While the airline market in India he Indian airline industry has been going through a turbulent period for several months, with Kingfisher threatened with extinction, but a new player is set to land on the vast Indian market. Air Asia has confirmed its intention to launch a low-cost airline, drawing on the funds of Tata - a key economic player in India - and Telestra Tradeplace. The new carrier is expected to be based in Chennai, in the south of the country, and to begin operations at the end of 2013.
