No immediate plan to hike fares: Air India

April 20th, 2009 - 7:29 pm ICT by IANS  

New Delhi, April 20 (IANS) India’s flagship carrier Air India Monday said it has no “immediate” plan to raise fares even as other airlines Kingfisher and Jet Airways have hiked fares on account of rising fuel costs.
Ruling out any immediate fare hike, an Air India spokesperson told IANS: “We have been No.3 for quite sometime. We are trying hard to improve our passenger strength.”

At present, the airline is offering special fares as low as Rs.2,494 to 35 destinations across the country, he said, adding that these offers would continue despite recent hikes in the aviation fuel price.

“The tickets have to be booked 10 days in advance for Rs.2,694 and 20 days in advance for Rs.2,494,” Air India said in a statement.

These fares are inclusive of all charges except the user development fee, but the tickets are non-refundable.

This is besides the summer special fares scheme, where fares are between Rs.1,891 and Rs.2,901, - all taxes included.

Kingfisher Airlines and Jet Airways last week increased their fuel surcharges by up to Rs.300 after state-run oil companies increased Aviation Turbine Fuel prices three times in one-and-a-half months.

Air India (domestic) has a market share of 17.1 percent, while private carriers Kingfisher Airlines and Jet Airways are way ahead with a market share of 26.7 percent and 25.2 percent respectively.

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