Friday, October 25, 2013

AIR FARE AND TYPE OF AIR FARE




                                                                                                                                                         Prepared by Nikhil das.T
FARE
Amount charged from passenger for the service provided in airlines. Fare of an airline will be distinct from one another according to its class and service.
Airfares means - An airliner (also called a commercial transport or an Airplane) is a large fixed-wing aircraft for transporting passengers and cargo. Such planes are owned by airlines. The definition of an airliner can vary from country to country. Or in simple words we can says that the amount charged for traveling for aircraft.
TYPE OF FARE
The fare generally classified in to two they are followings:-
1.   Normal fare :-They are published airfares for travel between any two points this includes domestic fare and international fares. In simple words we can says that it is an amount charged from a normal adult passenger or we can says that it is an air fare for completely unrestricted ticket.
2.   Special fare:-Various airlines has introduced various types of special fares on their flight with the intension for promoting sales or for allowing concession to certain deserving category of people or as per government directive .These include promotional concession and also surcharged fares. It can be discounted and surcharged fare.
REBATED FARES OR DISCOUNTED.
Normal fare, a rebate is allowed either for sales promotion or as a concession to certain category of people hence rebated fare are of two types. This can be two types’ promotional fare and concession fare
A. promotional fare
They are rebated fares introduced by Indian airlines for promotion of sale, generally against foreign exchange eg: Discovery Indian fares, India wonder fare, youth fare etc .it generally offered during lean and off season period in other words we can says that it is a discounted fare to increase volume.
B. concession fare
Rebated fares introduced by Indian Airline to allow concession to certain category of passenger, normally it is less expensive than adult fare. It is generally half of the full fare. Eg: student discount, cancer patient discount, Blind passenger discount etc..
VARIOUS DISCOUNTS
ù  Armed force personals discounts-50% of concession.
ù  Blind persons Discounts-50% on basic fare and fuel surcharge.
ù  Cancer patient’s discounts -50% concessions on basic fare and fuel surcharge.
ù  Discover India fares-A fixed rate is charged.
ù  Ex-armed force personal-50%concession.
ù  Excursion fares with in the SAARC regions for individuals – 20% rebate on the international sector.
ù  Family fare
ù  Gurkha personal-60% of the normal rupee fare.
ù  Indian Airlines approves agents discount-A percentage discount is given only on the basis of revenue earned.
ù  India wonder fares
ù  Invalid passenger on structures-3 times the normal adult fare
ù  Ship crew discount for groups-Rebate off 44% on the normal international fare.
ù  South India Excursion Fare
ù  Teachers Discount
ù  Students concession
ù  Tour conductors discount-A rebate of 50% on the applicable fare for tour leader
ù  War disabled officers Discount-50%discount both basic fare and fuel surcharge.
ù  War window’s discount 50%
ù  Youth fare – A rebate of 25% on the VSD fare.

2. Surcharged fare
On the normal fare a surcharge thus making it higher than normal fare or it is a fixed percentage added to normal fare. It will normally three times than the normal fare. For Eg:- For bringing dead bodies ,structure fare case.
OTHER FARES
A. Child fare
          A child passenger is one who was reached his or her second birthday but not 12th birth day on the date of commencement of travel and will be charged 50% of the normal adult fare, on domestic sectors and 50% of normal adult fare on India sector .It is 67% of the normal adult fare on all south Asia – sub – continent except in Nepal, Pakistan, Afghanistan, Maldives and Srilanka.
B. Infant fare
          An infant is one who has not his or her 2nd birthday on the date of commencement of travel and not occupied an individual seat and charged 10% of the normal adult fare. An infant has to be accompanied by an adult passenger through out the journey.
          If there are two infants traveling to one another the second infant will be charge child fare .An infant who requires an individual seat also be charged child fare .the fare for child and infant are applicable to the age of the passenger on the date of commencement of travel and added for entire itinerary.
C. Miscellaneous Special fares
          Any other fare that does not fall under the above categories will be classified as special fare types. This includes Circle Fares, special event tour fares, and other fares with linked geographical application.
          The aim of reduced fares has been partly developmental and partly social, to the choice of groups to be encouraged.                                                                                    
                                                                                                                                        Prepared by Nikhil das.T


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