New Delhi, July 3: With an aim to overtake China and Indonesia, to become the fastest-growing air traffic generating market, Singapore set to explore more airline services to India at lower fares.
Singapore’s Changi Airport Group’s Managing Director for Air Hub Development Lim Ching Kiat said that the new services have been explored to Pune, Madurai, Bhubaneswar, and Guwahati will be added to the 15 cities in India that airlines already operate to and from Singapore.
From January to May of this year, around 1.7 million passengers travelled between Singapore and India which is a 15% jump over the same period of last year, informed Lim. After Australia and Indonesia, India is currently the third- largest contributor of Changi Airport's transfer traffic, he added.
By comparison, traffic to and from China during the same time grew by 12%, while Singapore-Indonesia traffic increased by 9%. Including Singapore Airlines, Scoot, Tigerair, Air India and Jet Airways, there are currently nine airlines that fly between Singapore and India.
Among the Indian cities, the routes ranked in top-performance are Mumbai, Chennai and Bangalore.
The traffic increase has come on the back of additional capacity provided by airlines with more flights and flying bigger aircraft, which led to increase in a number of seats by 21% on the Singapore-India sector. The increase was seen in the first five months of the year as compared to the same period of last year.
Last week, the India's largest domestic carrier ‘IndiGo’ launched a new daily non-stop service between Singapore and Bangalore.
A growing Indian expatriate population in Singapore and the strong Singapore-India trade links are driving demand for travel between these two countries, with competition among carriers bringing fares down for travellers.
The High Commission of India in Singapore informs that the Singapore is among India's largest trade and investment partners having more than 22% of India's overall trade with Asean countries from 2014 to 2015.
Lim informed that Indian travellers also feature significantly among transfer and fly-cruise passengers.
Last year, almost 100,000 cruise passengers from India were registered by the Singapore Tourism Board, which is the highest for any country.