Indian airlines soar as more people are taking to the skies in ever greater numbers
A major acquisition by SpiceJet this week underscored the vast potential of India as the world’s fastest-growing aviation market, but experts say woefully inadequate infrastructure and high operating costs could threaten the industry’s rapid expansion. India’s burgeoning middle classes are taking to the skies in ever greater numbers, with passenger growth of 20% in 2015 according to IATA — nearly double China’s 11% increase over the same period. Experts say the country’s aviation sector holds vast untapped potential, with just 100m of India’s 1.2b people taking to the skies last year. But they warn that India’s rickety infrastructure could hold back future growth, with just 90 of the country’s more than 460 airports currently operational. <br/>
https://portal.staralliance.com/cms/news/hot-topics/2017-01-16/general/indian-airlines-soar-as-more-people-are-taking-to-the-skies-in-ever-greater-numbers
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Indian airlines soar as more people are taking to the skies in ever greater numbers
A major acquisition by SpiceJet this week underscored the vast potential of India as the world’s fastest-growing aviation market, but experts say woefully inadequate infrastructure and high operating costs could threaten the industry’s rapid expansion. India’s burgeoning middle classes are taking to the skies in ever greater numbers, with passenger growth of 20% in 2015 according to IATA — nearly double China’s 11% increase over the same period. Experts say the country’s aviation sector holds vast untapped potential, with just 100m of India’s 1.2b people taking to the skies last year. But they warn that India’s rickety infrastructure could hold back future growth, with just 90 of the country’s more than 460 airports currently operational. <br/>
