financetom
Business
financetom
/
Business
/
IndiGo to take on Vistara on Delhi-Singapore route from September 12
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
IndiGo to take on Vistara on Delhi-Singapore route from September 12
Aug 22, 2019 2:03 PM

Low-cost airline IndiGo will launch flights on the Delhi-Singapore route from September 12 at nearly half the fares offered by full-service competitor Vistara. The move by IndiGo, India’s biggest airline by passengers carried and fleet size, comes two weeks after Vistara launched flights to Singapore from Delhi and Mumbai.

Currently, IndiGo flies to Singapore from Mumbai, Trichy, Chennai, Kolkata and Bangalore. IndiGo’s one-way fares start at Rs 9,999, while Vistara’s economy fares cost around Rs 14,000.

IndiGo is the only low-cost airline that will fly the Delhi-Singapore route.

Besides Vistara, it will compete with Vistara’s parent Singapore Airlines and Air India, both full-service carriers, on this route.

Launching new or additional flights on the same route as competitors is an old tactic of IndiGo to muscle them out. It remains to be seen if this ploy will work on the Singapore route, according to analysts.

The Delhi-Singapore route has traditionally attracted high traffic, aviation analyst Ameya Joshi said. "The seats on this route are still lesser than the peak traffic as (the grounded) Jet Airways use to operate Boeing 777 on this route during peak season and multiple frequencies on 737s. IndiGo will hope to get clearances for ETOPS (extended range operations)," Joshi, a columnist for CNBCTV18.com, said.

While the deployment of A321neos will result in better economics for IndiGo, Vistara is still expected to carry more traffic as it will be able to offer more connecting flights due to its codeshare with Singapore Airlines, Joshi added.

Industry experts are divided on whether the timings of IndiGo flights (see chart) will give it an advantage over competitors. While some say that these flights will be preferred by people who would want to join work the day they land, some call the timings odd and unfavourable.

                                                               Delhi to Singapore
Vistara23:4508:15
Air India23:1507:30
Singapore Airlines21:5506:10
Singapore Airlines09:0017:25
IndiGo18:2502:45

                                                     Singapore to Delhi
Air India08:3511:35
Vistara09:3012:45
Singapore Airlines16:5020:10
Singapore Airlines02:3505:40
IndiGo03:4506:50

"Timings may not be that attractive for some tourists as this will require two extra hotel nights for the same number of days for visitors," an industry expert said. He did not want to be named.

IndiGo is optimistic. “Singapore today is not only a tourist hub but also a shopper’s paradise and there is a huge demand on the route. Changi Airport, being the largest transportation hub in Asia, makes this a critical connection for IndiGo," William Boulter, chief commercial officer, IndiGo said.

First Published:Aug 22, 2019 11:03 PM IST

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Cybersecurity firm Tenable exploring potential sale, Bloomberg News reports
Cybersecurity firm Tenable exploring potential sale, Bloomberg News reports
Jul 30, 2024
July 30 (Reuters) - Cybersecurity firm Tenable Holdings ( TENB ) is exploring options including a potential sale after it received takeover interest, Bloomberg News reported on Tuesday, citing people familiar with the matter. ...
Market Chatter: Tenable Holdings Exploring Potential Sale After Receiving Takeover Interest
Market Chatter: Tenable Holdings Exploring Potential Sale After Receiving Takeover Interest
Jul 30, 2024
02:17 PM EDT, 07/30/2024 (MT Newswires) -- Tenable Holdings ( TENB ) is exploring a potential sale of the business after receiving takeover interest, Bloomberg reported Tuesday, citing people familiar with the matter. The security-software company has hired advisers to assist with a possible transaction with interested parties, which may include both private-equity firms and strategic buyers, though a sale...
Getty Realty Prices Stock Offering; Shares Fall
Getty Realty Prices Stock Offering; Shares Fall
Jul 30, 2024
02:19 PM EDT, 07/30/2024 (MT Newswires) -- Getty Realty ( GTY ) said Tuesday that it has priced its public offering of 3.5 million shares at $30.10 per share, sold on a forward basis in connection with forward sale agreements. The forward purchasers and the company have also granted the underwriters, including BofA Securities and JPMorgan, a 30-day option to...
JetBlue Outlines $3 Billion of CapEx Deferral Following Surprise Quarterly Profit; Shares Jump
JetBlue Outlines $3 Billion of CapEx Deferral Following Surprise Quarterly Profit; Shares Jump
Jul 30, 2024
02:18 PM EDT, 07/30/2024 (MT Newswires) -- JetBlue Airways ( JBLU ) said Tuesday it's deferring about $3 billion of capital expenditures through 2029 to improve cash flow as the carrier posted a surprise second-quarter profit, sending its shares soaring. Aircraft groundings related to Pratt & Whitney engines are significantly impeding JetBlue's ( JBLU ) growth rate and pressuring its...
Copyright 2023-2026 - www.financetom.com All Rights Reserved