AirAsia India has reported a loss for the first full quarter (July-September 2014) of Rs29 crore. In a press release, AirAsia India points out that low load factors combined with a higher than expected cost per passenger kilometre are the two main features of the first quarter of operations along with some high start-up costs. All of this was expected and everyone will be watching to see if the “we will turn into profit by the end of September 2014” statement from AirAsia India will be proved correct. Following the launch sale surge, load factors fell away somewhat during August

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