Airfare Increases on Gulf-India Routes Amid Proposed War Risk Insurance Premiums

Airfare on routes between India and the Gulf, particularly Dubai-Delhi, has surged three to four times due to rising geopolitical tensions between Israel and Iran. Insurance companies are proposing a 'war risk premium' for airlines operating in West Asia, increasing operational costs. Indian carriers like SpiceJet are already reflecting these hikes in ticket prices, with fares reaching around ₹60,000. Regulatory bodies require airlines to maintain comprehensive insurance, including war-risk coverage, to operate international flights.