As people know, the Indian aviation sector is full of action and stories as we see different airlines facing trouble due to financial issues such as Air India and Jet Airways. However, there are two other airlines, Spicejet and AirAsia India, which are fighting for second place among Indian carriers, after gargantuan low-cost carrier IndiGo.
Spicejet is a low-cost Indian airline which is currently second in terms of the number of passengers carried, with a 13.6% market share. The airline operates 312 daily flights to 55 destinations, including 47 domestic and 7 international destinations from its hubs from Delhi, Kolkata, Mumbai, and Hyderabad, operating with Boeing 737s and Bombardier Q400 aircraft. AirAsia India, on the other hand, operates its hub at Bangalore and is owned by 51% stake held by TATA Sons. The airline is the 4th largest low-cost carrier in India after IndiGo, GoAir, and Spicejet with a market share of 3.3%. AirAsia India is able to operate in India due to a recent government bill permitting foreign companies to invest up to 49% in Indian corporations, which is what Malaysia-based AirAsia did. The airline plans to operate with the world’s lowest unit cost of 1.8 cents per available seat.
25/05/19 Aeronautics
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Spicejet is a low-cost Indian airline which is currently second in terms of the number of passengers carried, with a 13.6% market share. The airline operates 312 daily flights to 55 destinations, including 47 domestic and 7 international destinations from its hubs from Delhi, Kolkata, Mumbai, and Hyderabad, operating with Boeing 737s and Bombardier Q400 aircraft. AirAsia India, on the other hand, operates its hub at Bangalore and is owned by 51% stake held by TATA Sons. The airline is the 4th largest low-cost carrier in India after IndiGo, GoAir, and Spicejet with a market share of 3.3%. AirAsia India is able to operate in India due to a recent government bill permitting foreign companies to invest up to 49% in Indian corporations, which is what Malaysia-based AirAsia did. The airline plans to operate with the world’s lowest unit cost of 1.8 cents per available seat.
25/05/19 Aeronautics
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