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Last-minute flights cost more despite discounts

Passengers who book at the last minute with airlines offering discounts need to pay more this year compared to last. Local airlines in India announced over 20 discount offers since January. It started with SpiceJet and others soon followed. These discounts have caused an increase in the number of people taking flights; in September, the number of travelers went up 28 percent compared to last September. Last-minute fares being offered by the airlines are 10 percent higher. This helps airlines recoup the costs lost in discount tickets. There will be narrower losses reported for the quarter ending in September compared to the same quarter last year.
The above article is a summary. Please see the source article at Google News.

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