SpiceJet expects LCCs to capture three quarters of domestic market in five years
SpiceJet Director and interim CEO, Kishore Gupta, stated he expects Indian LCCs to "capture three-fourths" of the price-sensitive domestic market in the next five years, as LCCs expand aggressively while their full-service counterparts take a more cautious approach to capacity, as they focus on minimising losses and improving profitability.
Become a CAPA Member to access Analysis Reports
Our Analysis Reports are only available to CAPA Members. CAPA Membership provides exclusive access to in-depth insights on the latest developments in the aviation and travel industry, developed by our team of dedicated analysts located in Europe, North America, Asia and Australia.
Each report offers a fresh perspective on the latest industry trends and is available online or via the CAPA mobile app, with customisable alerts to help you stay informed and identify new business opportunities.
CAPA Membership also provides access to our full suite of tools, including a tailored selection of more than 1,000 News Briefs every week and comprehensive data and analysis on thousands of companies around the world.