SpiceJet, Indigo launch discount schemes, flight bookings at travel portals soar

Mar 14 2014, 22:36 IST
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Airfare war launched by SpiceJet, Indigo and joined by Jet Airways and Air India has enthused flyers. PTI Airfare war launched by SpiceJet, Indigo and joined by Jet Airways and Air India has enthused flyers. PTI
SummaryAirfare war launched by SpiceJet, Indigo and joined by Jet Airways and Air India has enthused flyers.

long-haul routes,” he added.

Recently, a report by Center for Asia-Pacific Aviation (CAPA) said that Indian carriers lost $1.65 billion on revenue of $ 9.5 billion in FY13, while 40% of the annual loss was generated in fourth quarter (January-March 2013) period itself.

The fourth quarter is generally considered the weakest in the year, according to industry experts, when airlines often struggle to fill up its seats.

"We have seen over a 300% rise in bookings with every offer and this time seems to be no different,” said Sharat Dhall, president of travel portal yatra, adding, “We anticipate this to be the last of the flash sales (for the year).”

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