British Airways has announced a special return economy fare of Rs 19,000 from India to the UK from October this year, besides reductions in all other classes.
Domestic airlines expect the fall in prices of aviation fuel to boost their earnings from the quarter ending December.
With oil prices in a free fall, the airline is looking at regaining some of its lost share.
The country's telecom sector went into an overdrive witnessing among other things a uniform call rate, huge foreign investments as intense competition in the arena led to a drop in tariffs to benefit the consumer.
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