Jet Airways offering up to 68% off seems too good to be true

Jet Airways, along with Etihad, is currently running a promotion (Freedom Sale) that offers 20% and 68% off on tickets booked between 15 and 19 August 2014, and travel between 15 September 2014 and 30 June 2015, for both international and domestic sectors, in both economy and business class!

The discount is applicable on:

• Base fare + Fuel Surcharge, for domestic economy class
• Base fare only, for domestic business class 
• Base fare only, for international flights on both domestic and business classes

I checked out some of the fares, and they certainly are heavily discounted in economy - though unusually for Jet, they aren't showing the extent of discount (they normally do this by showing the original price cancelled, and the new price). So it isn't possible to figure out easily as to how much the discount actually is. Also, there seem to be capacity controls, so only limited seats, that too only on specific booking classes, are eligible for this offer.

Based on what I saw for some random dates, the domestic sectors seem to be quite heavily discounted, not so much on international routes.

This is for MAA-DEL. Note the sub Rs 3k fares!

And here's BOM-DEL, also showing some fares sub Rs 3k.

Now these aren't an exhaustive set of samples, but seem to be quite reflective of the prices available generally. And consistent with the announcement, it looks like there aren't too many international segments with heavily discounted fares. In particular, the fare classes eligible for discount depend on the sector (see T&Cs below), so do take note.

You can access this offer on the landing page here.

My net takeaway from this promotion is that domestic economy fares will get you the best discounts. I'm not saying there's nothing on the others (domestic business class, and all international travel), but the level of discounting isn't as high as for domestic economy. However, I must add that when I compare this offer with fares from other airlines, Jet does seem to have the lowest across many sectors.

Here are the T&Cs:

For flights within India

• 20% to 68% discount is offered on all flights within India*
• Valid for travel in Première and Economy on flights operated by Jet Airways and JetKonnect
• Tickets must be purchased on or after August 15, 2014 and on or before August 19, 2014
• Travel Restrictions:
• Travel must commence and be completed between September 15, 2014 and June 30, 2015
• Blackout period applicable as per fare rules
• Discount is applicable on select booking classes only
• Première – P and I
• Economy – B, O, W
• Child and infant discount is not permitted
• Date change charges will be applicable as per fare rules
• Tickets purchased under this offer are non-refundable
• Limited seats available on a first come first serve basis
• This offer cannot be combined with any other offer
• Jet Airways reserves the right at any time, without prior notice to add, alter, modify, change or vary all or any of these terms and conditions or to replace wholly or in part, the above offer by another offer, whether similar to above offer or not, or to withdraw it altogether
• Note: Discount is offered on Base Fare plus Fuel Surcharge for Economy fares and only on Base Fare for Première fares. 

For International flights

• 20% to 68% discount is offered on flights from India to Gulf, Middle East, Africa, USA, Canada, Europe, SAARC and ASEAN destinations*
• Valid for travel in Première and Economy on flights operated by Jet Airways and Etihad Airways (codeshare /interline flights)
• Tickets must be purchased on or after August 15, 2014 and on or before August 19, 2014
• Travel Restrictions:
• Travel must commence and be completed between September 15, 2014 and June 30, 2015
• Blackout period applicable as per fare rules
• Discount is applicable on select booking classes as mentioned below
• Première – ‘P’
• Economy
• India to Gulf, Middle East, Africa and Europe – ‘O’
• India to SAARC and ASEAN – ‘W’
• India to US and Canada – ‘W’ ( via Brussels) and ‘O’ ( via Abu Dhabi)
• Child and infant discount is applicable as per fare rules
• Date change charges will be applicable as per fare rules
• Refund Restrictions:
• Economy – Tickets are non-refundable
• Première – Refund charges are applicable as per fare rules
• Limited seats available on a first come first serve basis
• This offer cannot be combined with any other offer
• Jet Airways reserves the right at any time, without prior notice to add, alter, modify, change or vary all or any of these terms and conditions or to replace wholly or in part, the above offer by another offer, whether similar to above offer or not, or to withdraw it altogether
• Discount is offered on Base Fare only.