Mumbai: India’s national airlines and new regional carriers will do well to cooperate on ferrying passengers travelling from small towns to large cities or international destinations as also share engineering and ground handling resources, copying the business model in the aviation industry in the US, the world’s biggest market for airline services, say industry executives and experts.
Ten national airlines, six less than five-years old, made an estimated loss of nearly Rs2,000 crore in fiscal 2007 as seat capacity exceeded demand for air tickets. Just as the supply-demand gap seems to be easing up this fiscal year with fewer additions to fleets and robust passenger growth, aviation firms are readying to be buffeted by a set of regional airline entrants.
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Ten national airlines, six less than five-years old, made an estimated loss of nearly Rs2,000 crore in fiscal 2007 as seat capacity exceeded demand for air tickets. Just as the supply-demand gap seems to be easing up this fiscal year with fewer additions to fleets and robust passenger growth, aviation firms are readying to be buffeted by a set of regional airline entrants.
Discuss
Add this link to...
Tell a friend
Bury
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