While short-haul international destinations like the West Asia and Southeast Asia are being covered by low-cost carriers LCCs) such as IndiGo and SpiceJet as wellas full-service ones, long-haul destinations in Europe,Australia and North America are being serviced by only Air India and Vistara. The void created by the exit of Jet Airways, which was the largest Indian carrier in the international aviation market witha share of 15% in totaland 40% among Indian catriers, was filled by foreign carriers.
The situation is showing no signs of improving. According to DGCA data, Indian carriers flew 21 million passengersin 2022,havinga share of 45%, the lowest since 2019. Foreign carriers served 26.26 million passengers witha share of 55%.
Bu hikaye Financial Express Mumbai dergisinin June 01, 2023 sayısından alınmıştır.
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Bu hikaye Financial Express Mumbai dergisinin June 01, 2023 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
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