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As per several reports, the price of air tickets has been reduced manifold in the last few decades, especially after the deregulation of the aviation industry. The onset of low-cost carriers (LCCs) has surpassed all the benchmarks set by full-fledged airlines.

The onset of low-cost carriers (LCCs) has toppled the equations of the Indian aviation industry. It has grown significantly in the last few years and as per global reports, it is one of the countries having a tremendous scope of growth. Asian and Middle Eastern countries have the potential to emerge as the largest passenger base for various carriers.

The Indian aviation industry in 2013 was finally able to get a pathway to escape from its long period of crises. Apart from the problems of Air India, other airlines ended 2013 on a somewhat upward curve as compared to that in the previous.