After Jet, Air India announces fare cut up to 82 per cent | india | Hindustan Times
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After Jet, Air India announces fare cut up to 82 per cent

A day after Jet Airways reduced fares on domestic routes, state-owned operator Air India has announced fare cut up to 82 per cent in at least 20 sectors, mostly on metro routes, reports S Saha. Reasons to fly

india Updated: Dec 31, 2008 11:45 IST
Samiran Saha
Samiran Saha
Hindustan Times

Your traveL bill just got lighter.

Airfares would get cheaper by over 25 per cent after most airlines announced major cuts in fares on many routes, including the busiest Delhi-Mumbai sector. Reasons to fly

An all-inclusive economy-class ticket from Delhi to Mumbai in a full-service carrier could now cost less than Rs 5,000.

On Tuesday, state-run Air India announced reduction of up to 82 per cent in its basic fares on 20 of its busy domestic sectors. This would result in much lower final fares, which would include taxes and levies of about Rs 3,000 over and above the basic fare.

Falling fuel costs and decelerating demand for air travel have forced airlines to cut fares. Aviation turbine fuel (ATF) prices have more than halved since the peak prices of Rs 70,000 per kilolitre in August.

“Following the gradual reduction in the price of ATF, we have decided to reduce the fares,” a spokesman for Air India said.

Jetlite, the low cost arm of Jet Airways, also announced up to 40 per cent reduction in its basic fares and a Delhi-Mumbai one-way economy ticket would cost about Rs 3,900 on the airline.

Kingfisher Airlines said it would cut fares in the coming month, but has not announced the quantum of reduction. Low-cost carrier SpiceJet has also announced fares that start with a basic fare of as low as Rs 99.

First Published: Dec 30, 2008 15:39 IST