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Who will be the Targeted Customers?
The existing customer base of UB group.
There may be first time fliers.
The people who are currently traveling by the train may switch to air travel (mainly the affluent class who are just above the middle class & below the upper class but have money to spend but usually don't get proper variants to spend).
Employees/CEOs.
Differentiators
Costs lower than economy class travel on full service airlines.
Marginally more than the "bus services" type low cost competition.
Lowest per seat mile cost in India by virtue of a combination of leased and purchased aircraft.
Maximum capacity utilization with the lowest turnaround times.
Maintains low operating overheads by maximizing outsourcing of ground handling with emphasis on quality of service and competitiveness.
Extensive use of IT to lower costs and allow for constant dynamic models on pricing, aircraft utilization and route planning.
Fares will be 25% cheaper than those offered by Jet and Indian Airlines.
Coined the term "Value carrier": that means they are not Like Air Deccan & will offer some frills.
Kingfisher is likely to become the first Indian carrier to operate the double-decker A-380 aircraft (to be launched shortly by Airbus).
It is the first private carrier in India to be equipped with ACCARS (Airborne Communications Addressing and Reporting System).
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* Contributed by -
Manasi Panigrahi,
Pursuing MBA, Batch of 2006,
ICFAI Business School, Hyderabad.
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