The Rs 2,058 crore (Rs 20.58 billion) deal between Jet Airways and Etihad Airways will benefit passengers, as increased competition will bring down air fares, aviation sector experts said.
Boeing India president says with the rising prices of aviation fuel, the airlines do not have any option but to increase the fares.
It offers fares as low as Rs 1,499 for a one-way journey.
All scheduled domestic carriers are mandated to upload their minimum and maximum domestic fares for all routes on their websites every month.
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'I remember that when I was about seven years old, a doctor saw me and told my family that I would only survive for six months and that the disease had no cure. But my mother never gave up. She would always say, 'My son is born to become a renowned wrestler'.'
The special fares are valid for economy class and business class return tickets to all of the airline's destinations within India, the airline said.
This was on the expected lines after Trinamool Congress chief and West Bengal Chief Minister Mamata Banerjee played a major role in getting the former Railway Minister Dinesh Trivedi resign.
He was asked if there will be any roll back in the hike in passenger fares.
Star pacer Mohammed Shami has developed an ankle condition, which currently requires medical attention, as the Indian team management will hope that he regains fitness in time for the first Test against South Africa starting from December 26 at Centurion.
The average load factor for November stands at 75 per cent, as leisure travel records a rise at this time.
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Congress is protesting the recent hike in railway passenger fares and freight rates announced by the Centre.
The national carrier has priced the tickets closely with AC train fares.
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Railways has made windfall gains with the introduction of dynamic fares in the special Rajdhani type trains in the Delhi-Mumbai sector, which saw up to a 30 per cent jump in fares in AC-2 and 35 per cent in AC-3.
SpiceJet will operate two daily flights using wet leased Twin Otter aircraft from Maldivian Aero. PM Modi is expected to inaugurate and travel on first flight.
There will be four trips from December 24, 2013 till Januray 2, 2014 of the premium AC special trains on the busy New Delhi-Mumbai sector, said a senior Railway Ministry official, adding 'the tickets will be sold on higher rate than the existing rate as per the dynamic pricing policy.'
Images from India's 3rd T20 International against Afghanistan at the M Chinnaswamy Stadium in Bengaluru on Thursday.
"The return fare on economy class to most European capitals from Mumbai are close to 50,000 plus. If an LCC can offer direct connectivity for a basic fare of 25,000 with additional top ups for meals, baggage and blankets, which further takes the fare to, say, 35,000, it is still a value deal."
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Singapore Airlines offers Early Bird Fares to the Far East, for a limited period.
Cashing in on Kingfisher's flight cancellations, major airlines have jacked up their fares on many busy air routes by 10-25 per cent over the past few days.
The BJP, Left parties and Trinamool Congress on Wednesday slammed the government for the hike in passenger rail fares and demanded its immediate rollback.
A day after budget carrier SpiceJet announced fares starting at Rs 499 across its domestic network, Jet Airways too jumped on the bandwagon rolling out Rs 500 fares for the economy class on its domestic flights for a limited period.
The directorate general of civil aviation has shot off a letter to all airlines seeking details of the sudden and steep fare hikes announced on Wednesday. The move came close on the heels of civil aviation minister Praful Patel's remark that the ministry was against cartelisation, widely believed to be behind the latest fare hikes.
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The Minister of Railways, Lalu Prasad has announced reduction in passenger fares for non sub-urban mail/express and ordinary passenger trains by one rupee for fares costing up to fifty rupees per passenger.
Railway Minister Lalu Prasad in his pro-poor Railway Budget for 2007-08 presented in the Lok Sabha on Monday announced major relief for passengers by cutting fares across the board.
The gap between the average fares of a full-service airline and a low-cost carrier for metro routes narrowed by a third in January, thanks to leading players cutting their fares quite dramatically to grab the market share.
With airfares mounting in the last couple of weeks primarily due to cancellation of Kingfisher flights, aviation regulator DGCA on Thursday warned airlines not to raise air ticket prices beyond a given range.
The reduced fare offer is also available for travel on partner airline Etihad Airways flights
The Railway Ministry is considering a hike in passenger fares in the Railway Budget 2014-15 slated to be presented by Railway Minister Sadananda Gowda in the second week of next month.
On a day the United Progressive Alliance government was voted out of power, it committed a gaffe by withdrawing a railway tariff hike within hours of announcing it.
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Harish Kotian evaluates Indian performances in the third Test.
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