• Investment World
• eWorld
• Brand Line
• Mentor
• Life
• Brand Quest
• The New Manager
• BL Club
• Smartbuy

Stocks

• Quotes
• SE Diary
• Scoreboard
• Open-End Mutual Fund

Cross Currency

• Rates
  
  

Shipping

• Ports
  
  

Archives

• Yesterday
• Datewise
• Resources
• In Focus
• In Depth
• Events 2007

Group Sites

• The Hindu
• The Hindu ePaper
• Business Line
• Business Line ePaper
• Sportstar
• Frontline
• The Hindu eBooks
• The Hindu Images

Our Bureau

New Delhi, Nov. 24 Domestic flying will become cheaper in the next few days. On Monday night, Kingfisher Airlines announced that it will lower fares.

In a statement, the airline said it will immediately reduce fares across the board as soon as ‘declared goods’ classification is approved for aviation turbine fuel.

Meanwhile, official sources indicated that Air India also is to reduce fares from December 1. In the case of Air India the reduction might be as much as 12 per cent; the exact quantum was being worked out, official sources said.

Currently, ATF accounts for 45-50 per cent of the operating cost of most domestic airlines.

More Stories on : Airlines | Petroleum

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page

Copyright © 2008, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line