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AirAsia India set to take off today

The domestic aviation space is all set to witness severe competition with the entry of AirAsia India, which starts operation from Thursday.
AirAsia India, the Indian arm of the Malaysian no-frills airline headed by Tony Fernandes, will become the fourth budget carrier in the country — after IndiGo, SpiceJet and GoAir — once its maiden flight takes off from Bangalore to Goa at 1510 hours on Thursday. Besides these, the Naresh-Goyal promoted full service airline Jet Airways also operates a low-cost service JetLite.

As of now among the domestic carriers, including full service ones, Rahul Bhatia-promoted IndiGo dominates the local market with 31.6 per cent share, followed by Jet Airways-JetLite combine with 21.8 per cent and Air India with 18.3 per cent, according to Directorate General of Civil Aviation data.
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