Airfares drop from Indian skies as Jet and IndiGo slash fares by 30 to 50 percent

Jet is offering 20 lakh seats from Rs 2,250 onwards which can be booked till midnight of February 24 for travel till December 31; Indigo slashes fares without any official announcement

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Jet Airways and IndiGo have slashed the airfares today restarting the battle in the Indian skies. Jet is offering 20 lakh seats from Rs 2,250 onwards. These seats can be booked till midnight of February 24 for travel till December 31.

IndiGo slashed fares on select routes by about 30 per cent. The airline, however, did not make any official announcement about the offer. But, according to industry watchers, the low-cost airline is matching the fares offered by Jet on almost all sectors.

The moves by Jet and IndiGo come just weeks after SpiceJet announced a three-day sale when it offered 10 lakh seats at an all-inclusive fare of Rs 2,013 for any domestic flight between February 1 and April 30. However, the airline could sell only 7 lakh seats.

Jet Airways is offering the 20 lakh seats on over 450 domestic flights across 57 destinations operated by it and JetKonnect.

According to sources, IndiGo has not set any number on the seats on offer, adding that the airline will monitor the situation for the next four days before deciding on its next step.

Jet Airways is offering the discounted tickets on four different slabs for one-way travel, based on the distance.: Up to 750 km the fare is Rs 2,250; for 750-1,000 km; Rs 2,850;. 1,000-1,400 km, Rs 3,300; and above 1,400 km, Rs 3,800. These fares are inclusive of all taxes.

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