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| Topic: |
Business
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| Number of pages / Number of words: |
9 / 2418 |
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Says Ajay Singh, director, SpiceJet: "Many airlines with perhaps not the best plans can also get funded." That's quite a change from when Air Deccan launched (September 2004) when people were ready to give them a hearing, but no money.
Operating conditions, however, present severe challenges. Airport charges are 62 per cent higher than international levels and fuel prices are also higher...
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Airport charges are 62 per cent higher than international levels and fuel prices are also higher. Distribution costs are high, as Internet penetration, the main ticketing medium for budget carriers, is poor. Aircraft utilisation and turnaround times are lower due to poor infrastructure (few runways and hangars, among other things) at Indian airports...
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