Macroeconomic factors affecting the civil aviation industry

1. CIVIL AVIATION
INDUSTRY
BY GROUP 1
EKANSH GUPTA(20DM076)
GARV JAIN(20DM078)
ISHITA KUMAR(20DM086)
MANUEL
MATHEWS(20DM116)
NEHAL JAIN(20DM136)
NIDHI GUPTA(20DM138)

2. INTRODUCTI
ON
•The fastest-growing aviation market in the world according to the International Air Transport Association (IATA).
•The first commercial aviation flight in India took place on 18 February 1911.
•The Aviation sector in India currently contributes $72 bn to GDP.
•Civil aviation in India, the world's third-largest civil aviation market as of 2020
Connects more than 80 cities across India
There are 346 civilian airfields in India

3. FACTORS AFFECTING THE AVIATION
INDUSTRY
Fuel Prices
GDP
Business Cycle
Inflation

4. COVID-19
Unemployment
Exchange rates
Per Capita Incom

5. CHALLENGES: GENERAL
• FLUCTUATING OIL PRICES
• HIGH OPERATING COSTS
• HIGHER INVESTMENT RISKS
• LABOUR INTENSIVE INDUSTRY

6. CHALLENGES DUE TO COVID 19
• CHANGE IN YEARS OF TRADITIONAL APPROACH
• THE COST OF HEALTH RELATED MEASURES
• REDUCED COMMERCIAL ACTIVITIES
• DECLINE IN TOURISM

7. HUGE
DECLINE

8. THE ROAD AHEAD:
RECOMMENDATIONS
• ENSURING HYGIENIC TRAVEL AND MANAGING SENTIMENTS OF
TRAVELLERS
• CUSTOMER COMPLAINTS TO BE ADDRESSED EFFICIENTLY
• CORPORATION RATHER THAN COMPETITION
• AIRLINES ACROSS THE GLOBE HAVE STARTED ENGAGING
PASSENGER AIRCRAFTS ENTIRELY FOR CARGO
• LOAN REPAYMENT SUPPORT TO AIRLINE OPERATORS

9. • PROMOTION OF TOURISM IN KEY STATES
• HUMAN CAPABILITIES CAN BE AUGMENTED BY AI
THEREBY CUTTING DOWN THE TIME WITHOUT
COMPROMISING SECURITY.

10. THANK YOU FOR FLYING WITH
US!