vistara airasia india aviation policy india domestic air traffic air fare promotion offer tickets discount sale price business slowdown
A Vistara flight at Bengaluru airport (representational image).Wikimedia Commons

Full-service carrier Vistara has joined other Indian aviation companies to offer discounted air tickets for a limited period. The company is offering all-inclusive tickets starting from Rs 999 for economy class travel till November 25 for travel between December 5, 2016, and October 1, 2017.

A few days ago, budget carrier SpiceJet had announced a similar offer

Vistara is a joint venture between the Tata Group and Singapore Airlines and had a market share of 2.7 percent in India's domestic air travel business that grew at 23.2 percent last month. 

Indian air carriers continued to fly high in October, flying 86.72 lakh (8.67 million) passengers, marking 23.2 percent growth over 70.39 lakh (7.04 million) passengers carried in October last year.

For the 10-month period ended October 2016, Air India, IndiGo, Jet Airways, SpiceJet, GoAir, AirAsia India and Vistara flew 813.70 lakh (81.37 million) passengers, an increase of 23.18 percent over 660.60 lakh (66.06 million) passengers in the corresponding period last year, according to statistics released by the Directorate General of Civil Aviation (DGCA) on Monday.

Interglobe Aviation (owner of IndiGo) and Jet Airways have declared their September quarter results, while SpiceJet will be announcing its Q2 results on Friday.

Both Interglobe and Jet Airways reported an increase in income and net profit for the September quarter. 

On Thursday, shares of Interglobe and Jet ended with losses while SpiceJet closed with gains of 4.55 percent at Rs 64.40 on the Bombay Stock Exchange.