While India’s three legacy carriers Air India, Jet Airways, and Kingfisher Airlines struggle with mounting losses, the low fare carriers IndiGo and SpiceJet are making steady progress and have declared profits. (Read related SpiceJet story). Over the year the two airlines have followed similar yet distinctly different business models from each other on their path to profitability and increased market …
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IndiGo and SpiceJet – the rise of the value airline
Interglobe Aviation promoted IndiGo airlines is on a high. Like it’s compatriot SpiceJet, it has been steadily growing using fine strokes to keep it’s costs low and constantly improve it’s value proposition to it’s customers. With 20 aircraft which constitutes about 6.5% of the total commercial airliner population of India, IndiGo’s has grown it’s market share to 13%, up 3% …
Read More »Kingfisher to slash fares January 1
PTI reports, Kingfisher Airlines, has said that it would effect fare cut across its network from January 1. Without specifying the quantum of reduction in fares, in a statement today, Kingfisher Airlines Chairman, Dr. Vijay Mallya said Kingfisher Airlines will begin the New Year on an aggressive note by slashing fares on its network, The current low prices of Air …
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