Air India is again the first one to introduce further reductions in its prices on important national routes with decreasing jet fuel prices.
According to the new APEX-21 policy, the traveler can benefit from a fundamental price of Rs.99. Along with this; the traveler would have to pay Rs.225 as Passenger Service Fee of the government and a fuel surcharge of Rs.2, 700. Nevertheless, travel needs to take place before 28th February, according to the sources.
The final phase of price cut was on 30th December, when the airline had significantly cut basic prices on 20 chief sectors, averaging a drop of over 50%. Therefore, on most of the Air India network, an air traveler can benefit from a price of Rs.3,024 comprehensive of taxes.
Prices have dropped significantly and domestic transporters have again begun contending with one another in spite of their monetary health and the worldwide render down since October past year.
The cutthroat prices and numerous other plans like advance purchase (APEX) and companion-free travel on business class, which were delayed have been re-introduced.
Aviation turbine fuel (ATF)’s price has decreased by more than 50% to July 2005 levels, which has granted the national aviation industry the much-required respite to go in for fare reductions to enhance the drooping traveler traffic.