Low Cost Air Fare Encouraged Indians To Fly More
By M.M.Khanna, Chandigarh (India)
The introduction of Low-Cost fare in the Indian travelling world has encouraged Indians to fly more. According to an estimate up to year 2010, Leisure Travel would grow at the rate of 50%, which would result in enhancement in income of the Aviation Sector as well as prosperity for them.
If the present boom in the Aviation Sector should be analysed, then the only conclusion can be the lack of infrastructural facilities in India, where now a lot of investments has been pumped to make this trade competitive and known globally. According to a survey the leisure Travelling which had been presently only 20%, would definitely growВ through its seasons.
The present 29.5 million leisure travellers out ofa total 147.5 million, would definitely touch 331 million up to 2010, showing a growth of 28,6%, which has been 2.87% in year 2004. In India low-cost fare in Aviation had effected the minds of middle class Indians, where it used to be a dream to enjoy leisure travel by air. It would be estimated to be 40% up to 2010. According to an official estimate 330 million people travel domestically by all means of transport. It has also been thought that in view of low-cost fare, railway travellers would also like to enjoy Air Services.В В
July 20, 2005
Posted in: Airlines & Railways