Business / Flight ticket prices skyrocket as airlines reduce capacity

Airfares are expected to remain high till at least March-end, when the Mumbai airport will be fully operational. Grounding of several Jet Airways aircraft and Mumbai airport's runway closure reasons for severe capacity reduction. Those booking last-minute flight tickets, airfares have soared even higher. Airfares on trunk routes, connecting major metro cities, have risen 30-50% year-on-year due to the grounding.