IRCTC Celebrates World Tourism Day with no convenience fees and discounts on air tickets

IRCTC's World Tourism Day Celebrations

The Indian Railway Catering and Tourism Corporation (IRCTC) is marking its 24th Foundation Day on September 27, coinciding with World Tourism Day. In honor of this special occasion, IRCTC is rolling out a range of exclusive offers and benefits for air travelers.

IRCTC's Multi-Modal Transport Ticket Booking

IRCTC now offers customers a seamless and convenient way to book tickets across multiple modes of transport, including railways, roadways, and air travel. With its IATA-certified website for air ticket bookings, www.air.irctc.co.in, travelers can book both international and domestic flight tickets at competitive prices.

Convenience Fee Waiver and Exciting Discounts

As part of its Foundation Day celebrations, IRCTC is generously waiving convenience fees for customers booking international and domestic flight tickets through its website. This special offer is available from September 25 to September 27.

To benefit from this promotion, travel enthusiasts can use IRCTC's air ticketing portal, www.irctc.co.in, or the IRCTC Air mobile app. Additionally, IRCTC is introducing discounts of up to Rs. 2000 on air tickets for card transactions from various banks, just in time for the upcoming festive season.

User-Friendly Booking Experience

The IRCTC Air website and app are designed with user-friendly features that simplify flight searches, price comparisons, and ticket bookings. Whether you're planning a round trip or a multi-city adventure, IRCTC Air ensures a hassle-free booking process.

Exclusive Benefits for Defense Personnel

IRCTC Air also caters to defense personnel by offering defense fares and leave travel concession (LTC) tickets for government officials. Additionally, every air ticket booked through the IRCTC portal includes a travel insurance policy worth Rs 50 Lakhs.

IRCTC's Quarterly Financial Performance

Let's take a closer look at IRCTC's quarterly financial figures:

Strong Growth in Net Sales

For June 2023, IRCTC reported net sales of Rs 1,001.79 crore, representing a substantial 17.5% increase compared to the figure of Rs 852.59 crore in June 2022.

Net Profit and EBITDA

Despite a slight decrease, IRCTC achieved a quarterly net profit of Rs 232.22 crore in June 2023, showing resilience in its financial performance. The Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) for June 2023 stood at Rs 382.20 crore, marking a notable 10.67% rise from the Rs 345.35 crore recorded in June 2022.

Earnings Per Share (EPS)

The Earnings Per Share (EPS) for IRCTC decreased slightly to Rs 2.90 in June 2023, down from Rs 3.07 reported in June 2022.

IRCTC's dedication to enhancing the travel experience and its solid financial performance continue to benefit travelers and investors alike.

Some relevant and latest facts for the news article on IRCTC celebrating World Tourism Day with no convenience fees and discounts on air tickets:

• IRCTC's air ticketing portal, www.air.irctc.co.in, has recorded a significant increase in bookings in recent months. In the first quarter of the current financial year, IRCTC Air booked over 1 million air tickets, a growth of over 50% year-on-year.

• IRCTC is also planning to launch a new mobile app for its air ticketing business in the near future. The new app will offer users a more seamless and convenient experience for booking and managing their flights.

• IRCTC is also in talks with several international airlines to expand its partnerships and offer customers a wider range of flight options.

• IRCTC is also exploring the possibility of launching its own airline in the future. The company is currently in the process of conducting a feasibility study for the project.

These developments indicate that IRCTC is serious about its air ticketing business and is committed to providing customers with a convenient and affordable experience.

In addition to the above, here is another latest fact:

• IRCTC has recently announced that it will be offering a 10% discount on air tickets booked through its website and app for customers using the RuPay card. This offer is valid for all domestic flights booked on or before September 30, 2023.

IRCTC's focus on expanding its air ticketing business and offering customers attractive discounts is a positive development for the Indian travel industry. It is expected to increase competition and drive down prices, benefiting consumers.