Amid rising concerns over higher airfares despite fall in oil prices, no-frills airline IndiGo has acknowledged that it is not "passing on all" the benefits accruing from lower fuel costs to the customers.
The latest offer -- of all-inclusive fares as low as Rs 1,699 for flights across its domestic network and Rs 3,799 for international routes with a three-day booking window -- comes a day after SpiceJet's ownership went back to its original promoter, Ajay Singh.
Saroj Datta stepped down as board member and executive director of Jet Airways recently, after almost decade at the airliner. CNBC-TV18 catches up with him to source out his rich experience and the way forward for the industry as he sees it.
Jet Airways, India's largest airline by market share, aims to increase domestic low-fare capacity to 80-85% of the total fleet from present 72%, a top official said on Wednesday.
Jet Airways has touched an intraday high of Rs 315.55 and an intraday low of Rs 309. At 09:22 hrs the share was quoting at Rs 312.70, up Rs 8, or 2.63%.