Taxes on jet fuel are airlines’ single biggest cost, accounting for more than half the expenses for some Indian low-cost carriers. The aviation industry urgently needs relevant policy measures to address them now.
Given that hotels and short-term rentals are competing for the same target audience, one cannot ignore the competitive dynamics between these two industries.
Despite being the third largest civil aviation market in the world, India lacks trained personnel to manage airports. Perhaps both manpower and technology need an upgrade.
When you are a destination as ambitious as Saudi Arabia with an aim to attract 100 million annual visitors by 2030, you have to emphasize year-round appeal to avoid missing out on travelers.
If ChatGPT drives gains for Saudi's largest travel player, companies worldwide will take note. Plus, this week's news from Red Sea Global, Oyo, Musafir, and other regional companies.
While India places record aircraft orders, the delay in aircraft deliveries due to supply chain snags could mar the growth potential of the Indian aviation market.