Kingfisher and Jet Airways to reduce fares by Rs 1000

India’s two largest private airlines,Kingfisher and Jet Airways, are likely to reduce fares by up to Rs 1,000 on domestic routes by Dec 2008.

Last week, oil marketing companies had announced a 17% cut in aviation turbine fuel (ATF) prices, while the government reduced customs duty on jet fuel by 5%.Including this the aviation ministry and the government has given them series of benifits to the Airlines industry.

Following this, Air Fuel prices in the metros have come down between Rs 44,965 and Rs 53,663 per kilolitre, a 20% drop from last month. The airlines also received an extension to pay off their fuel dues worth Rs 2,000 crore. However, the customers are yet to get any relief.

3 comments:

KnowYourProfit said...

This blog is novice and informative,visitors will surely be benefitted,Its our pleasure to post Informative content on this useful blog created by webmaster.


Now as such we have seen in past few trading sessions that Market has become volatile and also there were also most of the stocks are available in discounts which means that the right time has come when one can invest in this Indian Stock Market with handsome gain in over a period of time along with that one can also opt for doing Intrading Trading now days as stock specific movement is there.

Quieries are welcomed at:



KnowYourProfit
09871142419

Anonymous said...

Hi friend

what ever the informations you are providing us ,it will be helpful for us

krishna said...

thanks for the informations. now adays i am not getting new info here. please put more info so that it will be helpful for all