Social Icons

twitterfacebooklinkedin

Monday, 30 June 2014

IndiGo only airline to opt for aggressive expansion. Is it anticipating a gold rush?

New Delhi:IndiGo is the only domestic airline expected to expand capacity significantly this fiscal as others remain cautious. India's largest airline by passengers is expected to place an aircraft order for the future, of anywhere between 200-250 aircraft, at next month's Farnborough Air Show. So not only is it optimistic about the near term prospects of Indian aviation, it is obviously placing a long term bet on the Indian market.

According to aviation consultancy CAPA, IndiGo is the only airline among incumbent Indian carriers which will add any significant capacity this fiscal. In all, CAPA expects domestic capacity to expand by just 8-10% but even this would be higher than the traffic projection for FY15. And most of this growth is expected to be generated by AirAsia.


India, Tata-SIA, and possibly Air Costa, all of which combined could deploy up to 18-20 aircraft by the end of the fiscal. Air Costa is the new kid on the block, AirAsia has just begun operations with one aircraft and Tata-SIA will begin perhaps with this year's winter schedule. This means apart from one aircraft that incumbent airline GoAir is expected to add this fiscal, IndiGo's six aircraft arriving in the market by March 2015 are the only serious capacity addition by an existing airline.
Read news in full 27/06/14 First Biz
http://lh5.ggpht.com/-hjMR_ZXHoH4/UrgyadXfDTI/AAAAAAAAAdQ/UFOOTSAr4Jw/s1600/ID-100130244_thumb1_thumb_thumb_thum%25255B1%25255D_thumb_thumb%25255B3%25255D.jpg

No comments:

Post a Comment