Following the announcement that all Boeing 737 Max 8 aircraft in the country would be grounded, IndiGo flights increased their airfares, which have already climbed north this season, with some routes witnessing a 60 percent jump.
While ticket prices in Mumbai-Delhi route have already seen a hike of up to 50 percent, rates have nearly doubled for Delhi-Chennai flights.
This will spike further, say industry players, as industry regulator DGCA on March 12 announced that all Boeing 737 Max aircraft will be grounded in India, following the Ethiopian Airlines crash on March 10.
Over 50 daily flights could get cancelled because of the fresh grounding said the industry officials.
IndiGo, which does not have the aircraft, stands to gain the most. It already has the biggest fleet in the industry, and the most extensive network too. Even as it peers ground airlines, IndiGo can deploy more of its fleet on crucial routes, especially those linking the metros.
The fares have risen due to slew factors, including airport showdowns and grounding aircraft.