I have an assignment on impact of low cost airlines in India. can anybody help me by providing any data?
LOW COST AIR LINES IN INDIA:
Deccan
Go Air
IndiGo
Jagson Airlines
JetLite
SpiceJet
DECCAN:
Formerly known as Air Deccan the airline is operated by Deccan Aviation.[2] It was started by Captain G. R. Gopinath and its first flight was launched on 23 August 2003 from Bangalore to Hubballi.[3] It was known popularly as the common man’s airlines, with is logo showing two palms joining together. The dream of Captain Gopinath was to enable "every Indian to fly at least once in his/her lifetime." Air Deccan was the first airline in India to fly to second tier cities like Hubballi, Mangalore, Madurai and Visakhapatnam from metropolitan areas like Bangalore and Chennai.
On 25 January 2006, Deccan filed a red herring prospectus with the Securities and Exchange Board of India. Deccan plans to offload 25% of its stake in the initial public offering (IPO) planned for late March or early April.[clarify] 24.5 million equity shares of ten rupees each will be divested at a price to be announced later to raise Rs Cr ($250-300 million) The proceed from the IPO will be used to set up a training centre in Bangalore and a maintenance facility in Chennai. However, due to stock market downturn, Air Deccan’s IPO barely managed to scrape through (after extending the issue closing date), but it was a flop on listing. Its shares were listed at a discount of about 50 per cent to the issue price of Rs 148.65-levels.[citation needed]
GO AIR:
GoAir is a low-cost airline based in Mumbai, India. It operates domestic passenger services to 11 cities with 385 weekly flights. Its main base is Chhatrapati Shivaji International Airport, Mumbai. The airline was established in June 2004. On 9 June 2005 GoAir announced that it intended to launch operations in October 2005 with a fleet of 20 leased Airbus A320 aircraft. Initial flights would be in the southern and western areas of India with the first nine A320s, the remaining 11 aircraft being added in the second year. At the time the airline was in discussion with both Airbus and Boeing on the purchase of between 20 and 40 new aircraft, with a contract to be in place by the end of 2005 and with deliveries to start by 2007 Go Air is wholly owned by the Wadia Group[1], Mumbai based and majority owners of Bombay Dyeing and Britannia Industries. On 18 January 2007, GoAir Chairman Nusli Wadia was found to be carrying a revolver and bullets aboard an Air India flight to Dubai. Though undetected by baggage screeners upon departure, they were detected and confiscated upon his arrival at Dubai.
GoAir and airline reservations system provider Radixx International of Orlando, Florida on January 24, 2007, jointly announced that Radixx had taken over all reservations and passenger management functions from GoAir’s previous vendor
INDIGO AIRLINES:
IndiGo Airlines is a private domestic low-cost airline based in Gurgaon, India. It operates domestic services linking 14 destinations. Its main base is Indira Gandhi International Airport, Delhi.
The airline commenced operations on 4 August 2006 with a service from Delhi to Imphal via Guwahati. The airline is owned by InterGlobe Enterprises [1] and is in the process of a 50/50 merger with Shivraj Airways Charters LTD. It took delivery of its first Airbus A320 aircraft on 28 July 2006 and received six aircraft during 2006. Nine more aircraft were delivered in 2007 taking the total to 15. The carrier has set a target of serving approximately 30 Indian cities by 2010 with a fleet size of 40 A320 and A321 aircraft. The airline will receive all 100 A320 family aircraft by 2016
JAGHSON AIRLINE:
Jagson Airlines is an airline based in Delhi, India. It operates scheduled and charter services within India and to Bhutan and Nepal.
The airline was established and started operations in November 1991. It began charter operations with two 18-seat Dornier 228-201 aircraft and later operated regular services from Delhi. It is wholly owned by Jagson International. [1] In 2006 they announced plans to expand their services to 9 cities, using leased Airbus A321-200 aircraft.
Jagson have withdrawn plans to launch a nationwide scheduled low-cost airline by mid-2006 and plan to continue as a regional airline.
JETLITE:
The airline was established on 20 September 1991 and began operations on 3 December 1993 with two Boeing 737-200 aircraft as Sahara Airlines. Initially services were primarily concentrated in the northern sectors of India, keeping Delhi as its base, and then operations were extended to cover all the country. Sahara Airlines was rebranded as Air Sahara on 2 October 2000, although Sahara Airlines remains the carrier’s registered name. On 22 March 2004 it became an international carrier with the start of flights from Chennai to Colombo. It is part of the major Sahara India Pariwar business conglomerate. The uncertainty over the airline’s fate has caused its share of the domestic Indian air transport market go down from approximately 11% in Janua