Friday, July 27, 2012

IndiGo grows big, asks for concession, takes on govt

New Delhi/ Mumbai: IndiGo, the largest low-cost carrier in India, is pushing the government to offer incentives such as discounts on fuel and lower airport charges to the airlines that perform well.
The airline’s recent criticism that the civil aviation ministry is “tweaking with policies for a select few” is actually a pressure tactic aimed at pushing the government to help better performing carriers, according to analysts. The airline’s president Aditya Ghosh had said a few months earlier that he wanted the government to turn its focus to better performing airline companies.
IndiGo, run by InterGlobe Enterprises Ltd, controls almost 26 per cent of the domestic air passenger market and is moving closer to the country’s largest airline Jet Airways (India) Ltd, which has a 27.4 per cent share.
27/07/12 Business Standard
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