| In a new offer, India's flag carrier Air India has | | | | Jet Airways, together with its low-cost airline JetLite, |
| pegged its economy class fare at Rs.99 excluding | | | | was India's largest domestic air services operator |
| Rs.3,024 as fuel surcharge on all domestic sectors till | | | | ferrying some 12.01 million passengers and |
| Feb 28, an airline official said. | | | | commanding a market share of 29.5 percent, |
| Besides this, it has launched another scheme under | | | | according to data of the civil aviation ministry |
| which travellers booking tickets 21 days in advance | | | | released this month. |
| will also be offered tickets at Rs.99 each. For them, | | | | Vijay Mallya's Kingfisher Airlines, along with its budget |
| the scheme will be valid even after Feb 28. | | | | carrier Kingfisher Red, was next, flying 11.26 million |
| For its business class travellers, Air India already has a | | | | passengers to capture a 27.6 per cent market share. |
| scheme till February-end under which the passenger's | | | | In comparison, Air India continued to lose market |
| spouse can travel paying only the fuel surcharge and | | | | share in the domestic sector and flew just 6.63 million |
| airport user development charge. | | | | passengers, and accounted for a market share of |
| Fares were last reduced Dec 30, when the | | | | 16.3 percent. It had a 19-per cent market share in |
| state-owned airline slashed base fares up to 82 | | | | 2007. |
| percent on several sectors, and private carriers by at | | | | Earlier this month, Jet introduced a scheme where |
| least 50 per cent. | | | | business class tickets booked 21 days in advance |
| Air India trailed private carriers Jet Airways and | | | | were priced 30-35 percent lower than the regular |
| Kingfisher Airlines in terms of passenger load last | | | | fares. |
| year. | | | | |