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Wednesday, February 18, 2009

 

SpiceJet, others raise fares, government says keeping watch

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Low-cost carrier SpiceJet raised fares, with unsustainably low tariffs failing to spur demand as expected, and in line with hikes by peers, and the government on February 11 said it was keeping watch to prevent cartelization.

SpiceJet increased ticket prices by 30-40 percent over the last 48 hours, spokesman Deepa Dey said over the telephone from Bangalore. Earlier, Kingfisher Airlines and Jet Airways said they had raised fares.

Jet Airways late on Feb. 11 said it had introduced discount fares on certain domestic routes for early bookings.

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To read the ePaper, visit: http://www.newsindia-times.com

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