International Airlines to Expand in India Despite Aviation Market Downturn

Global airlines AirAsia and FlyDubai are set on expanding its India operations despite a downturn in the overall international global aviation market.
Both airlines are bullish on the future potential of the India market. Airbus Industrie forecasts that the India and China market will account for 31 percent of total aircraft demand in the next 20 years.
AirAsia will launch direct flights to Kolkata, Kochi and Thiruvananthapuram from Kuala Lumpur by November in addition to its ongoing flight to Trichi launched last year. FlyDubai has also laid out expansion plans in India until 2011 with pending applications to operate flights to Chandigarh, Coimbatore and Lucknow reports The Financial Express.
International carriers will be able to drive revenue in India by offering competitive prices that boost passenger numbers. Hong Kong-based Cathay Pacific in India is offering affordable holiday packages beginning at Rs 43,241 to attract more consumers.
Samara Capital principal consultant Raj Halve told The Financial Express: “India has a growth story with consumers ready to spend on their travel. Being a developing country, airline operators find a huge potential to enhance revenues.”
23/10/09 2point6billion.com

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Categories: Foreign Oct 2009, Indian Aviation- In General Oct 2009, New Oct 2009