Wednesday, March 23, 2016

Battle for the sky heats up ahead of summer

New Delhi: New airline companies are targeting the Indian summer season to increase their market share, which has been stagnant for some time.

Data from the Director General Civil Aviation (DGCA) shows new airlines like Vistara and Air Asia have decided to increase the number of flights to cash in on a market that has been one of the fastest growing in the world.

Take for instance Vistara, the Tata-Singapore Airlines joint venture which started its operation in 2015, it has decided to almost double the number of flights to 334 in the summer schedule as compared to 176 in the summer schedule of 2015. Air Asia, which has been struggling to increase its market share, is increasing the number of flights by 66 per cent to 280 from 168 in the year-ago period.

The new regional carriers Air Pegasus and Trujet, which started flying in mid-2015 and have also notched up good passenger growth, are adding 120 and 112 flights, respectively.
23/03/16 Business Standard
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