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Wednesday, 13 August 2014

AirAsia Ups the Ante with 20% Fare Discount

BANGALORE: Low-cost carrier AirAsia on Wednesday reignited a ‘fare war’ as the Indian arm of the Malaysian carrier announced a 20% discount on fares on all its flights for a limited period.

Though Indian carriers, barring low-cost carrier IndiGo Airlines, have reported mounting losses in recent quarters, they have refrained from offering heavy discounts. Kalanithi Maran promoted SpiceJet has been at the forefront of the ‘fare wars’ despite reporting a Rs 1,003.24 crore net loss for the finanical year 2013-14.
Read news in full  newindianexpress.

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