What is flexible fare of train?
Table of Contents
What is flexible fare of train?
Under the scheme, dubbed “Flexi fares” by railways, base fares will increase 10\% with every 10\% of berth sold, subject to a ceiling for 1.5 times the base fare, for most classes except third AC for which the ceiling will be 1.4. This means a half-empty train will still see fares at one and a half times current levels.
What is Flexi pricing?
Flexible pricing is a business strategy in which a product’s final price is open for negotiation. In other words, customers and sellers can get together and try to alter the price, i.e., either knock it down or push it up. Flexible pricing does not only apply to the price of goods but services too.
What is Flexi fare in Irctc air?
Product Description :
| Flexi Plus | Domestic |
|---|---|
| Fare Description | Attractive Fare inclusive of Seat, Flexibility to Change and lower Cancellation Fees |
| 6E Tiffin(Snacks/Meal) | Complimentary. Note: As per govt. regulations, no food & beverages will be available on domestic flights shorter than 2 hr duration. |
| Standard seat | Included |
What is Flexi fare system in IndiGo?
The Flexi Fare option provides flexibility to the flyers to make unlimited changes to travel dates without incurring a change fee, says IndiGo. Called Flexi Fares, this IndiGo facility has to be opted by a user while booking his or her flight ticket.
What does flexible ticket mean?
Broadly speaking, a flexible flight ticket is one you can change or even cancel without paying a fee. These ticket policies differ between airlines. You need to set a date when you book most flights. However, if you buy a flexible ticket, you can move the flight date and time until the ticket’s validity period ends.
What is the difference between flex and semi flex?
The Semi-flex tab offers tickets that may be exchanged or refunded (depending on their individual conditions) a certain time prior to departure and/or for a small fee. The Flexible tab offers tickets that can be exchanged or refunded at any time before departure without added costs or restrictions.
How do flexi flights work?
Flexible tickets are sometimes called ‘flexi flights’ or open tickets and are airline tickets with special allowances for departure dates. Flexible tickets allow the ticket holder to make changes to the departure date and time of the flight after the ticket has been purchased.
What is the meaning of Flexi?
noun. a system permitting flexibility of working hours at the beginning or end of the day, provided an agreed period of each day ( core time) is spent at work. Also called (informal): flexi.
Is flexible ticket refundable?
Partially refundable and flexible tickets: though fully flexible and changeable, the ticket may only be partially refundable. Refundable and flexible tickets: most refundable tickets are refundable up to two hours before departure and will not be refundable if you miss the flight.
What does semi flex mean?
Definition of semiflexible 1 : somewhat flexible. 2 of a book cover : having a thin board stiffener under the covering material.
What is semi flex class?
Economy Semi-Flexible: You can change and cancel for a fee. Economy Flexible: You can cancel and change date for free. For free is only the change. If there is a difference in fare price, that will always be charged. Now the key question is, how much is the change fee.
What is the Flexi-Fare system in Indian Railways?
The Indian Railway Catering and Tourism Corporation (IRCTC) had introduced the flexi-fare system on the base fares of Rajdhani Express, Shatabdi Express and Duronto Express class of trains. Earlier last year itself, the Indian Railways had scrapped the flexi-fare system on about 15 trains and reduced the flexi-fare rate on more than 100 trains.
How were the amendments in the Flexi-Fare system made?
The amendments in the flexi-fare system or the dynamic pricing were done on the basis of the recommendations of the designated review committee, Comptroller and Auditor General (CAG) report and the feedback received from passengers.
What is the Tatkal quota under the Flexi-Fare system?
In the flexi-fare system, the present limit of berths set aside for tatkal quota in these trains is operated as per the existing guidelines. However, no additional charges as tatkal charges will be levied. The berths assigned under the tatkal quota shall be booked at the rate of 1.5 times of the base fare for all classes (2S, SL, 2A, 3A and CC).