Tomorrow people can see AirAsia India in the skies
Posted on: 11/Jun/2014 12:02:34 PM
AirAsia India, the Indian arm of the Malaysian no-frills airline headed by Tony Fernandes, will become the fourth budget carrier in the country, after IndiGo, SpiceJet and GoAir, once its maiden flight takes off from Bangalore to Goa at 1510 hours tommorow.The new entrant has already triggered the fare war by announcing fares as low as Rs. 990 for its Bangalore-Goa and Bangalore-Chennai routes, forcing the rival carriers, including IndiGo to come out with matching fares.
Not only this, 25,000 seats were also booked within 48 hours of the announcement.
AirAsia India, a 49:30:21 joint venture between Malaysian carrier AirAsia, Tata Sons and Arun Bhatia`s Telestra Tradeplace, was granted flying licence by aviation regulator DGCA last month, after 9-month-long wait and various legal hurdles.
At present, AirAsia, through its operations based in Thailand and Malaysia, flies to Chennai, Bangalore, Kochi, Tiruchirappalli and Kolkata from several destinations in the ASEAN region.
AirAsia had announced its joint venture with Tata Sons and Telestra Tradeplace in February 2013, four months after the then UPA government allowed up to 49 per cent FDI in domestic airlines by foreign carriers.
