AirAsia India is offering flight tickets with base fare of Rs 99 on select routes. According to a report by news agency Indo-Asian News Service (IANS), AirAsia India is offering base fare on flights to seven cities - Bengaluru, Hyderabad, Kochi, Kolkata, New Delhi, Pune and Ranchi. A search on the AirAsia India bookings portal on Wednesday showed tickets for flights from Ranchi to Bhubaneswar on January 31 were available at Rs 466. The ticket price of Rs 466 was inclusive of a base fare of Rs 99, according to the AirAsia India website.

(AirAsia India's Rs 99 base fare offer is open for booking till January 21)

"The promotional fares start from Rs 99 under the dynamic pricing to cities like Bengaluru, Hyderabad, Kochi, Kolkata, New Delhi, Pune and Ranchi," AirAsia India said in a statement, according to the report.

Bookings for the promotional fares - on flights to the seven destinations on AirAsia India's domestic network - are open till January 21, 2018. The fares are applicable on travel till July 31, 2018, according to the AirAsia website. "Airport taxes & other charges extra. Terms and conditions apply," the airline added.

The airline's parent firm AirAsia will also fly its passengers at a base fare of Rs 1,499 from Indian cities to 10 countries in the Asia-Pacific region (APAC), the agency reported. These destinations include Auckland, Bali, Bangkok, Kuala Lampur, Melbourne, Singapore and Sydney.

"The discount applies to bookings made through airasia.com and AirAsia mobile app," the statement added.

AirAsia India has introduced direct daily flights connecting Chennai with Bengaluru and Bhubaneswar, starting at an all-inclusive promotional fare of Rs. 1,299. Bookings under this scheme on the new flights are open till January 21, according to AirAsia website.

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Promotional fares from AirAsia India come at a time the civil aviation market is witnessing high competition amid robust growth in passenger traffic registered in the past few months. Domestic airlines carried 1,059.34 lakh passengers in the first 11 months of 2017 (January-November 2017) as against 903.36 lakh in the corresponding period the previous year - registering a growth of 17.27, according to data from aviation regulator DGCA (Directorate General of Civil Aviation).

AirAsia India is looking at a potential initial public offering (IPO).

AirAsia India Offers Flight Tickets With Base Fare Of Rs 99. Details Here

Bookings under the AirAsia offer - applicable on flights to the seven destinations on AirAsia India's domestic network - are open till January 21, 2018.