After tremendous growth of Indian aviation sector from last couple of year, now the low cost airliners are targeting to increase there fleet and improve services. Every company are now making target to the non-metro cities. We can see aviation sector is flying off to the new high. There was huge investment in recent.
Every budget airliner are queued to expand there fleet size and the investment is worth billions of dollars. About 250 aircrafts orders are placed from most of the companies. Go Air has ordered 41 aircrafts and 90 by Air Deccan. IndiGo Airlines is also placed order of 100 Airbus A320 and this order was of worth $6 billion.
The target is to start service for the non-metro cities in India. After the minimizing the fare cost difference between the Indian Railways 1st class AC and Budget airlines, every people are making interest to move with the budget airliners. The reason is simple, saving of time and comfortable journey by paying few more. Actually non-metros are the very big market for these low cost carriers (LCCs). Peoples are just waiting for getting start of service. If they are successfully targeted these destinations, then no doubt every airliner will be in profit. Also the movement of peoples will increase across the country and also the interconnectivity between these cities will improve.
In 2007 the overall fleet size of airlines sector was grown by 42%, where as for low cost carrier the figure is 51%. In the segment of budget airlines in India, Spicejet and IndiGo Airlines have sawn a growth of 200%. While Go Air recorded the 50% increase of its fleet size. The estimation is that, the Indian aviation sector will about to increase 50% of overall capacity by 2010. So just watch the market, this will definitely improve and will give strength to economy of India.
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