Competition Heats Up for Indian Carriers
AINONLINE by NEELAM MATHEWS Established Indian carriers like SpiceJet and Air India will now face tougher competition on both domestic and international routes. [Photo: Neelam Mathews] May 13, 2014, 3:00 PM Indian airlines are facing stiffer competition and downward pressure on air fares with 40 new aircraft due to join the country’s fleet, taking the total capacity to around 400 jets by year-end. Existing carriers are now facing new competition in the shape of AirAsia India , which has just received its air operator permit ( AOP ) for domestic services. The new joint venture between Indian group Tata and Singapore Airlines ( SIA ) is hoping to get its AOP ready to start service to nine Indian cities with 87 flights from the capital Delhi in September as a prelude to planned international routes. Further competition is coming from the new A380 service into India by both SIA and Emirates Airlines. The increa...