Air fares slashed by 50 percent till September 18

New Delhi/Mumbai, Sep.15 (ANI): All airlines have slashed their fares to 50 per cent till September 18.

The airlines have made this move in the wake of Jet airways announcing a 50 per cent discount in the economy class across on all of its domestic flights.

According to Keyur Joshi, COO and co-founder of MakeMyTrip, a travel portal, low-cost carrier GoAir on Monday dropped fares to match Jet fares.

On the Mumbai-Delhi route, GoAir normally charges Rs 2,400 (one way). The fare was cut to Rs 2,061 for travel during this week.

One-way tickets on trunk routes such as Mumbai-Chennai and Mumbai-Bangalore were available in the range of Rs 1,900-2,100. Lean-hour travel, in the afternoons, was even cheaper at around Rs 1,800.

Times Now quoted Ajay Prakash, General Secretary, Travel Agents Federation of India (TAFI), as saying that it was a knee jerk reaction to the the Jet Airways move.

Jet Airways had lost nearly Rs 60 crore worth of business to competition during the five-day impasse, had decided to slash economy ticket prices by a flat 50 per cent on its flagship airline as well as Jet Konnect flights for this week.

A Mumbai-based traveller buying a ticket between September 14 and 18 to New Delhi on Jet Airways will now have to pay only Rs 2,500 as against Rs 4,200. (ANI)