Kingfisher Airlines Chairman and CEO Vijay Mallya said that "the days of discounting and cut-price ticketing are over" in India. "Airfares are going to reflect the actual costs of operation. All of them," he told the Centre for Asia Pacific Aviation's annual Aviation & Tourism Investor Summit in Mumbai. He signaled that fares soon may be rising at LCC Air Deccan, in which Kingfisher parent United Breweries Group recently acquired 26% (ATWOnline, June 4). He said Deccan needs an ...

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