IndiGo among the fastest expanding airlines globally
A list of top-50 airlines by CAPA has Jet Airways down by 7 spots
Jet Airways has slipped seven places to the 46th rank, while IndiGo has emerged as one of the fastest growing airlines in the list of biggest airlines of 2012 compiled by the Centre for Asia Pacific Aviation ( Capa). The report, released yesterday, determines the top-50 airlines based on deployed capacity.
The Naresh Goyal-led Jet Airways has been reducing capacity on both domestic and international sectors. It pulled out of two long-haul sectors, Johannesburg and New York, to cut losses. The airline has not launched any new international routes in the past few months and is yet to take a call on starting flights to Munich. Its plans to start flights to Manila, too, did not take wings.
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(first published in Business Standard on January 2, 2013)