SpiceJet has brought revolutionary plans to boost its market share in the coming season. It has been facing some difficult days in business faced by a loss in the previous financial year. For this year, however, it has thought of new agendas that have the potential to lift its diving business prospects. Multiple seats booking and booking of vacant seats are some options being provided to passengers under this renewed course of action. These facilities are being introduced with an expectation that more people will opt for this popular low-cost carrier in the near future. Simultaneously, this will facilitate passengers to get the most value-for-money who tend to look for cheap airline tickets.
Increasing Domestic Competition
Growing competition is the main driving force behind the introduction of these unique ideas by different airlines. In a competitive rush in the domestic market, these low-cost airlines have locked their horns against each other to grab the major chunk of the market share. New-age manufacturing techniques and the rising standards demand more expenditure for the maintenance of aircraft. However, majority of the Indian population always looks for lowest priced has stopped these airlines to increase their ticket price. These new options will definitely encourage people to opt for SpiceJet flight booking.
SpiceJet Airlines is also looking forward to implementing new techniques, which will reduce the cost of flying by a considerable margin. With the increase in fuel prices, it is impossible for the airline to absorb the rise in expenditure. It is obvious that it will pass some of its share on to travellers, which would mean an increase in flight tickets. However, this would largely mean losing out on the number of passengers. So, new ideas are being sought after that will meet both the ends. The increased cost of expenditure has to be dissipated without any change in the cost of SpiceJet booking.