AirAsia will offer free tickets when it starts operations: Tony Fernandes
New Delhi: AirAsia CEO, Tony Fernandes, today said the airline will offer free tickets when it starts operations.
The airline's menu will include fresh bread and hot food like biryani. But airfares will be the most important consideration, the Group CEO said. Fernandes added that the existing 'five years and 20 aircraft' rule before an Indian airline is allowed to go abroad does not make sense. "Probably Naresh (Goyal) or someone put it down."
Addressing a press conference with Tony Fernandes, Mitu Chandilya, CEO, AirAsia India, today said he was bullish on India's aviation sector. He hoped that AirAsia India would one day be bigger than the AirAsia Group. "There is a huge opportunity... can understand the costs and other issues," he said.
According to Fernandes, Air India should be in the hands of the Government. He said it was a great airline when he was young. However, he added that he was not interested in picking up a stake in Air India. The Tata Group, Tony Fernandes' partner in AirAsia India airline, had earlier tied up with Singapore Airlines to bid for Air India.
Deccan Airlines went down as it did not have balance sheet and people priced it out of the market, Fernandes said. According to Tony Fernandes, "Vijay Mallya and Naresh said we have cash... let's make him lose cash."