More expensive flights, fewer new passengers: OTAs feel the pinch
India's top online travel agencies like MakeMyTrip, Yatra and EaseMyTrip, are seeing air-ticketing revenue growth lag rising ticket prices, as passenger volumes stay flat and airlines push direct bookings.
Online travel agencies (OTAs) like MakeMyTrip, Yatra Online, and EaseMyTrip are experiencing a decline in their air ticketing businesses despite passengers spending more on flights. The increase in airfares rather than a rise in passenger numbers is driving ticket sales through these platforms. Abhishek Law, a journalist covering aviation for Mint, highlights that the majority of his work involves translating complex airline terms into simpler language for his readers.
He spends his days tracking airline strategies, policy changes, and occasional disruptions that often become stock market stories. When the aviation industry is stable, he broadens his focus to other sectors such as steel. Law's primary goal is to simplify complex business stories so that they are enjoyable and easy to understand.
Written by urgent.news from Live Mint's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
