(MENAFN- Qatar News Agency) Ngalore june 13 (qna) - india's fourth budget carrier airasia india took off from bangalore airport for goa on thursday the carrier's promise to become the "lowest-cost" airline in india has triggered a fresh price war in the sector. most of india's domestic airlines have been mired in losses owing to high fuel costs and intense price competition according to indian express newspaper.
only one of india's six main carriers indigo has been making profits in recent years.
ahead of the launch the airline offered a promotional fare of rs 990 for flights between the two cities signaling that it would make rivals fight to protect their turf.
our long-term goal is to offer air travel at affordable rates and provide an opportunity to every indian to fly. our competition is with the indian railways and not with other airlines" airasia india ceo mittu chandilya said. (qna)
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