Mumbai: AirAsia India's maiden flight took off from Bangalore to Goa on Thursday.
AirAsia India, the Indian arm of the Malaysian no-frills airline headed by Tony Fernandes, has thus become the fourth budget carrier in the country -- after IndiGo, SpiceJet and GoAir.
Besides these, the Naresh-Goyal promoted full service airline Jet Airways also operates a low-cost service JetLite.
As of now among the domestic carriers, including full service ones, Rahul Bhatia-promoted IndiGo dominates the local market with 31.6 percent share, followed by Jet Airways-JetLite combine with 21.8 percent and Air India with 18.3 percent, according to Directorate General of Civil Aviation data for April traffic.
While SpiceJet had a 17.9 percent market share in April this year, GoAir had 9.5 percent.
AirAsia India, whose top officials have promised to offer low and competitive airfares, will focus on connecting tier-II cities to begin with.
"Our airlines' fares will be about 35 percent lower than the current market rates," AirAsia India Chief Executive Mittu Chandilya had earlier said.
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.
Read news in full 12/06/14 PTI/ZeeNews
AirAsia India, the Indian arm of the Malaysian no-frills airline headed by Tony Fernandes, has thus become the fourth budget carrier in the country -- after IndiGo, SpiceJet and GoAir.
Besides these, the Naresh-Goyal promoted full service airline Jet Airways also operates a low-cost service JetLite.
As of now among the domestic carriers, including full service ones, Rahul Bhatia-promoted IndiGo dominates the local market with 31.6 percent share, followed by Jet Airways-JetLite combine with 21.8 percent and Air India with 18.3 percent, according to Directorate General of Civil Aviation data for April traffic.
While SpiceJet had a 17.9 percent market share in April this year, GoAir had 9.5 percent.
AirAsia India, whose top officials have promised to offer low and competitive airfares, will focus on connecting tier-II cities to begin with.
"Our airlines' fares will be about 35 percent lower than the current market rates," AirAsia India Chief Executive Mittu Chandilya had earlier said.
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.
Read news in full 12/06/14 PTI/ZeeNews
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