German-based carrier Lufthansa on Monday announced it had no current intentions to venture into India’s domestic aviation market, one of the fastest growing airline industry hubs in the world. The comments come weeks after Qatar Airways announced it had plans to venture into the domestic airline business with as many as 100 aircraft. Lufthansa Group Airlines Senior Director for South Asia, Wolfgang Will described the idea as a “misadventure," indicating the high fuel taxes and operating costs were too blame.…
A Centre for Asia Pacific Aviation report released Monday shows India has surpassed Japan to become the third largest domestic aviation market in the world following unmatched monthly growth in recent years. India’s total domestic air traffic was revealed to be 100 million passengers in 2016, third to the U.S. and…
Asia is the fastest growing aviation market in the world with passenger numbers and aircraft sales growing dramatically. At the core of the boom is the narrow body market that features two major competitors: the Airbus A320 and the Boeing 737. These two companies are in the thick of a…
