The budget carrier will, between July 8 and 10, sell a million seats at base fares of Rs 999 for travel between 6th January and October 24th, 2015.
In an interview to ET, Fernandes said the key lesson he has learnt in the last one-and-half year of waiting is perseverance.
The airline will in the first four months "build its brand" offering low fares and getting traffic on its flights, said Benyamin Bin Ismail.
Nine investment banks to bid for Rs 2,500 crore IndiGo IPO; to be the biggest ever in India's aviation industry
The banks include Bank of America Merrill Lynch, JP Morgan, Goldman Sachs, Morgan Stanley, Citigroup, Barclays, UBS, Credit Suisse and BNP Paribas.
The airline’s customer-service division has raised the issue but no number has yet been proposed to the human resources department.
Offer included eye-catching figure of Rs 1,999 for a Delhi & Goa trip though tickets would have to be bought before 30 June. IndiGo responded with similar offer.
Air India is likely to be inducted into one of the largest interline networks of the world by Tuesday, a senior airline official said.
Indian carriers will protest against Bangalore airport’s recent decision to give discounts to airlines which use it as their base, senior executives said.
The tribunal has directed Maldives and the state-owned Maldives Airports Company (MACL) to pay $4 million legal damages to GMR within 42 days.
The tough moves augur well for the loss-making airline, one of whose main problems is a large wage bill, which is a large chunk of its losses.
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