National airline, Air India, followed lead of its two private sector competitors Jet Airways and Kingfisher, and today, slashed its basic air fares in the domestic sectors ranging from 35 per cent to 82 per cent as per PTI.The fare cut was effective from 1500 hours today, an Air India spokesperson said.The maximum reduction in fares was 82 per cent on the Chennai-Bangalore route, while on Mumbai-Kolkata route, the reduction would be 35 per cent.
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