Business Daily from THE HINDU group of publications
Tuesday, December 30, 2008
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Business Daily from THE HINDU group of publications Tuesday, December 30, 2008 ePaper | Mobile/PDA Version | Audio | Blogs |
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Update at 1750 hrs (IST)
Corporate Air India reduces basic fares on domestic routes MUMBAI: National air-carrier, Air India on Tuesday slashed its basic air fares in the domestic sectors ranging 35-82 per cent. The fare cut was effective from 1500 hours today, 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 up to 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. - PTI
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