And we’re sure you’ll be flabbergasted to hear that the overall fleet strength of this sector in India grew at a mind numbing 77.1% (135 aircrafts added) during the past two years. And if these failed to amuse you, we have brighter forecasts made by the Centre of Asia Pacific Aviation (CAPA). In its report titled ‘Indian Aviation: Overview and Outlook 2007’, CAPA has predicted that the Indian aviation industry will soar higher with steady domestic passenger growth of 25-30% and international traffic growth of 15% until 2010. Well, as Clint would confirm, the good news in the aviation sector is that it’s growing spectacularly, not only in passenger traffic, but also in fleet strength. The bad news is that the aviation sector is growing spectacularly, not only in passenger traffic, but also in fleet strength!
For Complete IIPM Article, Click on IIPM Article
For Complete IIPM Article, Click on IIPM Article
Source : IIPM Editorial, 2007
An IIPM and Professor Arindam Chaudhuri (Renowned Management Guru and Economist) Initiative
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