News > Airfares likely to taper off from July due to capacity addition, slight fall in demand

Airfares likely to taper off from July due to capacity addition, slight fall in demand

New aviation minister Ram Mohan Naidu's first comment after taking charge of the Ministry of Civil Aviation was to "make air travel more accessible by tackling the issue of rising fares". Airfares on major domestic routes in India are likely to see some easing off in the next few months, as airlines take delivery of nearly 10 aircraft every month to bolster their fleets and travel demand is expected to fall on seasonal factors, industry experts and participants told.