AI to cut international travel fares

International travel out of India is set to get cheaper with Air India looking at offering lower fares on stop-over flights to stave off competition from the Jet-Etihad duo on long-haul routes to the Americas, Europe.

A senior executive at Air India said, “While we will continue to charge a premium in non-stop flights, we will offer competitive rates for destinations where we have even one stop-over.”

A rejigged fare structure would enable Air India to boost load factors in international sectors where it is expected to face intense competition from Jet-Etihad combine post the completion of the stake sale agreement with Jet Airways.

Full report here Business Standard


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