Thursday, January 29, 2015

SpiceJet registers 400% rise in bookings; Jet Airways joins price war

New Delhi: Budget carrier SpiceJet on Thursday said that it has registered a massive 400 percent spike in its bookings on the first day of its Super Sale scheme, which offers fares as low as Rs 1,499 for a one-way journey on its domestic network.

Naresh Goyal-promoted Jet Airways also slashed fares a second time in a week to match with its rivals.

"400% increase in bookings on Day 1 of our first Super Sale of 2015! Win-win-win for customers, airlines, and travel ecosystem," Kapoor tweeted.

The airline, which had announced a series of flash sale offers last year notwithstanding criticism from the peer group and also the regulator, put on sale yesterday half a million seats for a travel period between February 15 to June 30.

Spicejet, after being in a financial distress for over a year, is currently in the process of change in the management control and ownership. Its promoter Kalanithi Maran had early this month announced that he would transfer his stake in the carrier to original founder Ajay Singh as part of the revival plan.
29/01/15 PTI/Zee News
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