aviation
Emergence of new players in the Indian civil aviation sector, like AirAsia India and Tata-Singapore International Airlines has shown signs of growth in the sector after long period of troubles. However the domestic passenger traffic that has been encountered in Indian airports has grown only by 5.2 percent in 2013-14. The growth though minimal is [...] Continue Reading »
In an expert call for an investigation, many things were revealed which might be detrimental for the ailing aviation industry. During the era of cheap flights, the demand was more and the industry was doing well. However post-recession demands went down as the companies started cost cutting measures and reduced travel for their executives and [...] Continue Reading »
Union Minister of Civil Aviation Ajit Singh announced in Hyderabad that airports in India are expected to attract investments worth $12.1 billion during the 12th Plan period, including $9.3 billion from the private sector. India is expected to reach third position with a fleet size of 1,000 by 2020 and holds 9th position in civil [...] Continue Reading »
The Government is planning to build airports in smaller cities in the next 20 years. The plan is to build around 200 low-cost airports, with infrastructure a little bigger than a railway station. Under the Greenfield Airport Policy, fifteen low-cost airports would be taken up in the next few years. The government believes that the [...] Continue Reading »
