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AirAsia debuts in India amid price war

It sets a target for its India venture to break even in just four months
Friday, June 13, 2014 - 06:00
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Mr Fernandes: 'We've taken a long, long time, and we feel good that the timing is right to enter the Indian market.' AirAsia (India) will use an Airbus A320 plane on its maiden flight from the southern city of Bangalore to the beachside destination Goa. - PHOTO: REUTERS

[NEW DELHI] Asia's biggest budget carrier has set a target for its India venture to break even in four months. Some of its local rivals haven't achieved that in three years. The India venture of AirAsia Bhd started operations yesterday as airlines in the world's second-most populous nation offer