Middle East Crisis: Airfares from Delhi and Mumbai to Major Cities Surge by up to 150%
International flights from metros like Delhi, Mumbai, and Bengaluru to international destinations like New York, London, and Chicago have risen by 50-150 per cent in the recent past owing to the closure of Middle Eastern airspaces and higher oil prices.
The surge is visible across single-day spot rates as well as seven-day averages, say analysts. According to Zee Business research, while airfares of international flights from New Delhi, Mumbai, and Bengaluru have surged by up to 150 per cent since April 1, domestic tickets have seen surges of up to 70 per cent due to airspace closures and rising benchmark oil rates.
International Flights Become Up to 150% More Expensive
Fares for flights from Delhi, Mumbai, and Bengaluru to international destinations like New York and Chicago in the US, London in the UK, and Frankfurt in Germany have risen in the range of 50-150 per cent. For instance, the spot airfare of flights from Delhi to Chicago has more than doubled to Rs 1.40 lakh-Rs 2.40 lakh from the earlier Rs 80,000-Rs 1.20 lakh.
Domestic Flight Tickets Become Up to 70% Dearer
Airfares for domestic flights have increased by up to 70 per cent during this period. This is primarily due to the closure of airspaces in the Middle East and the significant rise in benchmark oil rates, which have a direct impact on aviation turbine fuel (ATF) prices.
Key Reasons Behind Airfare Surge
Analysts attribute the rising airfares to several factors, including the closure of airspaces in the Middle East and higher benchmark rates. Benchmark oil rates, which influence ATF prices, have surged 79.5 per cent for the year so far. Aviation turbine fuel, commonly known as jet fuel, is one of the key items in airlines' operating costs.
Single-Route Airfare Comparison
Delhi-Chicago International Flight The spot airfare of flights from Delhi to Chicago has more than doubled to Rs 1.40 lakh-Rs 2.40 lakh from the earlier Rs 80,000-Rs 1.20 lakh.
Delhi-New York International Flight The fare for flights from the Indian national capital to New York has risen by 80-120 per cent to Rs 90,000-Rs 1.40 lakh.
Mumbai-New York International Flight The fare for flights from Mumbai to New York has increased by more than 90 per cent to Rs 1.40 lakh-Rs 2.50 lakh.
Bengaluru-San Francisco International Flight The fare for Bengaluru-San Francisco flights has increased by more than 60 per cent to Rs 1.60 lakh-Rs 2.80 lakh.
Delhi-London International Flight The fare for flights from Delhi to London has increased by more than 70 per cent to Rs 70,000-Rs 2.20 lakh.
Delhi-Paris International Flight The fare for flights from Delhi to Paris has increased by more than 70 per cent to Rs 70,000-Rs 2.15 lakh.
Mumbai-Frankfurt International Flight The fare for flights from Mumbai to Frankfurt has increased by more than 50 per cent to Rs 70,000-Rs 1.50 lakh.
ATF Rates Hiked with Effect from April 1
This month, state-run oil marketing companies raised ATF rates—the steepest-ever monthly rise across major metro cities—on the back of a surge in global crude oil prices amid ongoing geopolitical tensions in the Middle East and disruptions in key energy supply routes, including the Strait of Hormuz. According to the latest data, ATF prices in Delhi and Mumbai stood at Rs 2,07,341.2 per kilolitre and Rs 1,94,968.7 per kilolitre, respectively.
ATF prices in India have been deregulated since 2001 and are reviewed periodically to align them with international benchmarks and currency changes. International routes and foreign carriers will continue to pay market-aligned ATF rates. Domestic airlines benefit from a capped ATF price increase to ensure operational stability. Normally, they bear the full impact of global crude price surges. Without this cap, ATF prices would have risen over 100 per cent this month amid the extraordinary global crude rally.