Wednesday, June 13, 2007

India on high over low-cost airports

New Delhi: India's low-cost aviation sector is attracting a lot of attention. In fact Singapore's Changi group, which operates one of the world's swankiest airports, is looking to develop no-frills airports just for low cost operators in India.
And they have tied up with Tata as their joint venture partner.
“We've submitted for a bid for three airports by Karnataka government. Through a consortium jointly by Tata and Changi airport,” says regional Vice President Changi Airport NG TIM.
However, what you might miss will be the flashiness of a five-star hotel usually associated with international airports and will mostly likely be greeted by the simplicity of railway station.
For airline companies, a separate airport for low cost operators will result in huge savings by reducing congestion and turnaround times.
Separate airports for low-cost airlines may be new to India but it’s a tried and tested concept in other countries.
In India where there are more than four low-cost players in the domestic sector, this is bound to be a lucrative venture for airport developers.
12/06/07 George Koshy/CNN-IBN
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