Considering tourism market, aviation industry in India small: AirAsia

AirAsia group chief executive officer Tony Fernandes today said considering the population and potential tourism market India has, the aviation industry in the country is very small.

"....For the size of the population and for the size of the potential tourist market, the aviation industry is very small. There is huge scope for fourth airline, I would tell my competitors this is not about one airline or two airline or three airline- that all of us should work together in making it more affordable for Indians to fly, to help lot of Indians to fly overseas for business and also to bring people to this wonderful country," Fernandes told reporters here.

Speaking at the press conference to celebrate the launch of AirAsia India that was attended by Ratan Tata and S Ramadorai (he said "for the size of Indian population it is very small."

While Tata is the Chief Advisor to Airasia India, Ramadorai is the Chairman of the Board of the airline.

Thanking the Centre for its help in launching AirAsia India, he said "obviously we want to reduce cost as much as possible and transfer that to growth....; we hope that the government of India, and the state governments in the country will look at ATF, will look at developing low cost infrastructure going forward."

Breaking into Indian domestic aviation space, AirAsia India on June 12 had launched its operation with a flight from here to Goa in a foray that is expected to intensify the fare war among the no-frill airlines in the loss-hit sector.

The country's fourth budget carrier has also announced the addition of Kochi to its existing network from July 20.

Post new comment

E-mail ID will not be published
CAPTCHA
This question is for testing whether you are a human visitor and to prevent automated spam submissions.

EDITORIAL OF THE DAY

  • The US can no longer take India for granted, as Kerry’s visit shows

    Despite the feel good factor in Indo-US ties, not the least surprising given BJP’s long term support for free market and laissez-faire economy, the

FC NEWSLETTER

Stay informed on our latest news!

INTERVIEWS

GV Nageswara Rao

MD & CEO, IDBI Federal Life

Timothy Moe

Goldman Sachs

Chander Mohan Sethi

CMD, Reckitt Benckiser India

COLUMNIST

Urs Schöttli

Why cleanliness is a vital human right

I have spent the past few months in India witnessing ...

Parvez Imam

Tourism agenda with a colonial undertone

Tourism is supposed to bring in foreign exchange and provide ...

Dharmendra Khandal

Let the tiger breathe in its natural home

The world has been observing July 29 as International Tiger ...

INTERVIEWS

William D. Green

Chairman & CEO, Accenture