Air India's budget airline head expects capacity growth to outpace demand
Air India's budget airline head expects capacity growth to outpace demand
NEW DELHI, March 28 (Reuters) - The head of Air India Express said on Friday that the increased capacity Indian carriers expect to add in coming years will outpace demand, which may potentially bring down ticket prices, as the airline industry comes under criticism for rising fares.
India's domestic air travel sector is among the fastest growing in the world. But IndiGo and Air India Group, which includes the namesake full-service airline and budget unit Air India Express, control about 90% of the market.
