Naresh Goyal-run Jet airways (India) low cost commercial carrier Indigo both have launched a novel sales strategy of allowing customers to buy air tickets through credit cards with payment stretched out over equated monthly installments (EMI's) of two months.
With jet fuel prices shooting through the roof and fierce competition in the aviation market, the two airlines have taken a leaf out of the book of mobile phone companies,which have tied up with banks to offer handsets on EMI's through credit card purchases.
Both Jet Airways and IndiGo have tied up with HDFC and citibank and ICICI bank to offer their passengers an option to pay fares in two installments.
Today the scrip opened at Rs.402.90 and made a high of Rs.442.35 up by 6.24%
With jet fuel prices shooting through the roof and fierce competition in the aviation market, the two airlines have taken a leaf out of the book of mobile phone companies,which have tied up with banks to offer handsets on EMI's through credit card purchases.
Both Jet Airways and IndiGo have tied up with HDFC and citibank and ICICI bank to offer their passengers an option to pay fares in two installments.
Today the scrip opened at Rs.402.90 and made a high of Rs.442.35 up by 6.24%
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