The Wadia Group-promoted budget carrier GoAir said it has put 1.7 million seats up for sale, offering fares as low as Rs 1,469 for travel next year with a five-day booking period starting today, to stimulate demand during the lean period, reported PTI.
The bookings under the offer can be made between December 21 and December 25, it said.
"The January-March quarter is traditionally a lean quarter... The purpose of introducing these fares is to make air travel affordable during the period," GoAir chief executive Giorgio De Roni told PTI.
Stating that lowering of ticket prices was not to trigger a fare war in the domestic skies, De Roni said, "It is not an offer on lowest price or the cheapest price but to make it affordable and more attractive during the lean period."
GoAir is committed to offer the affordable fares that allows it to deliver a sustainable result, De Roni said, adding "we can grow only when we are profitable and develop our network and the fleet."
The airline wants to be consistent with its pricing strategy, he said.
The Mumbai-based airline operates across 22 destinations in the country with a fleet of 19 Airbus A320s.