It's about time...
Jet (who was acting in conjunction with their price-fixing partner IT to keep fares high) is now going to reduce fares (after it just mildly reduced fuel surcharges) reportedly by 15-40%.
Well, they have finally realized that flying empty planes or discontinuing routes because of lack of passengers is *not* going to work, and being elitist is not the way to go...
Might as well fill the planes now - or decide to go out of business entirely!