Domestic airlines have reported a 7-10 per cent drop in overall sales after the government’s demonetisation move, according to a few news reports. Many travellers planning to travel during the peak winter season have apparently decided to postpone their travel plans.
The blow has fallen on domestic bookings, as international travel plans are normally chalked out in advance. SpiceJet Spokesman Ajay Jasra has been quoted as saying, “Overall airline industry sales are down by up to 10 per cent.
Small agents used to have customers paying in cash and that channel is impacted. Airport counter sales are also back to normal after tickets sold there in exchange for high denomination notes were made non-cancellable and non-refundable.”