Low-cost carrier JetLite Airways, a wholly-owned subsidiary of Jet Airways, on Tuesday slashed fares on all sectors by up to 40 per cent with immediate effect.
A JetLite statement here said the Mumbai-Delhi economy class basic fare will now be available for Rs 750, while the Mumbai-Chennai basic fare will be Rs 595 and a Delhi-Hyderabad Rs 999. The taxes and surcharge are applicable on these fares as usual.
Another low-cost airline SpiceJet announced fares starting Rs 99 across its network. The scheme is applicable for tickets booked at least 21 days prior to the date of travel and is valid till the June 30 2009.
"At SpiceJet we remain committed to stimulating the market by making flying more affordable. This advance purchase fare is another step in that direction," SpiceJet CEO Sanjay Aggarwal said in a statement.
National air-carrier Air India also slashed its basic fares in the domestic sectors ranging 35-82 per cent on Tuesday.