Deccan Aviation aiming for profitability
Deccan Aviation Ltd is the leaders in low cost flying in the Indian market. The company has now said that they would like to achieve profitability in the near future and for this, they are planning to stop flying some routes.
They are aiming to achieve profitability by 2008 and have announced their decision to rationalizing some routes.
The company is aiming to carry s many as 8 million passengers in 2007. The current year would see them carry around 4.5 million customers.
Many new players have entered into the Indian aviation market in the recent times and this has increased competition leading to less margins for existing companies.
They are already the India’s second-biggest airline by market share behind Jet Airways and are followed closely by government operated Indian.