Flight ticket booking has witnessed a significant upsurge in the current fiscal as compared to the previous. Last year was quite disappointing for Indian aviation with little to cheer about for the popular carriers. However, riding high on a successful festive season and a high sale due to discounted airfare, there was a stark improvement in this sector recently. As per the survey reports, there was a growth of over 38 per cent of the air ticketing business when compared between consecutive years. There were also reviews, which reflected that there was a significant increment in the percentage of Indians opting for online flight ticket booking in the running fiscal.
New Names in the Market
Booking platform for airlines has also seen an upsurge in the year with a number of airlines making their way on the popular portals. In this aspect, the growing nature of Indians to opt for varied options in air travelling has paved the path for this featuring of additional airlines. Recently, there was an equity partnership between Etihad and Jet, which has promoted aviation in the country. There were also an agreement between Tata Sons and Singapore Airlines (SIA); a joint venture resulted, which is expected to initiate services soon. This yet-to-be-named airline will have a 51 per cent stake from the Tata Group and the remaining will be under the control of SIA.
Popular low-cost carrier, SpiceJet, also announced an agreement with Tiger Airways, which is targeting to increase its influence within south Asia. Though the final talks are still yet to be finalised, it is expected to boost SpiceJet flight ticket booking. The future of the Indian aviation looks quite promising under the current circumstances; a welcome change from the previous financial year, which was quite depressing for the industry. What lies in future is yet to be deciphered, however, the going is pretty good according to the current scenario.