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AirAsia buffeted in India by price wars and stringent rules

AirAsia is revising its strategy as it ended up with just one per cent of India's passenger market after its first year of operation.

New Delhi

WHEN the fast-growing Malaysian carrier AirAsia wanted to expand, India looked like the ideal frontier.

The country had hundreds of millions of potential first-time fliers, many in second and third-tier cities that have just a few flights a day. With one-way airfares as

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