Indian Aviation: Cruising New Heights


Led by strong domestic demand, favourable government policy and a benign fuel outlook, the Indian aviation industry has emerged as one of the fastest growing aviation market in the world. According to IATA, India’s civil aviation market is set to become the world’s third largest by 2020 and expected to be the largest by 2030. IATA’s estimate is based on the consistent growth being witnessed by the industry. The data from Directorate General of Civil Aviation (DGCA) states that India’s air passenger traffic has registered a growth of at least 16 per cent annually in the last decade. The number of passengers rose from 1.40 crore in 2000-01 to 13.5 crore in 2016. In 2015-16, the number of domestic passengers grew almost 22 per cent, recording a traffic of 13.1 crore passengers. However, IATA feels that the very strong upward trend in traffic has slowed since the country’s unexpected ‘demonetisation’ in November 2016. India’s streak of year-on-year double-digit traffic growth may have ended with June, IATA opined. Read More…

You may also read!

UNSC Non-Permanent Seat: India Voted Against Maldives, Ensured It Lost

Did India vote for the Maldives or Indonesia at the recent elections for the UN Security Council non-permanent seat? While

Read More...

Nepal Pushes Out Indian Firm From Hydropower Project Near Tibetan Border

The Nepal Electricity Authority (NEA), the state-owned power utility of Nepal, has asked an Indian firm to stop working

Read More...

Eight Arrested For Playing Anti-National Pakistani Mujahids Song In Rohtas

Police on Monday arrested eight persons, including five minors, for allegedly playing an anti-national song which is usually sung

Read More...

Leave a reply:

Your email address will not be published.

Mobile Sliding Menu