INTRODUCTION Aviation industry in India has the potential to fester because - 16 Millions Indians argon travelling by rail passing(a) 19 Millions Indians be travelling by bank bank bill yearly Due to bilateral billet handicraft agreements, the external air traffic increased by 17%.Only 1% of the Indian population have utilise the airplane at least once(Air Deccan: รข€ž40% of our rider are first sequence travellers) 450 500 Million. Indians are potential air travellers. There were lone(prenominal) TWO players in post independency era.All airlines were merged both into Indian Airlines or Air India (Air Corporations Act,1953). presidential term monopoly for future(a) 40 years (till 1991).Huge entry barriers for private players. veritable SCENARIO The relaxation behavior of aviation industry in India has precipitated the boom for national and world-wide rider carriers. The domestic help passenger and commitment traffic record a growth rate of 44.6% and 8.7%, and the international passenger and cargo traffic recorded growth rates of 15.8% and 13.8% one by one during 2006-071. The Airport potentiality of India (AAI) manages total 122 airports in the country, which imply 11 international airports, 94 domestic airports and 28 elegant enclaves.
upper side 5 airports in the country dish out 70% of the passenger traffic of which Delhi and Mumbai to beginher account for more than than 50%. The a la mode(p) data compiled by Airports Authority of India (AAI) shows that all the airports handled 90.44 million passengers during the schedule year 2006 compared with 67.95 million handled during the resem! bling period in the prior year2. The substantial growth of Indian aviation industry is for the most part due to: (i) wretched fares offered by Low Cost Carriers (LCC) alike Deccan, Spicejet, GoAir etc; and (ii) Scheduled domestic air services are directly available from 75 airports as against just 50 antecedent so it is translucent that Indian airline industry is developing vigorously at a rate of 25-30% and is expected to continue International...If you hope to get a full essay, order it on our website:
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