The air travel boom in India has thrown up a new set of challenges before the country's aviation sector. The airport infrastructure needs to be ramped up on priority for the growth momentum to be sustained in the long term.
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Highways to Progress
Tag: IATA
India rises two spots, is 4th largest aviation market now
India's record breaking aviation growth continues unabated. The International Air Transport Association (IATA) has said that the country saw the fourth highest number of passengers taking off in 2016, up two places from the previous year, overtaking the UK and Brazil.
India sees good domestic aviation growth in Feb | IATA
India topped the global charts in domestic air passenger growth for the 23rd straight month in February, helped by strong demand and increased load factor, IATA has said. In February, the countryÂ’s growth in revenue passenger kilometres (RPK) stood at 17 per cent.
Indian air traffic grows at highest rate in the world in January | IATA
India beat all global markets in terms of domestic air traffic growth during the month of January, according to the International Air Transport Association, a global lobbying body.
Our carriers are comparatively inefficient and not aggressive
The new aviation policy has brought in a lot of forward-looking changes to boost the slumping aviation industry; these changes have been made to make the industry more dynamic and lucrative for all the players and to level the playing field. One of the major changes which have been welcomed by the smaller airlines is that, prior to the policy change, an airline needed to have 20 planes and five years of local operations to fly overseas.
There is huge potential for growth in the air cargo market
The reactions are positive and industry is also quite optimistic on the introduction of NCAP 2016. The objective of the government through NCAP is to establish an integrated ecosystem enabling significant growth of the civil aviation sector, which in turn would promote tourism, increase employment and lead to balanced regional growth.
India to become 3rd biggest aviation market by 2026: IATA
India will displace the United Kingdom to become the world-Æs third largest aviation market by 2026
Poised for strong growth
Private players have a pivotal role in the modernisation of airports. Timely determination of policy framework with respect to user development fee for the airports involving PPP will serve as the primary force for drawing private developers.
IATA asks govts to adopt air passenger protection rules
To make air travel experience better for passengers in case of flight disruption, global airlines body International Air Transport Association (IATA) on June 4 asked governments to consider adopting consumer protection regulations without territorial limitations. IATA chief Tony Tyler said in Cape Town that airlines are aligned with governments in wanting to get their passengers to their destinations on time. But sometimes that is just not possible.
Airports: Spreading its wings
India is likely to be the fastest growing aviation market in the world in the next 20 years. Thus, there is a need to adopt a new proactive mindset which does not wait for current infrastructure to become saturated before planning for expansion,