Word: aires
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...more Indians are flying today than ever before. But they are enjoying it less, because more than half of all domestic flights are now delayed by 30 minutes or more. "We needed this boom because people need to travel and we need choice," Mehta says. "But in some ways [air travel] has actually become more frustrating...
...While passengers are frustrated, so are airlines, which are starting to lose money despite brisk demand. The problem? Air travel has blossomed so quickly in India that the country's superannuated airports have been overwhelmed. After the government opened India's skies to greater competition four years ago, the annual number of domestic and international air passengers has nearly doubled from 48.8 million in the year ended March 31, 2004, to 95 million. Meanwhile nine private airlines have started up in recent years. Some, such as Kingfisher Airlines, are full service, but most are low-cost carriers that have wooed...
...Indeed, air carriers find themselves in a peculiar bind. Demand is high: the number of domestic air travelers is forecast to grow by at least 25% a year through 2010, according to Sydney-based Centre for Asia Pacific Aviation (CAPA), an industry consultancy. Yet due to the air-transportation system's capacity constraints, carriers are being forced to fight for new business by engaging in profit-destroying fare wars. Air Deccan, for example, advertises a special fare of just $6.60 plus taxes for a flight from New Delhi to Jaipur. Add in higher fuel prices...
...result: industry consolidation amid plenty. In March, the government approved a long-planned merger between state-owned carriers Air India and Indian Airlines; meanwhile, Jet Airways, the country's largest full-service carrier, is buying rival Air Sahara for $340 million. The mergers are "an attempt by players to basically get some kind of stability into the market," says Kapil Kaul, New Delhi-based CEO for India and the Middle East at CAPA. "There's been a massive induction of capacity over the past few years. What we're seeing now is sanity beginning to prevail...
...past month. The scene of the (alleged) crime is in a prime location for smokers to take a few drags, says amateur firefighter Alexandra M. Fallows ’08, who extinguished one of the fires. But there was something else fanning the flames. Literally: a hot-air vent is located directly above the would-be fire-pit. Fallows witnessed the small but potentially dangerous fire firsthand during a 1 a.m. snack run, and put it out with the help of a bucket of water and some stomping. Steven J. Wilson ’08, a smoker in Winthrop...