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Low-Cost Domestic Airlines Planned in India
Online Stock Market Trading India's aviation sector is set for a boost with a host of low-cost airlines preparing to enter the market in the coming months. The concept of budget airlines is new in India.
- India%š domestic airlines offer 8, 600 more flights and 1.7 million more seats year on year
- 62% year on year growth in domestic low cost sector
- Low cost operations account for 44% of all flights within India [compared to 22% in UK and 19% in US]
- International flights show continuous growth, doubled since May 2001
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- Indiaa s domestic airlines offer 8, 600 more flights and 1.7 million more seats year on year
- 62% year on year growth in domestic low cost sector
- Low cost operations account for 44% of all flights within India [compared to 22% in UK and 19% in US]
- International flights show continuous growth, doubled since May 2001
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There are not many direct flights to Kathmandus international airport, except from Frankfurt, Bangkok or Dhaka, with most international flights originating in India. Domestic airlines fly throughout the country, with the most popular route being Pokhara to Kathmandu. There are bus services that run from various cities in northern India to Kathmandu, and more expensive tourist minibuses that travel from Pokhara and Chitwan.
Stock Investing Game Aug 9, 2004 (AXcess News) New Delhi - India's aviation sector is set for a boost with a host of low-cost airlines preparing to enter the market in the coming months. The concept of budget airlines is new in India.India's only low-cost airline, Air Deccan, began operating in Southern India last year. Buoyed by Air Deccan's success, a number of other operators are preparing to take to the skies to lure budget travelers. These low-cost carriers hope to change the way Indians look at air travel.
While airlines continue to pour their resources into the rest of the world, aviation activity in the Americas remains flat, according to the latest figures from OAG... 12 July 2006 Airlines Plan for Third Successive Summer of Growing Travel Demand More than 290 million seats go on sale this month as the world%š airlines operate nearly 2.5 million domestic and international flights % the highest July figure since the turn of the 21st century, and the third successive annual increase....
Journal Prime Rate Street Wall Domestic airfares in India are expensive by global standards, due to high fuel and other operating costs. As a result, domestic air travel has been mostly restricted to business travelers or the wealthy.But the chief revenue officer of Deccan Airlines, John Kuruvilla, says operators want to bring on board a growing middle class that has traditionally opted for cheaper rail fares. He says they are going after the railways' passengers. "India with a billion population has not even scratched the surface to get its consumers to fly, and the reason for this is [that] flying to date has been the domain of the well-to-do, but with the kind of fares we are looking at, we are looking at almost every Indian being able to fly," he said.
The Lampang clinic was set up as a project to educate the owners in correct pony care and offer them lowcost treatments.
Stock Market News Analysts say only 15 million passengers currently take domestic flights each year.AdvertisementThe bargain airlines plan to offer fares as low as $15 for a ticket between cities such as Delhi, Bombay and Bangalore. They hope to cut costs by reducing in-flight services, packing more seats into the aircraft, and selling tickets through the Internet.
Stock Investing Basics Worried by the competition that low-cost airlines could pose, several airlines in India have already cut fares between major Indian cities by up to 40 percent, for people willing to book tickets a month in advance.Cheaper air travel is expected to give a boost to the tourist industry, which has long complained that expensive domestic airfares were deterring foreign tourists from traveling within the country.Lower-cost flights will not be confined to the domestic sector, however. State-run Air India has announced plans to slash fares to the Middle East and Southeast Asia by 25 percent next year.
Stock Investing Software India has been reforming its aviation sector, which has failed to keep pace with an expanding economy, for some time. The government opened the domestic aviation sector to private operators a decade ago, and has now announced plans to allow foreign investment in this sector.Source: Voice of America
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