AI charges 50 to 140 per cent more for LTC tickets
05 Sep, 2012 11:37a.m.
Air India is charging between 50 to 140 per cent more than the normal price offered to other passengers for the leave travel concession (LTC) tickets. This can be seen as another subsidy to the cash-strapped national carrier, the Air India website has opened a special section for LTC tickets to government servants. For government employees, especially Grade A and B employees who are entitled to fly on their holidays, it does not matter as the money is reimbursed by the government. So, they are unlikely to go in for cheaper fares. Also there are some advantages — the cancellation charges for LTC passengers is only Rs 200, compared to Rs 300 to Rs 1,500 in the normal ticketing system. Moreover, about 20 seats are reserved for LTC passengers on any flight, so availability is not an issue.
|COSTING THE EXCHEQUER|
|Route, Date & Flight|
|GoAir, SpiceJet, IndiGo (LCCs)||5,215|
|SpiceJet, IndiGo (LCCs)||4,977|
|Air India- Normal||7,761|
|IndiGo, SpiceJet (LCCs)||7,450|
|SpiceJet, IndiGo (LCCs)||7,722|
|Fares of various routes as on September 3, 2012; LTC- Leave travel concession|
Source: Air India website and travel portals
Source : Business Standard
Dont forget to share this post