Buses emerge as preferred transportation in H'bad, B'lore

Published on Sat, Jul 05, 2008 at 16:43 |  Source : CNBC-TV18

Updated at Sat, Jul 05, 2008 at 19:28  

Like this story, share it with millions of investors on M3
0
0
Share on Tumblr
Buses emerge as preferred transportation in H'bad, B'lore

By Vishwanath Pilla and Gautam Srinivasan , CNBC-TV18

As airfares continue to rise and airlines cut down routes in the south, one industry is driving away with a windfall and that is bus operators. Buses are emerging the preferred choice of transport between Hyderabad and Bangalore .

Hyderabad and Bangalore are the two cities which have their new international airports at the outskirts. This means that people who are flying from either city have to take into consideration additonal hours and an additional cost and add to that the rising airfares. Airlines are like the last option for the average commuter, especially between Hyderabad and Bangalore. These commuters are turning to the easier and more humble option - the Volvo bus.

Hari, a commuter, said, "I frequently travel to Bangalore. After opening of new airports in the two cities, I believe bus travel is more feasible and practical because of the time involved and the money you have to spend on air travel."

Buses take the fast lane

Typically, bus travel between the two cities takes 9-10 hours at a cost of Rs 750. Bus operators seem to have latched on to the new drive. Currently, 80 bus services including 45 Volvo buses ply between Hyderabad and Bangalore. To service the growing demand, operators are planning to increase the frequency of their routes.

APSRTC or the Andhra Pradesh Road Transport Corporation will soon be launching four Volvo buses to Bangalore.

Dinesh Reddy , Vice Chairman, APSRTC said, "After the airports shifted, people prefer surface transport. We are seeing more patronage for bus travel. In that regard, we want to capture travelers who otherwise travel on air through our Volvo services." Bus major Volvo is likely to benefit, it has already bagged orders over 300 buses from the Karnataka and Andhra Pradesh combine.

Akash Passey , MD, Volvo Bus India, said, "With airports coming outside the city it's a very good opportunity for Volvo. It will be challenging for low cost airlines to operate at low distance. But it adds to the bus business."

It seems like the new airports seems to be benefitting the bus industry.

  

Trending News

Business News

Sony to roll-out ICS update next week, Xperia PLAY gets the boot
Reebok execs named in Rs 870 cr fraud denied anticipatory bail "Reebok execs named in Rs 870 cr fraud denied anticipatory bail"

Live Updates: KKR favourites in last-over battle

Rel Comm Q4 Cons Net Revenue Up 5% At `5,310 Cr (QoQ)

The latest earning numbers FIRST on CNBC-TV18
Videos

May 25 2012, 22:26

NHPC posts profit amid capacity addition, delay woes

- in Results Boardroom

Interviews

May 27 2012, 11:52 | Source: CNBC-TV18

Expect to maintain EBIDTA margin ahead: Wockhardt  

May 27 2012, 11:00 | Source: CNBC-TV18

e-commerce market in India: What's in store?  

Subscribe to

Moneycontrol Newsletters

Moneycontrol.com offers you a choice of various sectoral and other newsletters for FREE!