Independence Day celebration: Air India offers discounted flights from Gulf cities to subcontinent

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Updated 09 August 2022
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Independence Day celebration: Air India offers discounted flights from Gulf cities to subcontinent

  • The promotional tickets can be bought from Aug. 8 until Aug. 21

DUBAI: Air India is offering discounted one-way flight fares for passengers departing from its Gulf routes to celebrate India’s 75th Independence Day on Aug. 15.

The promotional tickets can be bought from Aug. 8 until Aug. 21 and are valid for travel until Oct. 15 this year. Although there are limited seats for the promotion, travelers nonetheless are still allowed 35 kilograms of check-in baggage and eight kilos of hand luggage.

Travelers coming from Saudi Arabia’s major cities – Dammam, Riyadh and Jeddah – destined for the Indian cities of Delhi, Mumbai and Hyderabad can take advantage of the one-way direct flights for only $133.33 (500 riyals). A quick check on the airline’s website indicates the normal pricing for a one-way flight from Jeddah to Delhi tops over a thousand riyals.

Air India, which was taken over by Tata Group in January after winning the bid for the airline late last year, has about 81,000 seats per week in its Gulf operations including that of its budget segment via Air India Express.

For passengers departing from Abu Dhabi, Dubai and Sharjah in the UAE, and bound for Indian cities including Delhi, Mumbai, Chennai, Kozhikode, Cochin, Bengaluru and Hyderabad, Air India has pegged the one-way promotional fare at $89.86 (330 dirhams).

Passengers from Kuwait to Chennai and Mumbai meanwhile can purchase their tickets at $119.44 (36.65 Kuwaiti dinars); those flying from Doha to Delhi can have their flight tickets for $137 (499 Qatari riyals); Delhi-bound passengers from Bahrain can avail the cheaper seats at $160 (60.3 Bahraini dinars) while those flying from Muscat to Mumbai, Hyderabad and Kannur can avail of the $93.89 (36.1 Omani riyals) flight tickets.

Passengers out of Muscat to Delhi and Chennai pay $169.3 (65.1 Omani riyals) for their discounted tickets.

Air India, which held around 17 percent of India’s international airlines market in 2021, is aiming to regain lost ground and is planning to add 200 more aircraft to its current fleet of about 128 planes.

The Gulf market, where a large population of non-resident Indians work and live, is dominated by international airlines like Emirates, one of two flag carriers of the UAE.


Closing Bell: Saudi main index closes in red at 10,452

Updated 14 sec ago
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Closing Bell: Saudi main index closes in red at 10,452

RIYADH: Saudi Arabia’s Tadawul All Share Index dipped on Tuesday, losing 137.26 points, or 1.30 percent, to close at 10,452.91.

The total trading turnover of the benchmark index was SR3.61 billion ($964.2 million), as 25 of the listed stocks advanced, while 235 retreated.

The MSCI Tadawul Index decreased, down 16.79 points or 1.21 percent, to close at 1,374.55.

The Kingdom’s parallel market Nomu lost 246.13 points, or 1.04 percent, to close at 23,470.28. This comes as 23 of the listed stocks advanced, while 51 retreated.

The best-performing stock was AlAhli REIT Fund 1, with its share price surging by 4.15 percent to SR6.52.

Other top performers included Dar Alarkan Real Estate Development Co., which saw its share price rise by 3.47 percent to SR15.80, and Arabian Drilling Co., which saw a 1.53 percent increase to SR96.35.

On the downside, the worst performer of the day was CHUBB Arabia Cooperative Insurance Co., whose share price fell by 5.40 percent to SR20.66.

Sport Clubs Co. and Rabigh Refining and Petrochemical Co. also saw declines, with their shares dropping by 5.10 percent and 4.76 percent to SR8.75 and SR7, respectively.

On the announcements front, Saudi Arabia Refineries Co. has formally established its new subsidiary, Clean Energy Co., announcing the completion of its articles of association and commercial registration.

The wholly owned limited liability company, headquartered in Bish City, is slated to operate in the critical sectors of metal mining, organic chemical manufacturing, and the production of primary gases, including liquid and compressed air. 

According to the official announcement on Tadawul, the subsidiary will commence operations after finalizing all remaining incorporation requirements, which encompass administrative and technical arrangements as well as securing the necessary operational licenses. 

The move marks a strategic expansion for the parent company into the industrial and clean energy supply chain. Sarco’s shares traded 0.93 percent lower on the main market today to reach SR53.