Motilal Oswal
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Motilal Oswal
Jun 14, 2018 05:33 PM IST | Aviation

India airlines spread their wings to escape airfare war at home

Promotions such as $50 one-way tickets on the two-hour flight from Mumbai to Delhi are easy to find and, with airlines expected to take delivery of more than 500 aircraft over the next five years, pressure on fares and profits is increasing.
India is one of the cheapest domestic airline markets in the world, with an average fare of 13 cents per kilometre flown, according to data from travel firm Rome2Rio, less than half the 27 cents per km average in China and the United States.
Airlines including Vistara, SpiceJet Ltd and InterGlobe Aviation Ltd's IndiGo are in talks to buy or lease widebody aircraft as they firm up international growth plans to boost profitability.
Published Date: Jun 14th, 2018 05:33 PM | Updated Date: Jun 14, 2018 05:33 PM IST

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