The airfares are already 15 per cent higher than last season and due to this shortage it will go higher, said Sharat Dhall, COO of Yatra.com.
With the launch of Tata AirAsia and Tata-SIA, the added capacity will bring down fares considerably, say observers.
Rising tension, curfew and violence in Kashmir could spoil the travel plans of tourists at the onset of the peak travel season.
Carrying on with its low-fare offers, SpiceJet has now started giving limited-period discounted tickets to flyers from Andhra Pradesh, Tamil Nadu and West Bengal.
Discounted tickets of Jet Airways are available for sale till Thursday
Budget carrier SpiceJet on Friday triggered off a price war in the aviation industry announcing one-way discounted fares starting Rs 1,999 for travel between September and December this year, prompting IndiGo to follow with a similar offer soon after.
Rising fuel prices, intense competition and inability to pass on spiralling expenses have been negatively impacting the domestic airlines.
The airline opened bookings on Friday night for its inaugural routes -- Bengaluru-Goa and Bengaluru-Chennai.
No-frills airline SpiceJet on Wednesday launched yet another round of limited-period low fare offers to fill its seats for travel between July and September when air travel generally slumps.
The national carrier, which is already struggling with its fuel payments, spends Rs 6,000-7,000 crore annually on fuel. A 10 per cent hike in crude price would mean over Rs 50-58 crore of extra costs for the airline.
Domestic air traffic clocked slowest growth in 4 years on high fares and flight cancellations.
Airlines are now pushing up fares and hopes to improve margins over the next three months to make up for the poor September quarter, even if it leads to a slight fall in their passenger load factor.
SpiceJet announced discounted fares on domestic sector.
No-frills carrier SpiceJet has put ten lakh seats on the block with base fares starting as low as Rs 999, which are lower than a 3-AC train ticket, for a one-way journey under a limited period offer.
For Air India and Jet Airways, airspace closure over Pakistan would mean flights to US and Europe will have to take a longer route.
Tourism to Corbett and Almora could be particularly hit as a result of the fire, which has destroyed 2,200 hectares of forest.
Airlines have hiked their fares substantially for Down Under.
To win back customers, operators are offering discounts and cash-back, and are absorbing service tax
In November alone, year-on-year growth in flight bookings for the season was almost 40 per cent, said Ranjeet Oak, senior vice-president (flights), MakeMyTrip, a leading Indian online travel agency.
Online travel companies such as Yatra.com are offering a flat 33 per cent off on hotel bookings for a limited period.
Yatra sees 15-20% cancellations in confirmed bookings to France.
Indian tourists are increasingly settling for other destinations such as Southeast Asian countries, Australia, and New Zealand.
There were fewer promotion sales in January-February this year.
High airfares and currency depreciation have not dampened the spirit of travellers in the country as they remain keen on travelling during winter break albeit with curtailed budget, according to a survey findings.
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Companies are reaching out to travellers who'd booked packages for Gopalpur and Puri for a stay later this month and November, to update them on the situation.
Private airlines Jet Airways and IndiGo joined the race for low-fares, offering their customers hefty discounts, after Air India rolled out a similar offer to challenge Vistara, the latest full-service entrant in the domestic market.
Online travel portals have seen a surge in bookings aided by several rounds of discount offers and a strong demand over the festival weekend.
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In 2014, foreign tourist arrivals grew by 10.2 per cent over 2013.
Domestic air traffic rose 20.81 per cent in June on the back of low fares and peak season demand.
Volumes are up over 20 per cent y-o-y in January-April.
This is the first time domestic players have announced steep cuts.
With the rupee slipping to nearly Rs 70 per dollar on Tuesday, most parents with children in the US will feel the pinch
Deals from online travel portals, in partnership with credit cards, are good.
Anticipating a weak demand in the traditionally lean January-March period, most domestic airlines on Tuesday reduced fares massively after no-frills carrier SpiceJet announced a steep 50 per cent discount on base fares and fuel surcharges across sectors.
The travel period for which the discount is being offered ends on April 30 next year.
Realtors split on possibility of price fall, gold may replace cash in secondary deals.
Travel companies have been seeing cancellations and enquiries on safety issues are piling up.
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