India's Low Cost Airline Segment Facing Challenges of Increasing Competition, Rising...

Sun Mar 30, 2008 11:30pm EDT
 
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India's Low Cost Airline Segment Facing Challenges of Increasing Competition, Rising Fuel Prices and Inadequate Infrastructure

DUBLIN, Ireland--(Business Wire)--
Research and Markets
(http://www.researchandmarkets.com/reports/c87049) has announced the
addition of Low Cost Airlines: Burgeoning Segment of Indian Aviation
Industry to their offering.

   The low cost airline industry has changed the definition of
airlines that air travel is a luxury and it is only for the upper
segment of the population. The key objective of low cost carriers is
to increase their reach and provide the services to a large segment.
In India, low cost carriers came into existence in 2003 when Air
Deccan launched its first low cost airline and that was the first move
to open the doors of the airlines industry for middle class.

   Rising GDP and increasing per capita income is positively
impacting the airlines industry. Another major driver is the booming
tourism industry in India. However, the low cost airline segment is
facing challenges of increasing competition, rising fuel prices and
inadequate infrastructure.

   Air Deccan is the market leader, holding the maximum share in LCC
market, followed by Jetlite, Air India Express, GoAir, and Indigo, who
are making the competition stiffer. Air Deccan enjoys the first mover
advantage in terms of access to a large number of overnight parking
spaces and landing & take-off slots during the peak period.

   This report analyzes the low cost airlines market in India. It
discusses the market share of leading carriers, growth drivers and
challenges being faced by the industry. The report also profiles the
major low cost carriers, with a discussion of their key business
strategies.

   Companies Mentioned:

   Air Deccan

   SpiceJet

   GoAir

   For more information visit
here

Research and Markets
Laura Wood
Senior Manager
Fax: +353 1 4100 980
press@researchandmarkets.com

Copyright Business Wire 2008

 

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