickets for immediate travel.

The issue of price was also raised on social media

In the past, many people took to social media to raise the issue of price hike in flights. In this regard, many experts explained the reason and also gave important tips on how to get cheap air tickets to the customers.

  • Flight ticket prices are two to three times higher than normal during Diwali in October
  • Limitation of increase in air fares, privatization of airports are the main reasons for rising cost.
  • Distance of air travel, destination of travel, airport taxes/fees etc. are also the main reasons for expensive tickets.

How do airlines set ticket prices?

Experts say capping of air fares by DGCA (Directorate General of Civil Aviation), privatization of airports and competitive prices of air tickets are some of the reasons why air ticket fares sometimes see a manifold increase.

Darshan Sharma, Founder, Travmode Travels said, “The removal of cap on fares by DGCA has had a big impact on ticket prices and now the situation is improving for airlines after the corona pandemic. Also, the privatization of airports has had the biggest impact and now airlines companies are increasing every fee for using their airports.

Cadla Pharma’s aviation arm CAD Ventures Pvt. Chief Operating Officer of Arun Lohia said that airline fares are no longer decided by the commercial team.

Earlier Air India airline ticket pricing was done by commercial team and later it was used as GSA (General Sales Agent). There are several major factors that determine ticket prices. This includes air travel distance, destination of travel, airport taxes/charges etc.

How to get cheap tickets?

According to Darshan Sharma, travel agents usually block important routes. At such times a reliable travel agent can help. One can also compare fares among many online travel agencies and get more benefits using cards/discounts.

Customers can avail more benefits by booking in advance

Diwali, Christmas, New Year are blackout days in the travel industry. Flight tickets are very expensive on such days. So it would be better to avoid traveling on such days or book tickets well in advance.

Best time to book flight tickets is 3-6 months in advance

Many airlines offer huge discounts on flight tickets for certain periods. In such a time these offers can be taken advantage of. Experts say that the best time to book flight tickets for planning in advance is 3-6 months in advance.

Know why the prices of plane tickets are increasing, how the price is decided