Indian Aviation Industry










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Aviation Industry INDIAN AVIATION INDUSTRY AT A GLANCE IN 2017- 2018 Aviation Industry


General Overview

The civil Aviation industry in India has emerged as one of the fastest growing industries in the country during the last three years. India is currently considered the third largest domestic civil aviation market in the world. India is expected to become the world’s largest domestic civil aviation market in the next 10 to 15 years, as per a Union Minister. According to the Directorate General of Civil Aviation, domestic passenger traffic witnessed growth at a rate of 22 per cent in FY17, in comparison 21.24 per cent in FY16. International passenger traffic registered growth at a CAGR of 8.33 per cent over FY06-17. During FY17, domestic passenger traffic increased by 22 per cent in comparison with growth rate of 21.24 per cent in FY16.


Indian Aviation Industry in 2017-2018

Aviation Industry Growth

According to International Air Transport Association IATA, India will displace the UK for the third place in 2025. The Indian Aviation industry has expanded a lot, driven by factors such as low-cost carriers (LCCs), modern airports, Foreign Direct Investment (FDI) in domestic airlines, advanced information technology (IT) interventions and growing emphasis on regional connectivity. Air traffic in India rose 15.80 per cent year-on-year to 280.24 million during April-February 2017-18. Witnessing a growth of 18.50 per cent over the previous year, total passenger traffic stood at a 264.97 million in FY17. India’s passenger traffic grew 15.80 per cent y-o-y to 280.24 million during April-February 2017-18.

Aviation Industry Forecast

India is expected to become the third largest Aviation market by 2020 and is expected to be the largest by 2030

Aviation  INDIAN AVIATION INDUSTRY AT A Glance IN 2016 - 2017

Aviation  INDIAN AVIATION INDUSTRY AT A Glance IN 2015 - 2016

Aviation  INDIAN AVIATION INDUSTRY AT A Glance IN 2014 - 2015

Aviation  INDIAN AVIATION INDUSTRY AT A Glance IN 2013 - 2014

Aviation  INDIAN AVIATION INDUSTRY AT A Glance IN 2012 - 2013

Aviation  INDIAN AVIATION INDUSTRY AT A Glance IN 2011 - 2012

Aviation  The Federation of Indian Airlines (FIA)

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