SpiceJet announced on Friday a discounted fare of Rs 2,013 for all domestic destinations across its network from February 1 to April 30, the reservations for which have to be made by January 13. A return trip during this period would cost just Rs 4,026. The airline set aside around 10 lakh seats under the special fare, of which 1.5 lakh seats were sold out on Friday itself. Indigo, another budget carrier, also began offering discounted rates on certain busy sectors like Mumbai-Delhi, Mumbai-Kochi and even Mumbai-Goa.
The airlines decided to make this move owing to the low holiday travel rush in December 2012 and an expected dull season ahead. Rajesh Rateria, managing director of Cirrus Travels said, "This is why fares have come down for a while. Airlines are neck-and-neck in competition to attract flyers. If one carrier lowers fares, others are bound to follow."
Tour operators said the competition between the two carriers will benefit flyers as other budget airlines may similarly slash ticket prices. A Mumbai-Delhi return trip on other low-cost airlines between February and April is likely to cost around Rs 4,200-4,500. A trip to Goa from Mumbai will cost around Rs 5,000-6,000 and Mumbai-Jaipur tickets are likely to be available for Rs 5,000-6,000.
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