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Investor Presentaiton

5 Deregulation Hub and Spoke Network Before Deregulation After Deregulation Hub Hub Hub and Spoke Before Deregulation, seen its routes, with patterns point to point, where there are two airline (red and blue), which operates in 10 cities. With these restructuring and by using a hub and spoke pattern (Fig. 1 After Deregulation), the distribution of the second route each airline operating at a particular area and the main hub and make other destinations as spokes. Fig. 1-Hub and Spoke (Before and After Deregulation)

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