Indian Airways

The Indian aviation industry seems to be flourishing by the day, considering the rush of prospective investors into this arena and also taking into account the magnificent growth prospects. If yesteryears witnessed only an elite class of travelers making use of air travel, the emergence of the new budget-airlines category have been welcomed with open arms by the cost-conscious ordinary person who wishes to reach his destination faster. Most airlines were quick to identify this growing trend and as a result there has been an exodus of investments in this lucrative sector with profits crossing all expectations. The Indian airways industry has indeed taken a giant leap in the recent years, considering the fact that just a decade back, there were only around three airlines operating in India. In comparison, we have more than ten competitors in this growing sector today, each receiving its own unique share of the profits.
One of India’s all time favourite airline happens to be ‘Indian’, (Previously known as Indian Airlines, it changed its name to ‘Indian’ after a merger with Air India.) which is owned by the Government of India, and carries around 7.5 million passengers annually, churning out an enviable turnover of over US $ 1 billion. Other more recent entrants into this field includes Kingfisher airlines and Air Deccan which underwent a merger recently, Jet Airways, Air Sahara, Indigo, Go Air, Paramount Airways, etc which are actually competing heavily with one another to get a fair share of the market. You see there is a lot of competition among indian airways carriers.

Speaking of competition, the newly developed concept of budget airlines which operates on an economy level, have become most advantageous to the average Indian railway traveler mainly because he can now reach his destination faster and at a reasonable cost too, thanks to the new economy trend adopted by certain airlines like Air Deccan which recently merged with Kingfisher. Accordingly, the passenger has the facility to book the tickets in advance and can avail of some excellent discount packages. The airlines sector has certainly succeeded in luring those travelers to take advantage of extremely low airfares which are actually a boon to many. Although the convenience factor may have to be compensated and the passenger will have to buy their own food and drink, this sort of gamble certainly seems to have paid off and there has been a tremendous growth in the popularity of the said system provided by the Indian airways. With the many mergers and acquisitions doing the round, like the Air Sahara - Jet Airways or the Kingfisher - Air Deccan ones, as well as a host of other airlines operating successfully in different sectors all over the country, it is indeed the travelers who stand to gain a lot by taking advantage of the low fares.
The Indian airways sector is also a valuable asset for the Indian tourism industry, with various airlines operating daily flights from different parts of the world. It is now possible for foreign tourists to visit our exotic land and that too at competitive rates thanks to the Indian aviation industry which frequently doles out attractive discount packages as well.