Low-cost carriers increase number of flights, but no relief from high fares

New Delhi: Low-cost carriers IndiGo and SpiceJet have beaten full-service airlines Jet Airways and Air India (AI) with an 18 per cent jump in the number of flights for the forthcoming winter schedule (October 27 to March 31) compared to last year but fares are expected to remain high .
Strangely, national carrier AI, which claims to have been performing well since February and also operates the Boeing 787 Dreamliners on domestic routes, has cut down flights by over seven per cent for the winter schedule.
Civil aviation ministry officials said that this could be an alarm bell for the AI as it is set to lose market share.
Jet has meanwhile increased the number of flights by eight per cent while its subsidiary Jetlite has scaled down the number by 35 per cent.
Read News In full 21/10/13 Sanjay Singh/Business Today