Gulf carriers like Emirates, Qatar Airways and Etihad slash fares to draw hub traffic from India - The Economic Times:
"Gulf carriers which aggressively increased flights to the west in the last two years are now undercutting each others' ticket prices to get the biggest chunk of their hub traffic from India.
For instance, Emirates started this year with discounted ticket fares up to travel in June on destinations as Zurich, London, New York and Houston from Mumbai. The economy class fares under the scheme were Rs 42,099, about a 5%-7% cut on its earlier fares.
The announcement was the premium carrier's seventh since February 2013. Other offers during the year included Mumbai-Dubai business class tickets as low as Rs 57,590. "
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