Airline price wars: Tickets get cheaper

Domestic airlines respond to a fall in fuel prices and slash fares by more than half. A day after Jet Airways reduced fares on domestic routes, state-owned operator Air India today (Dec 30) announced fare cut up to 80 per cent in at least 20 sectors, mostly on metro routes.

National air-carrier, Air India on Tuesday (December 30) slashed its basic air fares in the domestic sectors ranging 35-82 per cent.

The fare cut was effective from 1500 hours today (Dec 30), an Air India spokesperson said.

The maximum reduction in fares was 82 per cent on the Chennai-Bangalore route, while on Mumbai-Kolkata route, the reduction would be 35 per cent, Air India said.

The basic fare for travel between Mumbai and Delhi now stands reduced by 49 per cent, the company said.

The fare cut has come a day after Air India’s competitor and private air carrier, Jet Airways reduced its basic fares upto 40 per cent.

Another leading private air carrier, Kingfisher Airlines, had also announced reduction in its fares from January 1.

However, Kingfisher is yet to take a decision on the quantum of the cut.

JetLite reduces fares by up to 40%

Low-cost carrier JetLite Airways, a wholly-owned subsidiary of Jet Airways, today slashed fares on all sectors by up to 40 per cent with immediate effect.

A JetLite statement said the Mumbai-Delhi economy class basic fare will now be available for Rs 750, while the Mumbai-Chennai basic fare will be Rs 595 and a Delhi-Hyderabad Rs 999. The taxes and surcharge are applicable on these fares as usual.

Another low-cost airline SpiceJet announced fares starting Rs 99 across its network. The scheme is applicable for tickets booked at least 21 days prior to the date of travel and is valid till the June 30 2009.

“At SpiceJet we remain committed to stimulating the market by making flying more affordable. This advance purchase fare is another step in that direction,” SpiceJet CEO Sanjay Aggarwal said in a statement.

(Agencies)

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