Spot airfares see steep rise as government bans 737 Max 8 aircraft
Spot airfares for Wednesday and Thursday saw a steep rise on important routes across the country as the government grounded Boeing 737 Max 8 aircraft.
According to data provided by Yatra.com, the spot airfare on Wednesday was more than double on heavy traffic routes like Mumbai-Bengaluru, Bengaluru-Mumbai, Chennai-Delhi, Delhi-Kolkata and Mumbai- Chennai, when compared to the spot airfare that was there on March 13 last year.
The same was noticed for Thursday as well on routes like Mumbai-Delhi, Bengaluru-Delhi, Mumbai-Bengaluru, Bengaluru-Mumbai, Delhi-Kolkata, Mumbai-Hyderabad and Mumbai-Chennai, when compared to the same period last year.
All Boeing 737 Max 8 aircraft operated by Indian airline companies have been grounded and around 35 flights of SpiceJet would be cancelled on Thursday consequently, Civil Aviation Secretary P S Kharola said.
Meanwhile, Jet Airways Wednesday withdrew five more aircraft from service owing to non-payment of lease rentals, taking the total number of ..