AirAsia India offers tickets as low as Rs 600; runs up Rs 26 cr loss in a month

August 29, 2014

New Delhi, Aug 29: After SpiceJet launched its festive season sale offering tickets at Rs 1,888, the newest entrant into the low-cost carrier space AirAsia India is offering promotional fares starting at Rs 600 on advance tickets booked until 31 August.

Air india faresOn its website, the airline is offering the promotional fares on tickets booked till 31 August to fly between 26 October, 2014 and 24 October, 2015.

As per the offer, one-way tickets from Bangalore to Chennai and Kochi will be available at Rs 600 and fares from Bangalore to Goa will be available at Rs 900.

On the Bangalore to Chandigarh and Jaipur routes fares start at Rs 1,900.

AirAsia India will start operations from 5 September to two new routes from Bangalore: Jaipur and Chandigarh. The airline, which is inducting the second aircraft in its fleet, will start daily flights from Bengaluru to Jaipur, Bengaluru to Chandigarh and vice versa.

However, it turns out that despite starting with just two flights the airline has managed to run up a loss of Rs 26 crore in just a month.

In a statement to the Malaysian stock exchange, the promoter of the airline has said that the airline incurred the loss in the month that it has been operational.

While AirAsia managed to get 80 percent occupancy when it began operations, it has since see the numbers fall to around 69 percent after rivals also launched additional flights on the routes it flies, reports . It will be hoping the new scheme helps it revive occupancy again.

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Agencies
August 4,2020

Lucknow, Aug 4: Rashtriya Swayamsewak Sangh (RSS) Chief Mohan Bhagwat on Tuesday left for Ayodhya to attend foundation laying ceremony of Ram Temple tomorrow.

The Prime Minister is scheduled to lay the foundation stone of the Ram temple in Ayodhya on August 5. The construction of Ram temple will begin in Ayodhya after the said ceremony in which various dignitaries from political and religious fields are scheduled to participate.

Bhagwat, along with PM Modi, Uttar Pradesh Chief Minister Yogi Adityanath, Governor Anandiben Patel and President of Ram Mandir Trust, Nitya Gopal Das will be present on stage for the event.

Supreme Court, on November 9 last year, had directed the Central government to hand over the site at Ayodhya for the construction of a Ram temple.

The formation of Shri Ram Janmabhoomi Teertha Kshetra Trust was announced on February 5 for the construction of Ram temple at Ayodhya. The Trust has been mandated by the Central government to oversee the construction of Ram temple in Ayodhya.

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News Network
April 11,2020

Malappuram, Apr 11: Farmers in Malappuram district are facing problems in selling cucumbers and watermelons due to the drop in demand and prices in the market amid the nationwide COVID-19 lockdown.

"We have cultivated cucumbers for our Vishu festival in Kerala. In recent conditions, we are facing issues in selling our crops. In comparison to the previous years, we have a huge production this time," said Saifu, a farmer in the Malappuram district.

"We have also cultivated different kinds of watermelons here. The major issues that we are facing are the low prices and the lockdown," he added.

The nationwide COVID-19 lockdown was imposed by Prime Minister Narendra Modi form March 25 for 21 days as a precautionary measure against the spread of the virus.

According to the Union Ministry of Health and Family Welfare, the total number of positive COVID-19 cases in Kerala is 364. Till now, 123 people have either been cured or discharged, while two deaths have been reported.

The total number of positive coronavirus cases across the country are 7,529 including 6,634 active cases. So far, 652 patients have either been cured or discharged while 242 deaths have been recorded in the country, as per data provided by the Ministry of Health on Saturday evening.

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News Network
June 1,2020

New Delhi, Jun 1: India's COVID-19 tally on Monday witnessed its highest-ever spike of 8,392 cases, while 230 more deaths related to the infection were also reported in the last 24 hours, according to the Union Ministry of Health and Family Welfare (MoHFW).

The total number of coronavirus cases in the country now stands at 1,90,535 including 93,322 active cases, 91,819 cured/discharged/migrated and 5,394 deaths.

COVID-19 cases in Maharashtra continue to soar with the number reaching 67,655. Tamil Nadu's coronavirus count stands at 22,333 while cases in Delhi the number has reached 19,844

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