With the increasing prices of aircraft turbine fuel, high parking and landing fees by airports, shortage of pilots thus high salary payouts and much more in India, do you think low cost airlines will able to survive in long run.
Govt. of India should do something to avoid any airline going bankrupt. Atleast, they can renegotiate deal with New Hyderabad and Bangalore Airport authorities to allow low cost airlines to fly to and from old airports and make old airports as low cost airports. They should decrease the taxes on ATF and bring it at par at international level.
Let airlines run into profitability so the benefits should be passed on to customers as low fares. This will help the entire industry viz. aviation; travel, tourism & hospitality grow and contribute to the growth of overall economy.
The domestic aviation industry is likely to report a loss in excess of USD 700 Mln (Rs.2800 crore). Jet Airways Executive director said Industry is losing Rs.800 on every flown passenger.
Hope to see some respite for Low cost airlines in India in time to come.
Rajat Nagpal
Survival of Low Cost Airlines in India
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