Airlines raise fares by at least Rs.2,000February 10th, 2009 - 2:55 pm ICT by IANS
New Delhi, Feb 10 (IANS) Airlines including low-cost carriers have withdrawn all promotional fares and increased basic fares by around Rs.2,000 on several sectors from Tuesday.
The decision was taken as operators were faced with low load factors, though basic promotional fares had been as low as Rs.99 on many routes, industry sources said.
“We have discontinued our promotional fares as the response has not been very good, but people who have already bought tickets under the scheme will enjoy the benefit,” said an Air India spokesperson here.
The spokesperson of private carrier Kingfisher Airlines said: “We have closed low fare buckets and are concentrating on setting higher fare buckets. Our focus is on revenue and not seat factors.”