AirAsia India, the first airline with foreign investment to - TopicsExpress

AirAsia India, the first airline with foreign investment to operate in India, is set to start flights on Thursday. The airline has been set up by one of Asias biggest low-cost carriers AirAsia and Indias Tata Group. The carrier has said it is aiming to become the lowest-cost airline in India, and that has triggered a fresh price war in the sector. But this extra competition comes at a time when domestic carriers are already facing financial problems. So how can AirAsia India make money in such an environment? bbc/news/business-27806614?OCID=fbbbcindia

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