Early to talk Air India-IndiGo duopoly: Akasa co-founder Praveen Iyer

On the issue of airfares, he said that April, May and June are traditionally the peak months for the Indian aviation industry

It is too early to talk about a duopoly of IndiGo and Air India in the domestic aviation market as Indian carriers’ fleet size and load factors are evolving, Akasa Air’s Co-founder and chief commercial officer Praveen Iyer said on Monday. 

Moreover, he said that airfares in India were affordable, with perfect equilibrium between demand and supply, and these would continue in the foreseeable future. The airfares were high in May and June, especially after Go First stopped operating flights from May 3 onwards, following which the civil aviation ministry had asked the carriers to bring down fares to a moderate