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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.  Effective improvement in the infrastructure, regional connectivity, flexible flying norms for new en