China Southern Airlines, Shandong Airlines and Jeju Air are the latest carriers to register for the only route development event dedicated to the Asia-Pacific region.
In the international market IndiGo is currently ranked as India’s sixth largest carrier behind local operators Jet Airways, Air India, low-cost carrier Air India Express and Gulf giants Emirates Airline and Etihad Airways. It will this year hold a 4.1 per cent share of international capacity from India, based on published schedules, up from 3.2 per cent in 2016.
Huge aircraft orders, the removal of dated regulations and a growing middle class who are eager to travel are all helping to bring India to the forefront of the aviation market. Passenger numbers are growing at a faster rate than the rest of the world, as India is on course to become the largest market by 2030.
The International Air Transport Association (IATA) has called for a comprehensive policy for aviation aligned with India’s government’s stated intention to make it easier to do business in India.
