Major Indian low-fare airlines have slashed fares by at least 30 percent to beat the lean season, which falls between June and mid-October, the company said.
The company has noted fares decrease by 25-30 percent on most routes as the end of summer holiday season approaches and airlines are attempting to fill up the low-season inventory of July and August in advance.
SpiceJet has announced a promotional one-way base fare of INR444 for its Jammu-Srinagar, Ahmedabad-Mumbai, Mumbai-Goa, Delhi-Dehradun and Delhi-Amritsar routes.
India´s airline IndiGo, run by InterGlobe Aviation Ltd, has also launched a similar promotional fare for the same travel and booking period.
GoAir, run by Go Airlines (India) Pvt. Ltd, and AirAsia India Pvt. Ltd have also launched promotional fares to woo passengers.
According to John Nair, head, business travel, Cox & Kings Ltd, the deep discounts offered by low-fare carriers are aimed at stimulating demand during the low season as summer rush ends.