Civil analysis
sky is the limit for indian aviation. While indigo continues to soar, the sudden fall of jet airways became one of the most astonishing surprises.
Indian Civil Aviation A Reality Check To fully harness the growth prospects of Indian aviation, issues have to be addressed via deliberate and decisive measures
Photograph: Airbus
By Satyendra Pandey From 44 million domestic passengers in 2008 to 121 million domestic passengers in 2018, the airline industry in India has come a long way. This rate of growth is forecast to continue with India becoming the third largest aviation market in the world by 2030. A growing middle class that is 300 million strong as of now, a trend towards urbanisation leading to increased demand for air travel, a rising propensity to spend and significant capacity entering the market – all key
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factors for growth are aligned. Increasingly, passengers are taking to air as a mode of transport and India is targeting 500 million passenger trips in the next 20 years. These trips will have to be supported by an entire ecosystem including various stakeholders. From Original Equipment Manufacturers (OEMs) to Lessors and Financiers, from Maintenance Repair and Overhaul (MRO) providers to Multi-lateral agencies and from Airports to Airlines – to name a few. And the ecosystem
ISSUE 3 • 2020
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