‘Aviation will grow in double digits in India for many years to come’

India is set to become the third largest aviation market by 2025, after the US and China, says the International Air Transport Association (IATA). The global airline industry body also expects Indian aviation to grow in double digits for the next few years, while most developed global economies are expected to see slower aviation growth.

India will, however, need to address several challenges that could delay its aviation growth story, including quickly building second airports and addressing related infrastructure needs at major cities, bringing down the high tax structure on jet fuel, MRO (maintenance, repair and overhaul) services, and other bottlenecks, IATA’s director general Alexandre de Juniac told Mint on the sidelines of a Global Media Day event recently. Edited excerpts from an interview: Read More

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