India’s largest airline by market share, IndiGo is offering flight tickets starting at Rs. 999 on select routes.
India’s largest airline by market share, IndiGo is offering flight tickets starting at Rs. 999 on select routes. IndiGo tickets on flights between Delhi and Jaipur were available for an all-inclusive fare of Rs. 999, according to the airline’s website – goindigo.in. Other economical routes include Bagdogra to Guwahati, where the all-inclusive price was seen to be Rs 1,005. Notably, the fares were seen at Rs 1,095 from Coimbatore to Chennai; Rs. 1,112 from Jammu to Srinagar, and Rs.1,120 on those hailing out of Chennai to Bengaluru, according to the airline’s website. Tickets for flights from Delhi to Jaipur in mid-January were available at a price of Rs. 999. Interestingly, the price remained at Rs 999 for some days in February too.
Notably, many airlines operating in the domestic market offer discounts around the New Year holiday season to attract passengers during a period marked with high demand. Low airfares have sparked a strong growth in air travel in the country. Last month, The government’s regional air-connectivity scheme UDAN (Ude Desh Ka Aam Naagrik) aimed to provide opportunity to the masses to fly with fiscal incentives saw heavy demand as airlines rush to grab a pie of the skies.
The second round of bidding received an overwhelming response. In the first round of bidding, 128 routes that would connect 70 airports were awarded to five airlines and some of them are yet to start operations. Against this backdrop, Civil Aviation Secretary R N Choubey told PTI that the performance of airlines that have won routes in the first round would be taken into account while deciding on award of routes in the second round.
For the latest quarter, IndiGo reported a 294% increase in net profit to Rs 551.55 crore, as compared to Rs 139.85 crore in the same period a year ago, helped by credits received from manufacturers for aircraft delivery delays and grounding, besides better revenue management. Currently, IndiGo has about 38% of the domestic aviation market with about 141 planes and 913 daily flights.