With the potential for growth in the Indian civil aviation industry being high, there is a need to take corrective steps to ensure its vibrant and dynamic growth
THE INDIAN CIVIL AVIATION industry which is regarded as one of the fastest growing aviation industries in the world and today, ranks as the third largest in the global market beating assessments made earlier by professional agencies of this happening by 2022. Forecast by the International Air Transport Association (IATA) indicates that India is set to become one of the world’s largest aviation markets by 2034. The Indian civil aviation industry consists of the Indian airline industry as also the general aviation segment which includes business aviation. However, the Indian civil aviation market is dominated by the airline industry which compared to the general aviation segment, is very large and growing. It is also the major driver of growth for the Indian civil aviation industry.
This story is from the February-March 2018 edition of SP's Airbuz.
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This story is from the February-March 2018 edition of SP's Airbuz.
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