India Pressuring Airlines to Cut Fares

The government wants Kingfisher and Jet, the country's two largest private carriers, to lower ticket prices after a plunge in demand

MUMBAI: India's two largest private airlines, Kingfisher Airlines and Jet Airways, are contemplating another round of fare cut. After reducing fuel surcharge by Rs 550 per ticket last month, both the airlines are likely to reduce basic fares by Rs 600 per ticket in January, industry sources said.

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