India's second largest carrier Jet Airways has put 20 lakh seats on sale at flat Rs 2250 for travel anytime till December 31, this year. Tickets for the same can be booked between 19-24 February.
"Experience India's biggest air ticket sale with 20 lakh seats on over 450 daily flights across 57 cities within India," Jet Air said on its website. A few minutes after the announcement, the company's website crashed and remained unavailable for customers.
Fares which typically start at Rs 6,000-7,000 for one-way have been reduced to Rs 2,250 during sale period.
With this initiative, the airline is likely to improve cash flows by Rs 450 crore on account of advance bookings, which will be done at a magnum opus scale. Travel agents assert that going by previous trends, there are atleast 30% cancellations by customers who indulge in impulsive buying only to cancel bookings later. As a policy, airlines do not refund amount on tickets purchased during offer period, they say.
19/02/13 Moneycontrol.com
