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GOOD NEWS: Jet Airways, Kingfisher Airlines and Air India - are cutting fares.

GOOD NEWS: Jet Airways, Kingfisher Airlines and Air India - are cutting fares.

Domestic airlines to cut rates, Jet first off the block

The is some good news for air passengers as air fares are all set to come down. The three top domestic airlines - Jet Airways, Kingfisher Airlines and Air India - are cutting fares. Both Jet and Kingfisher are cutting fares by between 15-40 per cent. Kingfisher was the first to announce the cut, starting the first week of January.

NO WAY: Inspite of Praful Patel calling for a price cut, Naresh Goyal and Vijay Mallya ruled out any cut.

Jet, Kingfisher bosses rule out cut in airfares

Mallya says oil is only one component and that strengthening dollar is also draining them.

http://www.ibnlive.com/news/jet-kingfisher-bosses-rule-out-cut-in-airfares/78780-7.html

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