Friday, January 22, 2010

Jet, KF, AI to push int'l biz

Mumbai: If its globe trotting you're into, you could soon be spoilt for choices be it Johannesburg, Dubai, Washington or Boston, if you want to fly to these cities this summer most Indian airlines will be vying for your wallet as Jet Airways, Kingfisher and Air India plan to add flights to these destinations to leverage the upcoming peak travel season especially as travel agents say that cheap tickets to the Europe and America are getting sold out, during the March and May period.
Consumer confidence apart, the Indian aviation appears to be in recovery mode. Air traffic grew nearly 8% in 2009 over the previous year and airlines carried over 445 lakh passengers versus 413 lakh in 2008, in fact, international operations contributed 62% of Jet Airways' September quarter revenues in 2008, up from 12% in the 2005-2006 fiscal. Meanwhile, Kingfisher has upped capacity to London, Colombo and Dhaka and is now keen to launch a Mumbai-Dubai flight after its success on the Bangalore - Dubai sector.
Jet too is keen to launch Mumbai-Johannesburg as experts say there is a lot of business opportunity between India and South Africa as about 92,600 passengers flew between Mumbai and Johannesburg in 2007-08 given the strong NRI and student population there.
19/01/10 Shuchi Srivastava/Bloomberg UTV
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