Motilal Oswal
  • SENSEX
    NIFTY 50
Motilal Oswal
March 15, 2019 08:31 PM IST | Aviation

Spot airfares rise by over 49% after DGCA grounds all Boeing 737 MAX 8 aircraft

As per the spot rates, there has been a significant rise in routes such as  Mumbai-Hyderabad, Mumbai-Delhi and Delhi-Kolkata.
The data shows that there has been a rise by 189.60 percent, 37.06 percent and 67.45 percent in these three routes, respectively.
Apart from the spot airfares, there has been a total rise of 15-20 percent in the airfares.
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