Little elbow room for premium airlines in budget-conscious India
Stiff competition in all sectors will result in fewer airlines in country, say analysts
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[NEW DELHI] A decade after low-cost carriers (LCCs) led India's air travel boom, full-service airlines are gearing up for a battle for premium passengers that only the deep-pocketed are likely to win.
Flag carrier Air India, which has offered only premium travel, will face more competition from second- largest airline Jet Airways, which on Monday said it would ditch its budget unit and focus on the full-service market amid mounting losses.
The carriers are also bracing for Vistara, a venture between Singapore Airlines and conglomerate Tata Sons, which will start flying in October.
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