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India’s festive spending boom skips airlines as car and iPhone sales surge

Economy
Published on 24 April 2026
India’s festive spending boom skips airlines as car and iPhone sales surge

Air passenger demand stalls while consumer goods soar

Festive season cheer is flowing to cars and consumer electronics, boosted by demand and GST cuts, with multiple categories hitting record sales. But airlines are noticeably left out as air travel demand struggles. The mismatch points to higher travel costs, pricing pressure, and shifting consumer preferences that are reshaping India’s holiday travel economy.

  • Cars and consumer electronics see record festive sales
  • GST cuts and festive demand fuel broader spending
  • Airlines lag as passenger demand remains weak
  • Travel affordability and pricing dynamics deter flyers
Read the full story at The Economic Times

This summarization was done by Beige for a story published on The Economic TimesThe Economic Times

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