logo
#

Latest news with #JatinderPaulSingh

Airspace Restrictions in West Asia: As Routes Shift, Flight Fares Goon Steep Ascent
Airspace Restrictions in West Asia: As Routes Shift, Flight Fares Goon Steep Ascent

Time of India

time9 hours ago

  • Business
  • Time of India

Airspace Restrictions in West Asia: As Routes Shift, Flight Fares Goon Steep Ascent

Air fares from India to several international destinations have risen sharply in the past month, travel companies said, potentially intensifying worries for travellers especially families looking to head out for the summer holidays. Airline operating costs are getting impacted by airspace closures due to the Israel-Iran conflict, forcing longer flight detours, and fuel price volatility, the companies said, adding lower seat capacity on certain routes is also weighing on the ticket prices. Fares could rise further if route diversions and impact on flight frequencies continue, the companies said. Europe is likely to see the sharpest fare hikes, especially for routes to France, Germany and UK, said Jatinder Paul Singh, global CEO of Viacation, a travel solutions provider. 'From India, airfares to Europe have gone up by 20–35% between March and July based on forward bookings data.' Singh also noted short-term fare hikes on flights to some destinations in the Middle East. 'In North Asia, Japan and South Korea have also become significantly more expensive to reach,' he said. A one way, non-stop Air France ticket for Delhi to Paris for July 1 costs about Rs 64,000 on a popular travel portal. A one way, non-stop Air India ticket for Mumbai to Japan for the same date costs ₹101, 698 per adult on the same website. Ongoing geopolitical tensions in West Asia have resulted in temporary airspace restrictions, leading to longer flight durations on certain routes by two to four hours, increasing operational costs of airlines, and prompting 15-20% fare hikes on certain routes, said Bharatt Malik, senior VP, flights and hotel business at Yatra Online, an online travel company. Last week, Air India diverted or recalled around 16 flights on transatlantic and European routes as Iran closed its airspace after Israel launched an attack targeting its nuclear and military sites. The Iranian airspace currently remains shut to most international flights. A June 15 advisory by IndiGo, India's largest airline, said due to the airspace curbs, flight routes to and from the Gulf region were experiencing congestion which may cause delays on certain sectors. 'As we continue to operate via alternate paths, extended travel times may be expected,' the airline in a post on X. In an update on Thursday, Air India announced a temporary reduction in services operated by Boeing 787 and 777 aircraft from June 21 till at least July 15. The suspended routes include Delhi-Nairobi, Amritsar-London, Goa-London, while routes with reduced frequency include Delhi-Washington, Delhi-San Francisco, Delhi-Toronto, and Delhi-Tokyo. For some carriers, airfares for Dubai and Abu Dhabi are 10-15% higher from a month ago, while those to Japan and South Korea are 5-10% higher, said Abraham Alapatt, president and group head for marketing, service quality, value added services and innovation at travel company Thomas Cook (India).

As routes shift, flight fares go on steep ascent
As routes shift, flight fares go on steep ascent

Time of India

time9 hours ago

  • Business
  • Time of India

As routes shift, flight fares go on steep ascent

New Delhi: Airfares from India to several international destinations have risen sharply in the past month, travel companies said, potentially intensifying worries for travellers especially families looking to head out for the summer holidays. Airline operating costs are getting impacted by airspace closures due to the Israel-Iran conflict, forcing longer flight detours, and fuel price volatility, the companies said, adding lower seat capacity on certain routes is also weighing on ticket prices. Fares could rise further if the route diversions and impact on flight frequencies continue, they said. Europe is likely to see the sharpest fare hikes, especially for routes to France, Germany and the UK, said Jatinder Paul Singh, global CEO of Viacation, a travel solutions provider . "From India, airfares to Europe have gone up by 20-35% between March and July based on forward bookings data." by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like What Is a Family Trust, and How Do You Set One Up? SmartAsset Learn More Undo

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store