New Delhi -°C
Today in New Delhi, India

Dec 08, 2019-Sunday
-°C

Humidity
-

Wind
-

Select city

Metro cities - Delhi, Mumbai, Chennai, Kolkata

Other cities - Noida, Gurgaon, Bengaluru, Hyderabad, Bhopal , Chandigarh , Dehradun, Indore, Jaipur, Lucknow, Patna, Ranchi

Sunday, Dec 08, 2019

Deccan rolls back hike in base air fares

Budget air-carrier, Deccan, has rolled back its fare hike, barely 24-hours after it announced the hike on Thursday.

business Updated: Aug 01, 2008 19:46 IST

PTI
Hindustantimes
         

Budget air-carrier, Deccan, has rolled back its fare hike, barely 24-hours after it announced the hike on Thursday.

The airline had announced a 10 per cent increase in its base fares on Thursday.

"We have decided to put on hold our earlier proposal to hike base fares by 10 per cent," a UB group official told PTI in Mumbai on Friday.

The official, however, did not give any reason for the roll-back.

It is understood that the airline was forced to take this decision as its competitors were not effecting a hike in their air fares, despite the 2.8 per cent increase in aviation turbine fuel prices announced by state-run oil companies on Thursday.

National carrier, Air India, and private air-carriers Kingfisher and Deccan, had announced a 10 per cent increase in their domestic fares across the board.

However, the Naresh Goyal-owned Jet Airways had effected a 10 per cent hike in its economy-class fares and a five per cent hike in its business class fares.

Budget carriers such as IndiGo, SpiceJet and GoAir have so far not increased their fares.