India's aviation market outlook soars

Indian aviation market is emerging stronger with growth in connectivity, networks and airport infrastructure, and the country also has the potential for producing sustainable aviation fuel, global airlines' grouping IATA said Sunday.

- PRESS TRUST OF INDIA

However, the grouping also said that there is a high cost environment in India and also high uncertainty for tax planning.

Amitabh Khosla, Country Director India, Nepal & Bhutan at the International Air Transport Association (IATA) Sunday said the Indian aviation market is witnessing a significant improvement on the back of emergence of stronger airlines within the country, the growth of connectivity and networks.

India has the potential to produce Sustainable Aviation Fuel (SAF). "We understand from our discussions with some of the oil companies in the country that we are looking at India SAF production coming about in 2026," he said.

IATA represents about 350 airlines comprising over 80 per cent of the global air traffic.

Around 1,700 participants are expected to attend WATS and the grouping will also be holding its Annual General Meeting (AGM) in India for the first time after 42 years.