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Today, they all exist. You can fly SpiceJet from Delhi to Mumbai for Rs 99 or Air Deccan from Delhi to Bangalore for Re 1.
But before you rush to buy your ticket, stop to consider for a moment:
Aviation turbine fuel is 2.5 times more expensive in India than anywhere else in the world.
Navigation charges are 60 per cent higher than in other countries.
Landing fees at Indian airports are 70 to 80 per cent higher than at airports round the globe.
Given that these costs are fixed and the same for all airlines that fly in Indian skies and account for close to 40 per cent of total costs how do low-cost carriers earn their name?
"Perhaps it would be more fair to call them low-fare carriers," muses Faisal Wahid, director, East West Airlines...
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