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Aviation regulator DGCA grants operating permit to AirAsia India:
NEW DELHI: India's seventh airline was officially born on Wednesday as AirAsia India's year-long wait to get all the approvals culminated with the DGCA granting the air operator's permit on Wednesday.
"We would realistically start operations in anywhere between one to three months given the fact that a new government will be in place soon," said Mittu Chandilya, chief executive officer, AirAsia India.
Chandilya added AirAsia India will look to price their tickets nearly 35 per cent lower than the average fares in the market currently. "I think we can still make money despite offering lower fares, otherwise I wouldn't be here," he added. However, on the potential routes, Chandilya remained coy and said there are three sets of networks they have in mind.
"Possibly the first flight could be out of Chennai but that may change," he said adding AirAsia India will most likely fly to all metros but exclude Mumbai. "Our network isn't finalised yet but we are looking at a 60:40 ratio of Tier II routes to metro routes with 60 being Tier II," Chandilya said.
Aviation regulator DGCA grants operating permit to AirAsia India: Official - The Economic Times
NEW DELHI: India's seventh airline was officially born on Wednesday as AirAsia India's year-long wait to get all the approvals culminated with the DGCA granting the air operator's permit on Wednesday.
"We would realistically start operations in anywhere between one to three months given the fact that a new government will be in place soon," said Mittu Chandilya, chief executive officer, AirAsia India.
Chandilya added AirAsia India will look to price their tickets nearly 35 per cent lower than the average fares in the market currently. "I think we can still make money despite offering lower fares, otherwise I wouldn't be here," he added. However, on the potential routes, Chandilya remained coy and said there are three sets of networks they have in mind.
"Possibly the first flight could be out of Chennai but that may change," he said adding AirAsia India will most likely fly to all metros but exclude Mumbai. "Our network isn't finalised yet but we are looking at a 60:40 ratio of Tier II routes to metro routes with 60 being Tier II," Chandilya said.
Aviation regulator DGCA grants operating permit to AirAsia India: Official - The Economic Times