Jet Airways expects domestic discounting to continue
Jet Airways Chief Operating Officer Sudheer Raghavan stated airfares in India will continue to be discounted as airlines attempt to capture market shares (Hindu Business Line, 26-May-2011). Air India recently cut fares to help it recover in the domestic market following the 10-day pilots strike.
Jet Airways: “Irrationally, low air fares are something we would have to live with. I think some airlines will continue with low air fares to capture market share,” Sudheer Raghavan, Chief Operating Officer. Source: Hindu Business Line, 26-May-2011.