How have the increased number of low cost airlines affected the development of the aviation industry.?
India has one of the fastest growing rates for aviation. With more domestic airlines entering the market, it increases competition and lowers ticket prices. An increase in travel also helps the airport collect more in landing fees and gate rentals thereby allowing the airport to make upgrades and have the airport look nicer and newer. I also think more airlines are being formed as India is becoming a richer nation. Many corporations are moving in and hiring people from India so the people's standard of living has started to improve. That allows them to have more money to spend and therefore more people are starting to fly to different cities. With the many low-cost airlines India has, it has made air travel affordable to more people.
No comments:
Post a Comment