Thursday, April 30, 2009

Indigo airline adds six more flights to its operation

New Delhi: Low-cost airline IndiGo on Wednesday announced to add six more flights to its operation even as the domestic demand continues to be weak.
Rival SpiceJet is also planning to introduce similar number of flights by the end of May. While IndiGo is expected to add five more aircraft to its existing fleet, SpiceJet is scheduled to take the delivery of one airplane by the end of the current fiscal.
The development comes at a time when private network carriers are rationalising routes and reducing their fleet size to contain losses.
"We have had highest load factor (average passengers per available seat kilometre) in the market in the recent time. Apart from this other economic performance is such that we have to expand. There is till huge demand for low-fare travel," IndiGo president Aditya Ghosh told ET.
Consulting firm Centre for Asia Pacific and Aviation (CAPA) India head Kapil Kaul, however, said that the two budget carriers SpiceJet and IndiGo need to hold on their capacities to ensure increased fleet utilisation.
29/04/09 Economic Times
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