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India emerges as world's third largest aviation market: Minister

  •   Wed, May 31 2017 08:43:03 AM

New Delhi, May 31 (IANS): The central government on Tuesday said that India has emerged as the third largest aviation market in the world with a passenger traffic of over 10 crore reported for 2016-17.

This was stated by Minister of State for Civil Aviation Jayant Sinha at a media event on the achievements of the Ministry of Civil Avation on the completion of three years of the NDA government.

Sinha said that government's key scheme in the sector -- regional connectivity scheme (RCS-UDAN) -- will allow India to have 200 plus airports in the next 10-15 years.

According to the Civil Aviation Minister Ashok Gajapathi Raju, his ministry has worked towards reshaping the aviation ecosystem for "affordable and convenient flying for everyone" by bringing in the National Civil Aviation Policy 2016.

On air fares, Raju pointed out that "average or median air fares" fell by 18 per cent during 2016-17 and that scheduled domestic flight movements rose from 7 lakh in 2014 to 8.2 lakh in 2016, an 8.2 per cent CAGR growth.

The minister added that there are currently 496 aircraft in operation with domestic airlines, and another 654 planes are under purchase orders.

  

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Comment on this article

  • Max and Jessie Rasquinha, Mangalore, Houston/Dallas, texas

    Wed, May 31 2017

    By the year of 1930 Indian will by-pass in the population. Besides, our Economic growth as well as our literacy growth will also increase remarkably as years pass by. Obviously, our Transportation growth, our Communication Growth as well as our Housing and Health requirement will grow proportionately with the supply and demand curve moving upward dramatically.

    The most important thing that our people have to take into consideration is that, as the growth of population grows and so also the supply and demand, they have to abolish as many barriers as possible in every segment possible and make every industry accessible to the people. Our schools and colleges need be geared up with the positive pathways and wherever possible eradicate the elements of corruption. Enforce as many good measures of disciplines as well as Rules and Regulations, but let the people be encouraged to move forward with equal opportunities made available. India is a country that people know the hardships of life and will therefore cooperate with the Government in every measure possible.

    Free Enterprise system is the Key for India's future growth and progress. Let Hard Work and honest work be the milestone of India's future, and ultimately everyone will be the winner. There is no reason for anyone to lose unless he or she wants to be self-centered with motives that are selfish. Best of luck.

    DisAgree Agree Reply Report Abuse


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