India to be 3rd largest aviation market by 2026: IATA

The International Air Transport Association (IATA) forecasts that India will be the third-largest aviation market in the world within 10 years. Referring to the draft National Civil Aviation Policy (NCAP), Tony Tyler, Director General of IATA, says, “India should develop its aviation policy to try to realise the huge potential of this market. Clearly it’s a good thing that the government has put together an aviation plan that will help make this happen. Certainly having an aviation plan like this is a step in the right direction but I do have to say that I am concerned about some aspects of it. Particularly where it’s going to ride cost to the industry or in some cases deviate from what are well accepted, tried and tested global principles. I have written to Ashok Gajapati Raju, Minister of Civil Aviation and Choubey, Civil Aviation Secretary about these issues.”