Monday, March 24, 2014

India's Entire Aviation Industry Tried To Block Us, Says Fernandes

New Delhi:  AirAsia's Group Chief Executive Officer, Tan Sri Tony Fernandes has acknowledged that getting a flying licence in India has been tough.
In an interview with ET Now, he said: "The entire aviation industry has tried to block us."
He said in any country that AirAsia has gone, it has never experienced an industry that has ganged up against it.
"Many people don't want us to start, which means that we must be quite good," he added.
Fernandes said the key to AirAsia's India plans was getting a licence.
"The plan remains the same. Our fares will be very aggressive. We will stimulate the market," he said.
Asked about the tough competition that AirAsia India will face in the Indian market, Fernandes told the Indian media, "What I am appealing to is a new market."
"No one is really a low-cost carrier in India right now. If you look at the fares charged by Indigo, Spicejet ... the common man has not benefited. There is no real low-cost carrier. Deccan was the last one, but that had an unsustainable model," he said.
24/03/14 Bernama
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