Transportation in India - New Market Research Report
Transportation posted a 9% increase in value sales in 2012, which was the same as the review period CAGR. In 2012 airlines were negatively impact by the rising price of fuel. In addition, increased airport maintenance prices, food prices and other ancillary costs resulted in scheduled and chartered air tickets prices rising sharply. This led to consumers shifting towards low cost carriers; as ticket prices rose, low cost carriers with their no frills positioning and comparatively cheap air...
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