Will Akasa's Entry Fuel A Price War In Skies? | India Development Debate

The newest airline in town, Akasa Air, today announced ticket sales to four Indian cities. The airline will connect Ahmedabad, Bengaluru, Mumbai and Kochi in its inaugural phase. However, the new entrant could also kick-tart a price war, with the cheapest ticket for Bangalore to Kochi sector priced at Rs. 3,480—over Rs. 200 cheaper than the prices set by other players in the market. Will Akasa Air's entry fuel a price war in the skies? Can the Rakesh-Jhunjhunwala-backed airline reinvigorate the Indian aviation market? Can the new entrants satisfy the unmet demand? We deep-dive on the India Development Debate with Jitendra Bhargava, Former Air India Executive Director and Dhiraj Mathur,, Aviation Expert, Independent Director & Ex-Partner PwC And Retired IAS. Tune in!

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