Here's an overview of the spot airfares and flight prices from May 23 to June 5
Growth in the number of travellers is also expected to even out to 8-12 percent, due to the steep flight tickets.
In the wake of crisis-hit Jet Airways suspending operations, the ministry decided to allocate the vacant slots at the airports in the national capital and Mumbai to other carriers. The move is part of larger efforts to increase capacity amid recent surge in airfares.
Why Jet Airways falling off the radar is no surprise
Here's an overview of the spot airfares and flight prices trends between April 1 and 14.
In a gold rush, it is prudent to bet on the company selling the shovels.
Sakshi Batra does a 3 point analysis of the latest developments and what lies ahead for cash-strapped carrier.
Etihad opting to exit Jet Airways is the worst development in the ongoing saga where the climax is unlikely to be a happy one.
Even as IndiGo claimed that the natural phenomenon had a ripple effect on overall operations, there could be chances that the airline is facing a shortage of pilots.
de Juniac during a media interaction on the sidelines of the just-concluded Global Aviation Summit, also said the airlines in Asia, particularly in India have balance sheet with heavy debt, which is a "problem".
It is becoming increasingly clear that only large and established airlines can take advantage of the scheme
The grouping of around 290 airlines worldwide also said that the passenger numbers are expected to rise to 4.59 billion next year from 4.34 billion in 2018.
The Gurgaon-based no-frills carrier, which enjoys over 40 per cent of the total domestic traffic, had inducted the 100th aircraft on December 24, 2015.
As airlines scrape the bottom of the barrel to extract every rupee from passengers, flyers expect too much for too little
Construction will run through 2030 when the expanded airport is expected to handle 63 million passengers and 750,000 tonnes of cargo a year.
Stocks of major Indian carriers took a hit in the second quarter, due to varied reasons, impacting over growth in the sector.
The latest directive follows advisories issued by US watchdog Federal Aviation Administration (FAA) and Boeing regarding the B 737 MAX planes after the crash of a Lion Air aircraft in Indonesia last month.
Pitching for a 12 percent hike in airfares to offset the increased costs, the report also forecast debt liability of three listed airlines to go up by 10 percent by FY19.
The carriers have also been grappling with high fuel prices and a free fall of the rupee against the dollar.
The likes of Jet Airways, IndiGo, GoAir and AirAsia have over the past week offered airfares at discounts, both on domestic and international routes
The last time when Jet was in financial trouble, Goyal sold a 24 percent stake in the airline. This time he may be selling a stake in Jet Privilege which accounts for half the value of Jet Airways
While airlines are recording strong passenger growth they are not able to capitalize on it
Vistara's Airbus A320 Neo plane landed at Delhi's Indira Gandhi International Airport at 0336 hours today
The GTF engine programme is continuing to attract new orders and is ramping up production deliveries, all while supporting a growing in-service fleet.
The 74th annual general meeting of the International Air Transport Association (IATA) unanimously passed a resolution calling on governments to prioritise the long-term economic and social benefits delivered by effective airports ahead of the short-term financial gains provided by a poorly thought-out privatisation.