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Showing posts from November, 2018

Indian Aviation Industry Moving Up the Value Chain, Welcoming FDI

  Posting the fastest full-year growth rate for three consecutive years, India  is known as  the world’s  fastest - growing  aviation market. In May 2018, India recorded a double-digit passenger growth for 45  continuous  months.    According to the International Air Transport Association, the country’s Revenue Passenger Kilometre (RPK) rose to 16.6% in the month of  May  2018.  "Passenger demand has continued to be supported by strong growth in the number of airport connections within the country too; 22  percent  more airport-pairs are scheduled to operate in 2018 compared to last year," IATA said. 2018 is expected by IATA to be another year of above-trend passenger growth.   The new Aviation policies articul ated by the Indian Government work  towards grabbing the current opportunities  in the Indian Aviation market  and  turning  them  into realities.  E...