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Indian LCCs Buy Planes Like They're Going Out of Style

February 6, 2008 at 9:15 AM | by | Comments (0)

With so many islands and unfathomable distances, there aren't many alternatives to flying in the Asia-Pacific region, and with economies booming in China, India and Australia, more and more people want to hop on a plane. Demand was up 7 percent in 2007 alone.

India's a good example of the booming air market. Low cost carriers are popping up across the country and existing LCCs are making a packet. Across six budget carriers, 250 aircraft are currently on order, so it's only going to get bigger, and the next Indian expansion goal is flights to "non-metropolitan" destinations.

In such times of change, you could be worried that your LCC might drop out of the market, easy-come, easy-go style. So take note of these names, the airlines who are having huge growth at the moment: SpiceJet and Indigo grew by 200 percent last year, and GoAir by a (still big) 50 percent. We can't guarantee they'll stick around after you buy your ticket, but they're a better option than India's own non-flying plane.

Related Stories:
· Asian-Pacific Aviation Continues Growth [The Age]
· Budget Airlines Eye Non-Metro Cities [India Times]
· HOWTO: Fly Without Taking Off [Jaunted]

[Photo: monsieur paradis]

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