Airlines to announce cut in tariffs from January

Mumbai/New Delhi: Kingfisher Airlines Ltd said on Sunday it would effect fare cut across its network from 1 January.
“Kingfisher Airlines will begin the New Year on an aggressive note by slashing fares on its network,” its chairman Vijay Mallya said in a statement here on Sunday.
He, however, did not specify the quantum by which fares would come down. Jet Airways (India) Ltd, had taken a similar decision on the issue.
Earlier on Sunday, Air India announced it could cut base fares on its domestic routes from the middle of January. Persons familiar with the matter said the commercial department of Air India was already working on reducing the fares and could make an announcement in the first week for slashing the prices.
Besides Air India, Kingfisher, Jet Airways, SpiceJet and Indigo has already reduced fuel surcharge on all domestic flights, resulting in the air fares dropping by up to Rs400. The reduction followed successive cuts in aviation turbine fuel prices by oil marketing companies.
In another development, the civil aviation ministry has asked the Directorate General of Civil Aviation to crack its whip on domestic airlines continuing with the congestion surcharge of Rs150, despite substantial fall in air traffic congestion at major airports such as New Delhi and Mumbai, the sources said.
29/12/08 PTI/Livemint

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Categories: Indian Aviation- In General Dec 2008