AIR FARES LANDS DOWNWARDS
December 29th, 2008
After Vijay Mallya Led Kingfisher Airlines announced a fare cut, Sate owned carrier Air India on Monday announced a similar fare reduction from Jan 1-09
In view of the lower demand in post-peak season and continued decline in fuel prices, Air India will be adjusting domestic fares downwards on various sectors shortly,
Private carrier Kingfisher Airlines Sunday said it would cut fares from the new year.
Low cost carriers are also expected to follow suit, said an industry official.
Even Jet airways has reduce the fares between 15-40%