Jet Airways slashes fares by 20% in five day sale

The offer comes a day after state oil companies hiked aviation turbine fuel price by 9.2%

Jet Airways has slashed fares by 20% in a five day discount offer. The offer comes a day after state oil companies hiked aviation turbine fuel (ATF) price by 9.2%. It follows similar such offers introduced by other carriers in the last fortnight.

Jet Airways said the five day offer will allow flyers to avail of substantial savings of up to 20% on base fares (excluding taxes and government fees) in economy and business class and will be valid for bookings till next Monday and for travel between June 25 and September 30. Under the offer, a Mumbai-Goa ticket will be available upwards of Rs 1107 and a ticket to Bengaluru and Hyderabad will be available upwards of Rs 819 and Rs 1360 onwards ( excluding fees and taxes).

The period from June to September is traditionally lean for travel as schools and colleges reopen. Hence, carriers are providing discounts to keep loads high. During June-September 2015, domestic carriers reported load factor of 80%, compared with 75% in the previous year. Also, airlines have added aircraft and increased flights.