2017: Study of the Indo-China Aviation Market Jan 2017 | Page 3

Study of the Indo-China Aviation Market 2017

Study of the Indo-China Aviation Market 2017

India is said to have the potential to become the world ’ s third largest aviation market by 2020 . The sector is expanding fast boosted by the low cost carriers , state of the art new airports and FDI in domestic airlines . It has been projected that the Indian aviation sector will grow at a rate of 10 % per annum to reach 4.5 billion USD by FY2017 . While the sector is plagued by various problems including high operational costs , high cost of aviation fuel , congested airports and lack of qualified trained manpower there are also various factors contributing to the growth of the sector . These include the high disposable incomes , India ’ s strong economic growth , the new Modi government ’ s support to the sector , rising tourist inflow and improving airport infrastructure .
Why should the report be purchased ?
The report " Study of the Indo-China Aviation Market 2017 ” highlights key dynamics ofthe global , India and China ' s aviation market . The growing opportunity in the sector has been investigated . The initiatives and performance of key players including Cathay Pacific Airways Ltd ., China Eastern Airlines Corporation Ltd , Indigo , Jet Airways ( India ) Ltd ., SpiceJet and Air Indiahas also been examined . The report contains latest industry stakeholder ’ s opinions .