Diabytes
Indian aviation market News
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India has crossed the pre-COVID number of air travellers by 10 per cent to reach 455,000 passengers daily, with airlines now operating at 80-90 per cent load factor.
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Following Australia, Malaysia, and Indonesia, India is now the fourth-largest passenger market for Singapore's Changi airport.
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IATA chief Willie Walsh says the Indian market has not seen the pace of growth that was seen in China, the potential exists and emphasised that in India, he sees a really exciting market and opportunities, reports PTI.
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Jazeera Airways, which commenced operations in India last year, currently flies to Hyderabad, Mumbai, Kochi and Ahmedabad from the Gulf nation.
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FlyEasy is currently awaiting aviation regulator DGCA approval for starting a regional airline.
Eyeing big orders from Indian airlines, world's leading aircraft maker Airbus has said that India's aviation market will grow at over 10 percent annually in next ten years, which would be double the average global growth rate.
Bullish on Indian aviation market, top aircraft maker Boeing has said that operating environment has improved for airlines in the country but there is a need to get the airfare metrics right to make profits.
Expressing reservations over the new entrants wanting to fly globally, budget carrier GoAir has said domestic market needs to be served first before spreading wings abroad.
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