Rule of 3 dominates skies with 80% mkt share

It could soon be the rule of 3 again! With 80 % market share under their wings, 3 airlines are dominating the skies. These airlines will change the dynamics of Indian aviation reports CNBC-TV18.
This time around the battle in the Indian skies seems to be for profitability! The three major airline groups- Jet and Jet lite, Kingfisher with Deccan and Air India and Indian combine seem focussed on bouncing back into the black. With over 80% of the market under their fold - the task may be simpler. The three could dominate the fare structures in the market- experts say come October and fares could go up by 10-15% and may be a tad more on the metro routes.
Experts say that consolidation in the Indian aviation Industry happened faster than in most other countries. But consolidation may not yield immediate results unless the big 3 bring back price sanity in the market.
05/07/07 Moneycontrol.com

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Categories: General Aviation Jul 2007