New Delhi: Indian airlines may be complaining bitterly about the falling rupee hiking their operating costs, but the ongoing lean travel season is witnessing a virtual fare war among them. The biggest low-cost carrier (LCC) IndiGo on Tuesday set the cat among pigeons by announcing all-inclusive 90-day advance fares, starting from just Rs 2,107 with Delhi-Mumbai going for just Rs 3,435.
Even the current available fares are about 20-25% lower than usual fares as the July-September period is the leanest travel quarter of the year when airlines — despite rising costs — have to offer discounts to attract flyers. The Delhi-Mumbai spot fares are in the range of Rs 7,000-8,000, while they are usually above Rs 10,000 in the peak travel season.
"The other full service carriers started the fare war. LCCs followed suit and we also had to then lower fares," said a senior Air India official.
10/07/13 Times of India
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Even the current available fares are about 20-25% lower than usual fares as the July-September period is the leanest travel quarter of the year when airlines — despite rising costs — have to offer discounts to attract flyers. The Delhi-Mumbai spot fares are in the range of Rs 7,000-8,000, while they are usually above Rs 10,000 in the peak travel season.
"The other full service carriers started the fare war. LCCs followed suit and we also had to then lower fares," said a senior Air India official.
10/07/13 Times of India
