India expects to triple aviation market in next 15 years
New Delhi says that India has doubled the size of its aviation market in the last 4 years, and will look to triple it in the next 15 years. India's minister of state for civil aviation Jayant Sinha, adds that by the end of the current 2018 financial year, the country will hit 200m passenger trips. The figure is up from 160m passenger trips made in the 2017 financial year, and double the size from 4 years ago. Sinha states that while India's growth in aviation is noteworthy, it still lags behind China with an annual figure of 500m passenger trips, and the US with 900m passenger trips a year. He acknowledges that India's airports and airspace still remain congested, and that New Delhi has to plan to accommodate future growth. "We have about 500 aircraft in the air, and over 650 aircraft on order," says Sinha. <br/>
https://portal.staralliance.com/cms/news/hot-topics/2017-10-09/general/india-expects-to-triple-aviation-market-in-next-15-years
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India expects to triple aviation market in next 15 years
New Delhi says that India has doubled the size of its aviation market in the last 4 years, and will look to triple it in the next 15 years. India's minister of state for civil aviation Jayant Sinha, adds that by the end of the current 2018 financial year, the country will hit 200m passenger trips. The figure is up from 160m passenger trips made in the 2017 financial year, and double the size from 4 years ago. Sinha states that while India's growth in aviation is noteworthy, it still lags behind China with an annual figure of 500m passenger trips, and the US with 900m passenger trips a year. He acknowledges that India's airports and airspace still remain congested, and that New Delhi has to plan to accommodate future growth. "We have about 500 aircraft in the air, and over 650 aircraft on order," says Sinha. <br/>