AVIATION SECTOR

PRESENTED BYABHISHEK PRATAP SINGH ROLL NO.- 03

Growth rate of Indian aviation industry is 18% per annum.

The Aviation Industry in India is the most rapidly growing aviation sector of the world. Out of the 454 airports and airstrips in India, 16 are designated international airports. Currently 97 airports are owned and operated by the Airports Authority of India (AAI).

Indian carriers currently have a fleet size of 310 aircrafts. India's civil aviation passenger growth, presently at 20 per cent, is one of the highest in the world.

The history of civil aviation in India started with its first commercial flight on February 18, 1911. The first domestic air route between Karachi and Delhi was opened in December 1912.
After three years the regular airmail service opened between Karachi and Madras by the first Indian airline, Tata Sons Ltd.

The Government of India together with Air India set up a joint sector company, Air India International, in early 1948.

Scheduled air transport service: Which includes domestic and international airlines. Non-scheduled air transport service: Which includes charter operators and air taxi operators. Air cargo service: Which includes air transportation of cargo and mail.

Public players

Private players

Start up players
Omega Air Magic Air Premier Star Air MDLR Airlines

The growth in the Indian economy has increased the Gross Domestic Product above 8%. With the growth in the economy and stability of the country, India has become one of the preferred locations for the trade and commerce activities RBI announced that foreign institutional investors might have shareholdings more than the limited 49% in the domestic sector.

Aviation Industry in India holds around 69% of the total share of the airlines traffic in the region of South Asia.

Strengths

Growing tourism Rising share of low cost carriers Rising income level

Weakness

High operational cost for airlines High security threats Infrastructural constraints Untapped Air Cargo Market

Opportunities
The opening up of new international routes India anticipates doubling of passenger traffic over the next decade. Economic Growth Growth in Tourism

Threats

Government Regulations Shortage of Pilots and maintenance engineers. Security and safety Other means of transportation

India's Civil Aviation Ministry aims at 500 operational airports in the next 12 years, as per a report by Centre for Asia Pacific Aviation (CAPA). The government aims to attract private investment in aviation infrastructure.
By 2020, Indian airports are expected to handle more than 100 million passengers including 60 million domestic passengers and around 3.4 million tones of cargo per annum.

Over the next five years, AAI has planned a massive investment of US$ 3.07 billion - 43 per cent of which will be for the three metro airports in Kolkata, Chennai and Trivandrum - Rest will be for non metro airports