|
Financial Daily from THE HINDU group of publications Thursday, July 19, 2001 |
||
|
|
||
|
AGRI-BUSINESS CORPORATE INDUSTRY LETTERS MACRO ECONOMY MARKETS NEWS OPINION VARIETY INFO-TECH CATALYST INVESTMENT WORLD MONEY & BANKING LOGISTICS |
News
| Next
| Prev
Air Sahara to draw up new business plan -- Fresh look at fleet route expansion
Ashwini Phadnis
NEW DELHI, July 18
AIR Sahara (AS) proposes to draw up a new business plan which will entail a fresh look at fleet and route expansion and strategies to capture a larger portion of the domestic market at its board meeting which is scheduled to be held shortly.
The airlines' newly reappointed Chief Executive Officer, Mr U.K. Bose, told Business Line that the board meeting will look at several options including routes, fares, strategies and increasing frequency, among other items. ``AS will make major announceme
nts when the options are cleared by the board which is scheduled to meet towards the end of the month. It will be premature to talk about this just yet,'' Mr Bose said.
Sahara officials added that the airlines will look at increasing connectivity to sectors on which it is already operating to corner a greater share of the market.
``In the first phase of expansion, AS will look into providing greater convenience to the passengers by increasing the number of flights that we offer between various sectors at present. This could see the airline operating four and eventually five daily
services between Delhi and Mumbai as compared to only two right now. However, this is not the only sector which is being looked at,'' AS sources said.
Besides, the airline could also offer lower fares to passengers if they traveled by a hopping flight instead of taking a direct flight to the final destination.
``If a passenger travelling to Mumbai from Delhi decides to fly on our flight which has a halt in-between before reaching the final destination, then they may pay less than what is charged from a passenger who travels directly between Delhi-Mumbai. Such
practices are common abroad and we may look at various options to lower fares,'' officials said.
When questioned on how much lower the hopping fares would be, officials only said that they would be lower than the market fares.
On the issue of how many or which varieties of aircraft the airlines is looking at, officials only said that with a small fleet it was unlikely to change the current fleet structure. The airline currently operates an all Boeing 737 aircraft fleet of six
aircraft.
|
|
|
Comment on this article to BLFeedback@thehindu.co.in
Send this article to Friends by E-Mail
Next: Banks promise support to UTI Prev: Airlines baiting foreign-bound pupils News Agri-Business | Corporate | Industry | Letters | Macro Economy | Markets | News | Opinion | Variety | Info-Tech | Catalyst | Investment World | Money & Banking | Logistics | Copyrights © 2001 The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line. |