Low cost airlines to double fleet capacity
The road traversed in the last two years by the domestic low cost airlines was turbulent. But now with a recovering economy, conditions are getting favorable.
THE ROAD traversed in the last two years by the domestic low cost airlines was turbulent. But now with a recovering economy, conditions are getting favorable. In a newly taken move, the leading low cost carriers (LCCs) of the country, such as Indigo, SpiceJet, GoAir etc are going to double their fleet capacity, to cater to the growing no. of passengers. Sources from the aviation industry reported that it’s expected that within a period of just 17 months the fleet capacity of these airlines will get doubled. Seven out of these 12 aircrafts are scheduled to join the Indigo workforce by the end of 2010. SpiceJet and GoAir, two other major players in the field of LCCs are going to add 15 and 10 new aircrafts consecutively, in their main fleet. According to the estimates of aviation industry, passenger traffic is expected to rise by over 20% in the current financial year. And with these new moves of these airline companies, it’s clear that they are gearing up to tape in the new prospects of profit.
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