IndiGo announces 10 lakh seats on sale, fares starting from Rs 899

Low cost airline IndiGo announced 10 lakh seats up for grabs as part of its winter sale offer. Under the sale, flight tickets are available at starting price of Rs 899 on domestic route. For international routes, customers can get fares from Rs 3,199. 

Bookings for IndiGo’s Rs 899 offer will close on November 25. This sale is applicable for travel between December 06, 2018 and April 15, 2019. This offer will also be available across all IndiGo’s distribution channels.

Earlier, under a limited offer, IndiGo had put on sale 10 lakh (one million) promotional seats for all-inclusive fares starting Rs 999 for a one-way journey across its flight network. 

The Gurugram-headquartered airline had also offered a super cash amount of up to Rs 600 (20%) on booking the ticket through mobile wallet provider MobiKwik under the promotional offer, according to a company release.

The bookings of tickets under the four-day "festive sale" offer have begun from Monday for the travel period from September 18, 2018 to March 30, 2019, it then said.

Selling inventory in advance helps an airline generate working capital.

This is the third time in as many months that the budget carrier, whose June quarter profitability nearly got wiped out over the period year ago, has put a million seats up for grabs at cheaper fares.

In July, it had put on sale 1.2 million seats at heavily discounted starting fares of Rs 1,212 under a similar offer.

The Rakesh Gangwal-Rahul Bhatia-promoted InterGlobe Aviation, which runs IndiGo, had reported a steep 96.6 per cent fall in net profit to Rs 27.8 crore in the June quarter, owing to adverse impact of foreign exchange and high fuel prices, as compared to Rs 811 crore in Q1FY18.