[ad_1]
The post Indian air travellers to grow to 400 million in the next 7-10 years appeared first on TD (Travel Daily Media) Travel Daily.
This was reiterated by Jyotiraditya Scindia the Union Civil Aviation Minister of India. He said: “India saw around 140 million domestic and 60 million international passengers pre-Covid and with the growth, we should be able to double our passenger traffic in the coming seven to 10 years.”
India had 400 aircraft in 2013-14, he added: “Currently, India has 700 aircraft, and we are adding a delta of almost 15% per annum. We should be able to see a 1,012-strong fleet in the coming five years.” Infrastructure for the travel and hospitality industry is being developed. “We will have 220 airports, inclusive of water drome and heliports, by 2026,” he said.
He also spoke about the need for an international hub in India and anchor airlines at particular airports. Besides, airlines must have wide body aircraft to transport passengers internationally. “We must also make sure that there is a synergy between domestic departures and international departures. The slot allocation must be based on that. “I think we must take one or two airports and make a model of that… it is work in progress,” the Union Civil Aviation Minister said.
Giving a positive outlook for the growth of airlines in India he said: “From an airline perspective, growth opportunities are tremendous…we are now closely competing with Indian Railways with our segment of competition, which is limited to 1AC and 2AC. The railways transport only around 185 million passengers (1AC and 2AC), hence they are growing at 5.6% CAGR, while the aviation sector is growing at 10.3%,”
The post Indian air travellers to grow to 400 million in the next 7-10 years appeared first on Travel Daily.
[ad_2]
Source link