Competitive intensity of high-speed rail and its effect on regional airlines
High-speed trains run at a minimum speed of 250 km/h or 155 mph. This report explores the current state of high-speed rail and its impact on airlines in different markets.
New York, Oct. 11, 2022 (GLOBE NEWSWIRE) — Reportlinker.com announces the release of the report “Competitive Intensity of High speed Rail and Its Effect on Regional Airlines” – https://www.reportlinker.com/p06327097/?utm_source=GNW
Airlines that once saw low-cost carriers as their only threat now face increased competition from high-speed rail operators, especially as some develop lower-cost services.
Incumbent airlines are considering their options to compete with, or even collaborate with, rail operators, low cost carriers and each other to provide better service, remain cost competitive and retain customers by offering additional options for their routes.
High-speed rail in Europe has grown and replaced some domestic routes, but the intra-European market still presents many opportunities for air carriers with many routes underserved or not served by rail.
Travel to India and the United States is still regulated by the airlines.
The US rail network is underdeveloped and India remains a growing market for air transport.
Japan, the innovator of high-speed rail with its bullet train, has many domestic travelers who use both air and rail services.
High-speed rail service in China, the country with the most road miles in the world, has prompted some airlines to scrap short-haul flights, but medium-haul flights are in fierce competition with rail.
Author: Nripendra Bahadur Singh
Read the full report: https://www.reportlinker.com/p06327097/?utm_source=GNW
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