Wyndham Hotels and Resorts is introducing its Microtel by Wyndham Brand to India – its eighth brand in the country – through a development agreement with NILE Hospitality.
17.10.2024 - 04:23 / skift.com / Bulbul Dhawan
In its latest move to attract international travelers, budget carrier IndiGo has entered into a codeshare agreement with Malaysian Airlines. In a codeshare agreement, partner airlines are able to sell seats in flights operated by the other carrier.
IndiGo is not alone in fostering codeshare agreements: other domestic airlines including Vistara and Air India have been using this to strengthen India’s connectivity with other countries. As Indian travelers increase and look to travel more, international connections are important for Indian airlines to capture a larger share of the market.
Indian airlines held a 43% share of India’s international passenger traffic last fiscal year. In the April to June quarter, this figure was more than 45%: an increase of over 10 percentage points as compared to pre-pandemic figures. Credit rating agency CRISIL Ratings expects this to increase to 50% by the 2027-28 fiscal year.
Increasing international connectivity is important for Indian carriers as carriers in the Middle East, such as Emirates and Qatar Airways, have been seeking grants of more flying rights to operate an increased number of flights to and from India. Apart from this, Singapore, Indonesia, Malaysia, and Turkey are also seeking more flying rights to and from India.
Indian airlines such as Air India and SpiceJet have been against granting more flying rights to airlines from other countries. They have instead been calling for more focus on developing hubs within India to benefit domestic airlines. Air India CEO Campbell Wilson had said that granting more bilateral rights would feed the economies of those countries instead of India’s as they would take traffic from India and transfer about 80-90% of it to other parts of the world.
Earlier this year, IndiGo Chairman V Sumantran had said that India is becoming a convenient hub for travel between Southeast Asia and the Middle East.
Codeshare Agreements: A flight under the codeshare agreement is assigned flight codes for each of the partner airlines. As part of the agreement with Malaysia Airlines, domestic flights operated by the Malaysian flag carrier in Malaysia will get IndiGo’s flight code ‘6E’. Meanwhile, Malaysia Airlines’ flight code ‘MH’ will be added to flights to 7 Indian destinations.
Over the years, IndiGo has been using the codeshare agreement to bolster its international network. Apart from Malaysia Airlines, it has codeshare partnerships with Turkish Airlines, British Airways, Japan Airlines, Qatar Airways, American Airlines, Air France-KLM, Qantas, and Virgin Atlantic.
IndiGo’s fleet currently only includes narrowbody planes, and it only placed its first-ever widebody aircraft order earlier this year. It had, therefore, relied on such
Wyndham Hotels and Resorts is introducing its Microtel by Wyndham Brand to India – its eighth brand in the country – through a development agreement with NILE Hospitality.
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