Tag Archives: India’s aviation sector

Will create 50 new airports in next 5 years to take aviation sector to newer heights: KR Naidu

KR Naidu, MoCA, GoI, said, “India’s aviation sector will grow as the government intends to add 50 new airports in next five years. Currently, India has 159 operational airports, and by 2030, government plans to have 209 airports. “The government aims to drive India’s aviation sector to new heights,” he added.

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India’s aviation market growth needs to be matched with capacity; open for partnerships: Emirates CCO

Pitching for increased bilateral flying rights between Dubai and India, Adnan Kazim, Deputy President and CCO, Emirates Airline, said, “Indian aviation market’s pace of growth needs to be matched with capacity, and increased competition will provide more choices for consumers. Currently, India is a top-tier market, with more demand than the offered capacity.”

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Indian aviation sector to grow at CAGR of 6% in next 20 years: IATA

India’s aviation sector is expected to grow at a Compound Annual Growth Rate (CAGR) of 6 percent in the next 20 years, revealed Andrew Matters, Head of Policy Analysis, International Air Transport Association (IATA). “We at IATA expect Indian aviation to cater to 430 million additional air passenger journeys to and from and within India in 2040 compared to 2019,” he said.

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