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Showing posts with the label A Good sign after long Global Aviation Recession

Year 2013 Airlines see growth in India Asia A Good sign after long Global Aviation Recession

Airlines see growth in premium economy service from India Several incumbent carriers that see growth opportunities are mainly from emerging regions such as Asia, Africa and West Asia. Foreign airlines remain interested in India despite challenges. A number of carriers have either suspended services to India ( such as AirAsiaX, American Airlines and Qantas) or have reduced frequencies on certain routes (Air France, Austrian and Lufthansa). Jet Airways recently announced plans to suspend its Mumbai-Johannesburg service from June. Reasons for these reductions include insufficient traffic, poor yields and high airport charges, according to the Centre for Asia Pacific Aviation, a research agency on aviation. Apart from AirAsiaX, these are largely carriers that face competition from Gulf and Asian carriers on routes to/from India. AirAsiaX's withdrawal was in part due to the weakness of its direct distribution strategy in the Indian market, which could not sup