Flight fare increased up to six times: After the GoFirst crisis, there has been a tremendous increase in passenger fares on some routes. Based on the data of different aggregators, the fare from Delhi to Mumbai had reached 37 percent more than the normal fare in the last days.
Go First Insolvency: While going through the crisis of Go First flight, the difficulty of air travelers has increased. All budget flights have been suspended by Go First till May 12. After this, passengers are upset due to the rapid increase in air fares on the airline’s route. Sources associated with the industry say that this increase in air fares will continue for a long time. Let us tell you that GoFirst Airline has filed a bankruptcy petition in NCLT.
Flight fare increased by four to six times
Let us tell you that Indigo and Tata Group’s Air India, Air Asia and Vistara are behind in terms of GoFirst airline share. After the GoFirst crisis, there has been a tremendous increase in passenger fares on some routes. Based on the data of different aggregators, the fare from Delhi to Mumbai had reached 37 percent more than the normal fare in the last days. Not only this, the fare on some routes has reached four to six times.
Monopoly will be formed in the aviation industry
Talking about the figures of May 5, the average Delhi-Leh airfare is Rs 4,772. In comparison, the fare increased to Rs 26,819 on that day. Similarly, the average passenger fare for Chandigarh-Srinagar increased from Rs 4,047 to Rs 24,418. Apart from this, the air fare on the Srinagar-Chandigarh route also increased to Rs 26,148. Experts say that out of the Go First insolvency case, a monopoly will be created in the Indian aviation industry. This is not good for the passengers in the coming times.
Let us tell you that the private airline company Go First Flight is going through huge losses. Due to running expenses and lack of funds, an application has been made in NCLT to declare the company bankrupt. Along with this, information was issued by the airline to cancel its flight before May 5 and later by May 12, 2023.
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