He said that even at 70,000 rupees/kilolitre, the airline will offer nano fares. But he refused to speculate on the fares or when the airline will start its operations.
Earlier, Tony Fernandes, along with Ratan Tata, advisor to the AirAsia India board, and other senior Tata officials met Civil Aviation Minister Ajit Aingh.
Ratan Tata and Tony drove in a Jaguar, while a second black Jaguar carried Mittu Chandilya, CEO of AirAsia India operations, and others. In his tweet this morning, Fernandes said: My new pilot Sir Ratan Tata flying me to Delhi. Another way AirAsia cuts costs.
He added that he will be meeting five ministers during his stay in the Capital. He will be meeting Commerce Minister Anand Sharma after meeting Ajit Singh.
Fernandes tweeted: Excellent meeting with Minister of Aviation Mr Ajit Singh. He is very very keen to increase connectivity. Aviation is for the common man.