Search Result for : Domestic Traffic

By Abin Daya Despite all what the flat-earth proponents might say, the world is surely round. I’m convinced of that! Things do come back a full circle. 64 years after it enacted the Air Corporations Act and nationalised the Air India, the government has decided that it does not want to be in the business of ferrying passengers over air any more. It is looking to privatise the airlines, and the Tatas, from whom the airline was originally taken over, seem to be the most likely suitor. The performance of the domestic air passenger industry is one of the topics in today’s update. However, the main topic for today’s update is India’s export performance for the month of May 2017. While export performance has ...

The Dollar Business Bureau Another 20 years, the aircraft industry is going to see it boom in India and other emerging markets. The domestic traffic would help generate an aircraft demand worth $5 trillion and the fleet across the aircraft industry is expected to double by 2034, said Airbus. The traffic outflow in India alone is estimated to be six times more during this period thus giving it the credit of the fastest growing markets globally. Airbus has also identified Mumbai and Delhi airports among the most crowded ones across the world. It is also pointed out that in the next 20 years, global passenger traffic will fatten at an average of 4.6% a year, hammering a need for some 32,600 ...