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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News Network
April 12,2020

New Delhi, Apr 12: With 34 deaths and 909 new positive COVID-19 cases in the last 24 hours, the total number of coronavirus cases in India on Sunday climbed to 8356, including 716 cured and discharged and 273 deaths, said the Ministry of Health and Family Welfare.

At present, there are 7367 active COVID-19 cases in the country.

"A total number of COVID-19 positive cases rises to 8356 in India, including 716 cured/discharged, 273 deaths and 1 migrated," said the Health Department.

The highest number of positive cases of coronavirus was reported from Maharashtra at 1761, including 127 deaths, followed by Delhi (1069 and 19 deaths), Tamil Nadu (969 and 10 deaths) and Rajasthan (700 and 3 deaths).

There are 452 coronavirus positive cases in Uttar Pradesh, including 45 cured and discharged and 5 deaths.

The states which have crossed 200-mark for COVID-19 positive cases also include Madhya Pradesh (532), Telangana (504), Gujarat (432), Andhra Pradesh (381) and Kerala (364).

While 19 people were detected positive for coronavirus in Chandigarh, 207 cases were confirmed from Jammu and Kashmir and 15 from Ladakh.

In North-East, Assam has confirmed the highest number of corona positive cases at 29, followed by Manipur and Tripur at two each and Mizoram, Arunachal Pradesh at one each.

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Agencies
January 19,2020

Thiruvananthapuram, Jan 19: The CPI(M) will soon launch a nation-wide house-to-house campaign to explain to the people, the 'link' between CAA-NPR-NRC, party general secretary, Sitaram Yechury said on Sunday.

The intense campaign will take place all over the country, he said while briefing the media about the three-day central committee held at Vilapilsala near here.

The central committee also urged the people not to answer the NPR questions.

"The Central committee has called upon the people not to answer any questions concerning the NPR when the enumerators come to their houses...," the left leader said.

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Agencies
May 6,2020

New Delhi, May 6: The Central Board of Indirect Taxes and Customs (CBIC) has extended the validity of electronic way (E-way) bills, whose expiry date fell between March 20 and April 15, till May 31.

"Notification No. 40/2020-Central Tax issued to extend the validity of e-way bills till May 31 for all those e-way bills which were generated on or before March 24, 2020 and had expiry between the period from March 20 to April 15, 2020," the CBIC tweeted on Tuesday.

E-way bill is produced by transporters and businessmen before a Goods and Services Tax (GST) inspector for moving goods worth over Rs 50,000 from one state to another.

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