News

AlpFly recognizes fuel cost and FDI for growth in domestic airlines

AlpFly, a leading travel company which deals in bulk booking of air tickets and hotels has stated that the recent boom  of the domestic aviation industry could be reasoned by FDI liberalization and decline in fuel cost. “It seems like the Indian aviation industry is capitalising on spending potential of the middle class, following a decline in fuel cost and liberalization of Foreign Direct Investment (FDI) in the country,” says a tour manager from Alpfly pvt ltd.

With the National Civil Aviation Policy (NCAP), implemented in June 2016, the regional air connectivity has improved greatly. The Mumbai-Delhi corridor has become one of the busiest aviation routes in the world. However, some rural networks, which are in the pipeline of the Regional Connectivity Scheme (RCS), are yet to emerge.

Civil Aviation Minister P Ashok Gajapathi Raju said, “Government’s aviation scheme ‘Ure Desh ka Aam Nagrik’ (UDAN) is focusing on improving the air-connectivity to major regions, including, the North East, Jammu & Kashmir, Uttarakhand, Himachal Pradesh, Andaman & Nicobar  Islands and Lakshadweep, by establishing operational flexibility and promoting helicopter operations.”

According to a performance report published by the Ministry of Civil Aviation, based on the data submitted by various domestic airlines, India’s domestic airline industry has registered a growth of 17.18 per cent. While 56.09 million passengers air-traveled during the January-July in 2016, and the numbers rose to 65.72 million this year.

Notably, the number of air ticket bookings, for both domestic and international flights, has significantly increased in India. “Recently, there has been a boom in group tour and honeymoon booking segment,” highlights the Alpfly tour manager.

Furthermore, the customized group tours, including air and hotel packages, have become popular among all age groups, as the packages can be availed at affordable prices. More than 75 per cent of the travellers are going for package tours.

India, the third-largest domestic civil aviation market in the world, is growing to be the largest aviation market in the world by 2018, considering the plethora of opportunities and advancements in the sector. Also, the travel companies offering affordable air-packages, are thriving as the number of air travelers are increasing.

Share

Recent Posts

Manipur Unrest: Ethnic Violence, Internet Curbs, and the N Biren Singh Government Under Scrutiny

The ongoing crisis in Manipur has become a major concern for India, marked by ethnic…

2 weeks ago

Delhi Shootout Claims One Life, Injures Two – Minor Suspect Arrested

A recent shootout in the Kabir Nagar area of Delhi has left one person dead…

3 weeks ago

7 casualties confirmed in Jammu & Kashmir terror attack: 3rd attack in one Week

An armed militant on Sunday killed seven individuals working on a tunnel project in the…

1 month ago

Bahraich Violence Aftermath: 50 arrested and Internet shut down Continues

The recent violence in Bahraich has left the city grappling with a tense aftermath. In…

2 months ago

Meghraj Singh Royal’s Insights on India’s Emerging Role in Global Business Events

"The growth trajectory of MICE tourism in India reflects not just economic potential but also…

2 months ago

PS Gahlaut on Revolutionizing India’s Fertilizer Industry: Sustainable Farming Practices and Future Prospects

As Gahlaut himself often emphasizes, "Our mission is to create a balance where the fertilizer…

2 months ago