Air France reduces ticket prices to 49 euros

Air France reduces ticket prices to 49 euros
# 11 January 2013 07:24 (UTC +04:00)

Baku. Nijat Mustafayev – APA-Economics. Air France is to target people who travel light with a lower-cost tariff aimed at reviving loss-making short and medium-haul routes by tackling budget carriers and France's high-speed trains head on, APA-Economics reports.

The French carrier said on Monday one-way "MiNi" fares would start at 49 euros including tax for the 40 percent of people who travel without checked baggage, about 20 euros less than the current cheapest economy ticket.

MiNi customers will not get frequent flyer points but will get the same onboard service as fellow travellers with "classic" economy tickets.

Air France-KLM has slipped into second place among European network airlines behind German rival Lufthansa (LHAG.DE) on most measures, and analysts have urged it to focus on executing a cost-cutting plan and improving operations.

The airline said it would offer one million tickets this year in the lower price bracket on 58 routes including its domestic service. The service went on sale on Monday for flights from Feb 6.

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THE OPERATION IS BEING PERFORMED