With a market size of around $16 billion, India is the ninth largest civil aviation market in the world today. During the Eleventh Plan period (2007-12), passenger traffic grew at a CAGR of 11 per cent
Tag: Satyan Nayar
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Draft National Civil Aviation Policy (DNCAP) 2015 – Industry view
It provides a fillip for promotion of regional air connectivity. AAI will examine the feasibility of developing AAIĆĀ“s balance non-operational airports factoring the changed environment and the need for regional and remote area connectivity. For the non feasible, non-operational airports, other potential uses are being explored.
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Viability of the project and a reasonable rate of return are not ensured by the policy makers.
Satyan Nayar, Secretary General, Association of Private Airport Operators, shares his views on private participation in aviation infrastructure with Janaki Krishnamoorthi.