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Tuesday, 3 June 2014

SpiceJet welcomes AirAsia with fresh fare war

New Delhi: Even before AirAsia India takes to the skies from June 12, a fare war in anticipation of the tough competition the new player will bring has already started. On Thursday, a day before AirAsia India opened its ticket sales, the country’s second-largest low-cost carrier (LCC) SpiceJet announced discounted fares starting Rs 1,499, for exactly the same two routes that the new airline will start with — Bangalore-Goa and Bangalore-Chennai, sources said.
What is even more interesting is that the offer is for travel starting June 12, exactly the same day that AirAsia starts operations. SpiceJet, in fact, has not kept a closing date for the offer, which is a departure from previous sales and which means that one can effectively book tickets at discounted fares for the routes valid for travel till the end of the year.

It is not surprising that domestic players are getting aggressive, especially when barring IndiGo every other airline is notching up losses and is deep in debt.
Read news in full 31/05/14 Roudra Bhattacharya/Financial Express
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