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Blog Entry# 1452718
Posted: May 03 2015 (12:03)

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May 03 2015 (12:03)   02053xX/Mumbai CSMT - Patna SF Special | CSTM/Mumbai CSM Terminus (18 PFs)
 
~   6290 blog posts
Entry# 1452718            Tags  
3-tier AC train fares dearer than 2-tier ones
Manthank Mehta,TNN | May 3, 2015, 04.38 AM IST
3-tier AC train fares dearer than 2-tier ones
In the dynamic pricing system, the fare between two destinations keeps increasing as seats get booked and the departure date comes forward.
MUMBAI:
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Premium trains that run with dynamic fare pricing based on demand have strange "dynamics" that may make travel by 3-tier airconditioned (3A) coaches costlier compared to 2-tier AC (2A) ones and in some cases, even to air fares.
The dynamic pricing system operates on the lines of the airline booking model. For premium trains, the initial fare is equivalent to the tatkal fare. However, it keeps increasing as seats get booked and the departure date comes forward. However, the fare cannot increase more than 100% of the tatkal fare.
When TOI checked fares for dynamic pricing on Saturday, it found that fares of 3-tier AC were higher compared to those for 2-tier AC. For example, the CST-Patna premium train, scheduled to depart on May 12, had availability of 68 berths in 3AC and 42 in 2AC. The fare quoted at 5.15pm was Rs 6,369 for 3AC and Rs 6,004 for 2AC. Booking for the Mumbai Central-New Delhi premium train for May 6 was along similar lines. The 3AC fare was Rs 3,634 with 336 seats available, and the 2AC fare was Rs 3,299 with 79 berths available.
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