Saturday, August 17, 2019

Despite slow down in the aviation sector bookings for Premium-economy and business-class surge

According to a report by Forum Gandhi in The Business Line, even as there are concerns around the overall slump in the aviation sector, premium economy saw its bookings surge up to 50 per cent, while that of business class rose by 15 per cent, according to industry players.
Travel companies such as Cleartrip have seen a rapid growth in this segment, though it is in its nascent stage in India.
“The premium economy segment is witnessing a growth in excess of 50 per cent for both domestic and international,” said Balu Ramachandran, Senior Vice- President, Cleartrip. According to him, currently, this segment is seeing a rapid growth due to Vistara’s expansion plans.
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