{"id":282249,"date":"2019-07-15T06:43:22","date_gmt":"2019-07-15T06:43:22","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=282249"},"modified":"2019-07-15T06:43:22","modified_gmt":"2019-07-15T06:43:22","slug":"indian-market-for-low-cost-carriers-to-double","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/indian-market-for-low-cost-carriers-to-double\/","title":{"rendered":"Indian market for low cost carriers to double"},"content":{"rendered":"<p>Kolkata: The Indian market for low cost carriers (LCCs) is expected to double by FY23, riding on rising incomes, tourism, and a shift to air from rail. Interestingly, the high-growth market serviced by the low-cost carriers in India is the third largest globally, so suggested a  study by Goldman Sachs.<\/p>\n<p>In a separate study, ICRA said that after reporting a Y-o-Y de-growth of 4.4 per cent in domestic passenger traffic in April 2019, the first after six years of monthly Y-o-Y growth, the domestic passenger traffic rebounded marginally in May 2019, with a Y-o-Y growth of 3.3 per cent. As per the ICRA report, this is primarily attributable to the gradual increase in <\/p>\n","protected":false},"excerpt":{"rendered":"<p>Kolkata: The Indian market for low cost carriers (LCCs) is expected to double by FY23, riding on rising incomes, tourism, and a shift to air from rail. Interestingly, the high-growth market serviced by the low-cost carriers in India is the third largest globally, so suggested a study by Goldman Sachs. In a separate study, ICRA said that after reporting a Y-o-Y de-growth of 4.4 per cent in domestic passenger traffic in April 2019, the first after six years of monthly Y-o-Y growth, the domestic passenger traffic rebounded marginally in May 2019, with a Y-o-Y growth of 3.3 per cent. As [&hellip;]<\/p>\n","protected":false},"author":39,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130],"tags":[],"class_list":["post-282249","post","type-post","status-publish","format-standard","hentry","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/282249","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/39"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=282249"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/282249\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=282249"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=282249"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=282249"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}