The entry of Jet Airways and Akasa Air into the aviation sector in India along with the revamped Air India has created a lot of buzz. The development means a lot for the existing players as it will increase the competition, which is good for customers because it may lead to lower prices in the aviation industry and there will be more airlines to choose from. However, airlines may have to cut down on expenses in order to offer cheaper flight tickets.
What will be the other impacts? Read >>
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