Traffic Rights: Will Indian Carriers Pick Traffic over Dubai?
News on airline bilateral rights between nations always attracts attention. Given the ever-growing interest in travelling international, India remains one of the fastest growing originating markets globally. This is where the world’s single biggest aircraft orders are coming from, it is a most lucrative place to be. Why are bilateral rights important? They determine how many seats you can offer on any country-to-country basis. This determines finally the price of each ticket. Connectivity plays an important part in business and economy and commercial global play. The background: Indian carriers were not growing two decades back, our national carrier was limping, especially after the failed merger of Air India and Indian Airlines; its inability to service the purchase of newly ordered planes added to its woes. How would an Indian travel? European carriers did not have the appetite and it was the Middle Eastern airlines that looked for markets, they found one big one in their own backyar