Monday, July 7, 2008
Consolidation Continues: Kingfisher Likely to Purchase SpiceJet
India's airline consolidation continues as Kingfisher will likely purchase SpiceJet, creating an airlines that will control 40% of the domestic market. Under the combined group, Deccan will fly regional routes throughout the country while SpiceJet will fly to metros. The new carrier group will be a major force in Indian aviation, leaving a big question as to how IndiGo and GoAir will be able to survive in the current cost and competitive environment.
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