Airways, Kingfisher and Air India have decided not to levy any transaction fee on air tickets from tomorrow. It would result in cheap air tickets from the airline office or website but customers have to pay Rs 350-Rs 10,000 more if they purchase tickets from travel agent. The representatives of all leading air carrier held a meeting with Travel Agents Federation of India (TAFI) and apprised them about the decision.
Civil Aviation Minister Praful Patel on Saturday asked the Airline industry to cut air fares for making air travel cheaper in the country. The government has helped the industry and it is waiting for positive response from the aviation companies.
India's largest private airline, Jet Airways is thinking to reduce salaries and perks of its top management in line with its cost cutting measures. Earlier, few days before Diwali, it had decided to lay-off staff, following international credit crisis and loss booked by the airline due to high fuel costs and lower sales.
However, the company had to roll back its decision, following pressure from the government and politicians, who came for help of sacked employees.
Kuala Lumpur - Malaysia's budget airline AirAsia hopes to soar above the current global travel slump by defying the conventional, and introducing unorthodox mechanisms to increase passenger volume.
With travel experts predicting a major drop in tourism across the region, airlines across the board have taken to cutting back on growth and routes to reduce capacity and match lower demand.
AirAsia, however, has chosen to fly the path less travelled.
Paris - French-Dutch airline Air France-KLM said Thursday that profits for the first half of fiscal year 2008-9 slumped because of the economic slowdown and the high cost of fuel.
Operating income fell by 43.9 per cent, to 639 million euros (800 million dollars), in the period ending September 30, the carrier said in a press statement.
Earnings per share plunged by 84 per cent, to 0.66 euros, while turnover stood at 12.983 billion euros, up a modest 4.4 per cent, for the first half of the fiscal year.
A committee headed by the Cabinet Secretary Mr K. M. Chandrasekhar, has recommended air fare cut to the Civil Aviation Ministry in a line with fall in prices of aviation turbine fuel. The committee was set up by government to examine the credit situation faced by aviation sector following global slowdown.
It has also asked to rationalize tax slab on aviation turbine fuel, besides giving a status of declared goods to jet fuel to bring down its prices. Declared goods status would ensure flat four per cent tax on fuel across the country.
Airways, Kingfisher and Air India have decided not to levy any transaction fee on air tickets from tomorrow. It would result in cheap air tickets from the airline office or website but customers have to pay Rs 350-Rs 10,000 more if they purchase tickets from travel agent. The representatives of all leading air carrier held a meeting with Travel Agents Federation of India (TAFI) and apprised them about the decision.
Civil Aviation Minister Praful Patel on Saturday asked the Airline industry to cut air fares for making air travel cheaper in the country. The government has helped the industry and it is waiting for positive response from the aviation companies. 
India's largest private airline, Jet Airways is thinking to reduce salaries and perks of its top management in line with its cost cutting measures. Earlier, few days before Diwali, it had decided to lay-off staff, following international credit crisis and loss booked by the airline due to high fuel costs and lower sales. 
Kuala Lumpur - Malaysia's budget airline AirAsia hopes to soar above the current global travel slump by defying the conventional, and introducing unorthodox mechanisms to increase passenger volume.
Paris - French-Dutch airline Air France-KLM said Thursday that profits for the first half of fiscal year 2008-9 slumped because of the economic slowdown and the high cost of fuel.
A committee headed by the Cabinet Secretary Mr K. M. Chandrasekhar, has recommended air fare cut to the Civil Aviation Ministry in a line with fall in prices of aviation turbine fuel. The committee was set up by government to examine the credit situation faced by aviation sector following global slowdown. 
