Fares offered by Akasa Air are competitive and not leading to a price war, Praveen Iyer, co-founder and chief commercial officer of India’s youngest airline, said.
“Our goal is not to dump capacity and, as a result, dump pricing. Our objective is to be sustainable long-term players. Even the routes we operate are pretty mature and stable, and need capacity. That’s exactly the reason we have managed to hit reasonable load factors in such a short span of time. So, there is no intent to trigger a price war either in action or on paper, absolutely not,” he said in an interview.