India’s civil aviation sector; heres what you need to know
In what is mostly associated with the elite class of the society, India’s civil aviation sector soared in 2017 as passenger traffic continued to rise on the back of more regional flights and higher disposable income levels.
Addressing industry chamber FICCI’s 90th AGM here earlier this month, Prime Minister Narendra Modi said his government’s policy reforms had resulted in an equitable and inclusive growth for the sector.
Besides augmenting passenger traffic growth, the Rs 2,500-an-hour flight services launched under the regional air connectivity — UDAN — scheme also expanded the country’s aviation infrastructure.
In the first phase, contracts to five companies were awarded to operate flight services on 128 routes to 70 airports. Till recently, RCS-Udan operations to 13 airports had commenced, with an additional 12 ready to receive flights.
Apart from enhanced services to non-metro cities, the sector has also benefited from the rise in domestic disposable income levels and lower jet fuel prices, all of which accelerated passenger traffic growth in 2017.>