The Growth of Low Cost Airlines in India

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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Low cost airlines in India have expanded exponentially in terms of passengers as well as revenue generation. This is a result of a variety of factors including the increase in passengers belonging to the middle classes. The increase in earning capacity of the common man in India is visible to say the least. People have started travelling by air more frequently than ever. The  airlines prices have also fallen as a consequence of this growth in passenger flux thus forming a cyclic re-enforcing process.

The need for quick and urgent travel could not be met by other modes of transportation such as road or rail travel. The need for air travel in India has thus been realised as lives of people have become swifter and packed. Air travel costs are now close to high class rail travel for long journeys. For short journeys although, rail travel still remains much more viable.

Major Players

The major domestic airlines in India such as Jet Airways, Spice Jet, IndiGo and Go Air are all based on the low-cost model. This model has been both popular and successful in India. The sector is covered by a few major players and the competition between them is leading to a further reduction in air fare and increase in available services. Get useful information of Low Cost Airlines at Cleartrip.com

The Low Cost Model

The need for more ventures into the aviation industry is still realized. The more the competition grows in the sector the better it will be for the passengers. Low cost airline services in India function on the model of providing economy class travel with value added services. The costs are maintained low by the use of high capacity planes such as the Air Bus 320-200 and the Boeing 747.