Financial Daily from THE HINDU group of publications Tuesday, Mar 02, 2004 |
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Logistics
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Airlines Air India cuts Gulf fares Our Bureau
Thiruvananthapuram , March 1 AIR India has announced a reduction in its airfares on the Kerala-West Asia sector. The cheaper fares will come into effect from April 1, said Mr S. Talwar, Regional Director-India, Air India, at a press conference in the city. The airline will reduce fares by five per cent during the `peak period' on this sector, he said. Fares on the Kerala-West Asia sector during the `off' period and the `shoulder' period will be between 5 and 15 per cent cheaper depending on market conditions, he said. The `peak' period on this sector normally falls between August 15 and September 15, and also around Christmas and Eid, he explained. The airline has already announced a fare reduction on the West Asia-Kerala sector, he added.
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