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Research and Markets: Opportunities in Indian Aviation Sector: An Analysis

Dépèche transmise le 21 février 2011 par Business Wire

Research and Markets: Opportunities in Indian Aviation Sector: An Analysis

Research and Markets: Opportunities in Indian Aviation Sector: An Analysis

DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/ce9ec6/opportunities_in_i) has announced the addition of the "Opportunities in Indian Aviation Sector: An Analysis" report to their offering.

“Opportunities in Indian Aviation Sector: An Analysis”

Aviation has been recognized as one of the fastest growing sectors in India. With the modernization, technological development and fleet expansion, the Indian Aviation Sector has experienced drastic changes in the recent past. Now, a large number of people prefer to travel by air transport due to the lack of time and rising disposable income. Consequently, the domestic and international air traffic in the aviation sector has been registering a phenomenal growth over the past few years. In FY 2010, the domestic air traffic stood at approximately 46 million against 40 million in FY 2009, an increase of about 15 per cent. Similarly, the total domestic cargo grew by more than 15 per cent to reach at approximately 390000 tonnes in FY 2010.

As the fuel prices in the country are touching the sky, various private full service carriers have increased the airfare to cover the cost of investment. In order to control the soaring air ticket prices the Indian Government is taking various initiatives to make the air travel affordable for the middle class people. The drastic increase in the air ticket prices and recent Government initiatives has encouraged us to do a trend analysis of air ticket prices in the country and its impact on the passenger traffic. Further, the growing popularity of regional airline services in the country has also prompted us to do a study on the prospects of investing in regional airline services.

The report titled Opportunities in Indian Aviation Sector: An Analysis provides a comprehensive and crisp analysis of the current status and future growth prospects of the Indian aviation sector. The report provides an insight into the trends & opportunities that are prevalent in the market and are playing an important role in fuelling its growth. In addition, the report also touches upon the air ticket pricing trend in the industry. Further, the report profiles major airline service providers in the country including Air India, Jet Airways and Kingfisher to describe the industry competitive scenario. Besides this, the report also provides information on the various issues and challenges, which if not addressed might hamper the growth of the sector. Finally, the report concludes with providing the future outlook of the industry.

Key findings in the report include:

  • Supported by a number of factors such as increasing disposable income, airport modernization, entry of low cost carrier and online ticket booking, the domestic air passenger traffic is projected to grow at a CAGR of approximately 17 per cent between FY 2010 and FY 2017.
  • In order to address the growing air passenger traffic from tier II and tier III cities (Lucknow, Surat, Jaipur, Patna) a number of airlines is going to start regional airline services across the country. For instance, Religare Voyages, a charter airline service provider got an approval to enter in to the regional airline service segment.
  • Supported by a number of factors such as favorable government initiatives, increasing overseas trade and strong economic policies and trends, India is expected to become a global cargo hub in near future.

Key Topics Covered:

1. Research Methodology

2. Indian Aviation Sector An Overview

3. Growth Drivers and Trends

4. Segment Analysis

5. India The Next Air Cargo Hub

6. Regional Airline Services An Emerging Opportunity

7. Air Ticket Pricing Trend Analysis

8. Issues and Challenges

9. Key Players Profile

10. Conclusion

Companies Mentioned:

  • Air India (Formerly known as NACIL)
  • Jet Airways
  • Kingfisher
  • Spice Jet
  • IndiGo Airlines

For more information visit http://www.researchandmarkets.com/research/ce9ec6/opportunities_in_i

Business Wire

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