Airline major IndiGo has drawn ‘clear’ defensive strategies as the sector is expected to become more competitive, the airline’s top executive said.
At present, the Covid battered sector is beaming with life as high passenger loads are witnessed on the back of vaccinated travellers and easing restrictions.
Estimates indicate a massive rebound in air travel sans the impact of high jet fuel prices.
Presently, only about seven per cent of the country’s population use air transportation services. The high potential of the sector has attracted new and old players alike.
“The competitive landscape is going to get much more intense. There are three potential new entrants. The most formidable force of course will be Air India, Vistara and AirAsia (India) alliance.