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Cheap tickets to stay as India's airlines squabble on fare hikes

IndiGo is unperturbed by criticism as well as calls from smaller rival SpiceJet for airlines to work together to raise fares, even if that causes a slight dip in bookings

Photo: Bloomberg
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Photo: Bloomberg

Ragini Saxena | Bloomberg
Top airline bosses agreed on many things at the Wings India airshow in Hyderabad last month: taxes should be reduced and airport capacity must be ramped up. One thing they couldn’t settle upon: whether unfair competition is keeping fares artificially low in what’s already a brutally competitive market. 
 
Sunil Bhaskaran, the chief executive officer of AirAsia India, was upfront. Indian aviation is suffering from “irresponsible competition” that’s kept fares low despite high taxes and fuel prices, he said. Bhaskaran didn’t single out who he was referring to. But the one carrier capable of making the entire market dance to its