Economy class ticket in Just Rs 99 – Air India

Air India recently declared its economy class fare price which is Rs 99 and is valid for the month of February only. This offer will also continue after February for the one who books a ticket 21 days in advance. The Business class travelers can enjoy the scheme till February end under which the passenger’s spouse is allowed to travel by paying only the fuel surcharge and the airport user development charge. Air India was lead by Jet Airways and Kingfisher Airlines last year in flight bookings.

The civil aviation Ministry released its data depicting Jet Airways as India’s largest domestic air services handling a market share of 29.5 percent followed by Kingfisher Airlines handling a market share of 27.6 percent market share. Air India is only handling a market share of 16.3 percent after Jet and Kingfisher airlines which has immensely effected the business of Air India this is the reason why the airlines is introducing new schemes this month.

Kingfisher Airlines Deprived from aviation fuel supply

The Oil marketing companies which are being run by State has threatened Kingfisher airlines that if they will not clear their outstanding of Rs 158 crores the oil marketing companies will stop supplying aviation fuel to the airlines from next Wednesday. The oil companies has started supplying the fuel to Kingfisher and Jet Airways on cash and carry basis from last few days due to the nonpayment of their previous dues for the Last week of October. Jet immediately responded to the situation and paid its dues but Kingfisher still hasn’t cleared its dues with Hindustan Petroleum and Bharat Petroleum.

Kingfisher Airlines has been affected the most by hike in ATF prices and this can be seen by the loss of Rs 2500 crores faced by the airlines this year. It was decided on 22nd October’08 that the airlines can pay its dues in six easy installments by end of March this year and also asked Oil marketing companies to revise ATF prices every fortnight instead of every month so that international market also gets benefited from the falling ATF prices.

New Overseas Operations Launch by Kingfisher Airlines

Kingfisher airlines have announced its service of daily international flight from Mumbai to London with effect from 5^th January’09. After this launch the Kingfisher airlines will have two overseas operations. It’s already running Bangalore to London flight was launched in September last year. Airline has also decided to launch Mumbai-Hong Kong operations from 12^th January’09 and Mumbai-Singapore operations from 16^th January’09. Kingfisher airlines have also planned to Launch Bangalore-Chennai-Colombo flight service from 19^th January’09 onwards.

The timings of the Mumbai-London flight will take off at 1:50 p.m. from Mumbai and it will arrive at Heathrow at 5:55 p.m. The return flight would leave London at 8:30 p.m. and will arrive the next day at 11 a.m. in the morning.