Airlines bracing for challenging times

With major predictions of a deceleration in domestic air traffic, airlines are lowering seat capacity by reducing the number of flights or dropping fares in order to fill up their seats.
They have also begun the process of reducing the number of aircraft that they were planning to to induct in their fleet as part of their expansion plans.
Management consultancy firm Ernst & Young recently estimated that domestic traffic would grow by 24.16 per cent this year compared to 32.51 per cent last year.
According to the Centre for Asia Pacific Aviation (CAPA), domestic traffic growth for 2008-09 will be 22 per cent compared to 31 per cent last year.
30/03/08 Business Standard

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Categories: Indian Aviation- In General Mar 2008