Exclusive Webinar :Gain complete knowledge about how you can invest in global markets during an insightful webinar on April 16 at 11 am. Register Now!

IndiGo's new offer: Pay 10% of total fare and book a ticket

Flex Pay allows passengers to defer the payment of the remaining ticket for a domestic flight for up to 15 days, either from the date of booking or before the date of departure.

June 25, 2020 / 05:42 PM IST
  • bselive
  • nselive
Todays L/H

India's largest airline IndiGo will now let passengers secure a booking by paying just 10 percent of the fare, an offer that it hopes will get most people to travel as lockdown restrictions ease.

Termed  Flex Pay, the flexible payment option allows passengers to defer the payment of the remaining ticket for a domestic flight for up to 15 days, either from the date of booking or before the date of departure.

The airline explained:

"For example, the minimum Flex Pay Payment for a DEL-BOM round trip for 4 passengers will be, 2 segments X 4Pax X INR 400 = INR 3200. Whilst making the payment of the balance amount corresponding the booking where a customer has exercised the Flex Pay Option, the Flex Pay payment paid by the customer upfront will be adjusted against the total booking amount."

The scheme comes a month after air carriers resumed domestic operations. Though airlines can operate one-third of their summer schedule, many have been using up to 25 percent of their capacity. Average occupancy, too, has been low at about 50 percent.


COVID-19 Vaccine

Frequently Asked Questions

View more
How does a vaccine work?

A vaccine works by mimicking a natural infection. A vaccine not only induces immune response to protect people from any future COVID-19 infection, but also helps quickly build herd immunity to put an end to the pandemic. Herd immunity occurs when a sufficient percentage of a population becomes immune to a disease, making the spread of disease from person to person unlikely. The good news is that SARS-CoV-2 virus has been fairly stable, which increases the viability of a vaccine.

How many types of vaccines are there?

There are broadly four types of vaccine — one, a vaccine based on the whole virus (this could be either inactivated, or an attenuated [weakened] virus vaccine); two, a non-replicating viral vector vaccine that uses a benign virus as vector that carries the antigen of SARS-CoV; three, nucleic-acid vaccines that have genetic material like DNA and RNA of antigens like spike protein given to a person, helping human cells decode genetic material and produce the vaccine; and four, protein subunit vaccine wherein the recombinant proteins of SARS-COV-2 along with an adjuvant (booster) is given as a vaccine.

What does it take to develop a vaccine of this kind?

Vaccine development is a long, complex process. Unlike drugs that are given to people with a diseased, vaccines are given to healthy people and also vulnerable sections such as children, pregnant women and the elderly. So rigorous tests are compulsory. History says that the fastest time it took to develop a vaccine is five years, but it usually takes double or sometimes triple that time.

View more
IndiGo, which has a fleet of 262 aircraft, also has the most extensive network and used to operate over 1,500 flights a day before coronavirus threw travel out of gear.
Moneycontrol News
first published: Jun 25, 2020 05:42 pm

stay updated

Get Daily News on your Browser