The country’s leading private air-carrier, Kingfisher Airlines, has decided to cut fares across its network from January 1.
The fare-cut is expected to be in the range of 12–15%. However, the company did not specify the quantum by which fares would come down.
It may be noted that Civil aviation minister Praful Patel had repeatedly asked the airlines to pass on the benefit of sharp a drop in ATF prices to passengers.
For the last four months, a dramatic fall in ATF prices has been noticed.
One of the country's top private air-carrier, Kingfisher Airlines has announced that it would effect fare cut across its network from January 1.
In a press release, Kingfisher Airlines chairman Vijaya Mallya said, “Kingfisher Airlines will begin the New Year on an aggressive note by slashing fares on its network.”
However, Mallya did not state the quantum by which fares would come down.
Islamabad, Dec. 27 : As if its fragile financial health was not bad enough, the Pakistan International Airlines (PIA) has landed itself the dubious distinction of being forced to shell out close to Rs 2 crores for transporting illegal passengers abroad.
According to a latest report by the Auditor General of Pakistan Revenue (AGP), the PIA has paid the massive amount as penalty for carrying illegal passengers.
"PIA has paid 17.066 million rupees between 2004 and 2006 for transporting passengers without legal documents to five countries," the Daily Times said quoting the
Hong Kong - Airport workers in Hong Kong were Friday reportedly considering strike action that could paralyse one of the world's busiest transport hubs.
Unions representing some 3,000 workers at Chek Lap Kok airport protested over a usual year-end bonus worth two months' salaries being halved.
Talks were due to take place Friday or Saturday and a union leader warned that some workers wanted to stage a strike if the Airport Authority refused to reinstate their bonuses.
On Monday, Kingfisher Airlines said that there is no case for decreasing its air fares in the immediate term.
Kingfisher Airlines spokesperson informed, “Once the Government brought aviation turbine fuel (ATF) under the Declared Goods category, it would immediately and significantly reduces fares.”
He further said, “The sharp and immediate spike in ATF prices earlier in the year has left a lasting impact on the bottom lines of the companies, leading to an accumulation of huge outstandings and liabilities with the oil companies and the likes.”
Budapest - Unions called for a temporary end to a two-week strike at Budapest's Ferihegy International Airport, effective 10 pm (2100 GMT) Tuesday, for the benefit of Christmas travellers.
Unions leaders said the strike was being suspended for holidaymakers as well as to facilitate constructive talks with the German-owned operator of Hungary's only major international airport.