Air India discount: Students, senior citizens to get up to 50% concession - check details
Air India earlier was offering 50 per cent discount on select booking classes in economy cabins of its aircraft to these two categories of travellers, according to the website.
Tata Group-owned full-service carrier Air India has reduced by half the discount offered on basic fares to senior citizens and students in the economy class on its flights, according to its website.
The revised discount on basic fares is effective from September 29.
Tata Group took control of the loss-making Air India from the government on January 27, this year.
"... (under senior citizen and student concession) for tickets issued on/after 29th September 2022, 25 per cent (discount) of basic fare will be applicable on select booking classes in economy cabin," as per the website.
Air India earlier was offering 50 per cent discount on select booking classes in economy cabins of its aircraft to these two categories of travellers, according to the website.
Separately, in a circular dated September 28, the airline said "it has been decided to revise the concessionary fares with effect from 29th September 2022. The changes are applicable for tickets issued on/after 29th September 2022."
According to the circular, the revised concession for senior citizens stands at "25 per cent of basic fare".
The private airline, however, in a statement defended the steep reduction in such concessionary fares, saying, "Even after this adjustment, the discount on base fares for both students and senior citizens will be nearly double when compared to other private airlines."
"Considering the overall market situation and dynamics, we have decided to rationalise our fares in line with the broad industry trend," an Air India spokesperson added in the statement.
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.
RECOMMENDED STORIES
Rs 3,500 Monthly SIP for 35 years vs Rs 35,000 Monthly SIP for 16 Years: Which can give you higher corpus in long term? See calculations
Small SIP, Big Impact: Rs 1,111 monthly SIP for 40 years, Rs 11,111 for 20 years or Rs 22,222 for 10 years, which do you think works best?
Power of Compounding: How long it will take to build Rs 5 crore corpus with Rs 5,000, Rs 10,000 and Rs 15,000 monthly investments?
03:27 PM IST