Sep 24, 2012, 11.13 AM IST

Jet Airways declines 1% on discount offers on tickets

Shares of Jet Airways, country's largest private air carrier, declined 1% as The Economic Times reported that full service carriers Air India and Jet Airways announced upto 40 percent discounts on tickets booked a month in advance to gain market share.

Source: Moneycontrol.com
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Shares of Jet Airways , country's largest private air carrier, declined 1% as The Economic Times reported that full service carriers Air India and Jet Airways announced upto 40 percent discounts on tickets booked a month in advance to gain market share.


The report says, "The national carrier announced the "Jaldi Jaldi" scheme under which the fare for tickets booked at least 30 days in advance will be 40-50 percent cheaper compared to the existing instant purchase fare, the airline said. A day later, Jet Airways announced similar discounts."
 
At 10:59 hours IST, the share was trading at Rs 364.20, down 0.95% with volumes of 1,21,684 equity shares.


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