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SpiceJet starts price war in Sri Lanka

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SpiceJet starts price war in Sri Lanka

Indian budget carrier SpiceJet has launched daily flights to Sri Lanka to exploit the island's post-war tourism prospects. The airlines intends to increase frequencies and add more destinations; it is also offering cut price introductory fares.

"We're a 'no-frills' carrier and our fares are affordable," said Samyukth Sridharan, chief commercial officer of SpiceJet. "Our cost structures are at a level where we can actually make profits by offering those fares… In the next six months we trying to get more flights to Colombo to connect two or three more Indian destinations.”