Friday, October 17, 2014

AirAsia India profitable on 4 out of 5 routes: CEO

According to a report by Adith Charlie in The Hindu Business Line, Mittu Chandilya, CEO, AirAsia India, said that the airline is making profits on four out of the five routes it operates in the country. Bengaluru-Chennai is the carrier’s only loss-making route as it has to offer low fares amid high competition from other modes of transport.

“In this (Bengaluru-Chennai) route, the competition is high from buses, trains and other carriers. This is telling on our pricing,” Chandilya said, on the sidelines of the SITA India Aviation ICT Forum in Jaipur yesterday. The low-cost carrier currently offers services from Bengaluru to Goa (two daily flights), Kochi, Jaipur, Chandigarh, and Chennai.
17/10/14 TravelBizMonitor
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