Cheapest fares fail to lift Air India's image
AI is offering the lowest fares indicating lack of demand for its services. The trend is visible in both long and short-haul global sectors. In some cases, the airline is offering tickets at nearly half the price of Jet Airways.
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SCRAPBOOK

A CAG report termed the purchases a "recipe for disaster". While acquiring some 110 new planes may have made strategic sense for the national carrier in the mid-2000s, Air India did not have the financial health to sustain a spend of Rs 40,000 crore. What are you comments on this Mr Singh??
T Singh, Mumbai
Excellent interview. Insightful and detailed. Good questions and appropriate answers. Enjoyable read.
Peter Mukerjea, bristol
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ON RECORD
Kaushik Basu
"Given that growth in doing so poorly, and the investment mood is down, some easing up on interest rates in the form of a repo cut is worthwhile at this juncture."
Kaushik Basu
Chief Economic Adviser
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