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Air Deccan with its offering of low fare (as low as Rs1 and Rs500) performed exceedingly well.
Income elasticity -
Long haul domestic business - 0.840
Long haul domestic leisure - 2.169
Short/Medium haul domestic business - 0.807
Short/Medium haul domestic leisure - 2.049
It was seen increasing in income especially at leisure segment had a very positive response on the demand of air ticket...
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Air Deccan with its offering of low fare (as low as Rs1 and Rs500) performed exceedingly well.
Income elasticity -
Long haul domestic business - 0.840
Long haul domestic leisure - 2.169
Short/Medium haul domestic business - 0.807
Short/Medium haul domestic leisure - 2.049
It was seen increasing in income especially at leisure segment had a very positive response on the demand of air ticket...
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