New Delhi: After making the skies more affordable for millions of Indians in the domestic aviation space, India's low-cost carriers are now promising the same in international travel.
Come August, air travellers from India will have the option to choose from three budget carriers to fly overseas, with privately-run IndiGo set to join SpiceJet and the state-run Air India Express in the international circuit.
SpiceJet has already started the process for expanding its operations in the overseas segment, while IndiGo is gearing up for a grand entry, according to analysts, who say this may prove to be a game-changer in India's international civil aviation segment.
'Yes, it will have an impact on the market,' said Amber Dubey, director for defence and aerospace with global consultancy KPMG, referring to the current scenario, where Indian carriers transport up to 40 percent of Indian passengers travelling overseas.
'This is an extremely positive development. It will certainly boost competition, improve the operational efficiencies of carriers and, more importantly, offer better deals for the Indian passengers flying abroad,' Dubey told IANS.
With the norms governing Indian carriers to fly abroad requiring minimum five years of operations and 20 aircraft, IndiGo is set to get the necessary regulatory approvals in August. SpiceJet, on the other hand, got the approvals from October.
'It is a great thing for our company to provide services in the international segment. I feel we will be able to give good value to passengers who were paying astronomical fares to international players,' Aditya Ghosh, IndiGo's president, told IANS.
06/03/11 IANS/Sify
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