The aviation sector in India has grown significantly since economic reforms began in 1991. Liberalization policies allowed private players to enter the industry, adopted an open skies policy, increased foreign investment, and privatized airport management. This has led to a rapid transformation with growth in both domestic air traffic and low cost carriers. However, high aviation fuel costs, airport congestion, and pilot shortages continue to challenge profitability. The government is taking measures like allowing foreign investment in airlines and developing secondary airports to support further growth in the industry.
IndiGo was set up in early 2006 by Rahul Bhatia and Rakesh S Gangwal.
IndiGo is an Indian Low-cost airline with only economy class seating.
It’s headquarter is at Gurgaon, India.
It is the largest airline in India in terms of passengers flown with market share of 36.5% as of September 2015.
This airline offers more than 647 daily flights connecting to 38 destinations.
It presently operates a fleet of 97 aircraft belonging to the Airbus A320 family.
In 2014, IndiGo carried 21.4 million passengers in the domestic sector alone.
India’s best on time performance and least flight cancellations.
It is also one of the fastest growing airlines in the world.
Privatization of Air India is all the government could do to save it. The ppt analyze the reasons for the fall of Maharaja and suggest solutions on the issue.
Vistara is an Indian domestic airline based in Gurgaon with its hub at Delhi-Indira Gandhi International Airport
Content
About
History
Corporate Affairs
Objective
Designation
Services
Business Class
Premium Economy
IN Flight Entertainment
Catering
Lounge
Vision and Mission
Some Images
A
Project Report
On
Aviation Industry
Submitted By
Name Roll Number
Miss. KiranBendre 05
Mr. KalidasBhandwalkar 06
Mr. SanketBharte 07
Miss. SangitaBhilare 08
Class: - MBA I, VIIT,Baramati
Under The Guidance Of
Dr. RupendraGaikwad
Subject:- Industry Analysis- Desk Research (215)
Index
Chapter No Contents Page No
1 Industry Analysis
Nature of the Industry,
Market share of the company 3
2 Promoters & Management Ethos
Background of promoters
CSR policies
3 External environment
Controlling ministry
4 Financials
Ratio analysis of financial data
5 Recent development
Margers & Acquisition
Indian Aviation Industry
Chapter 1 : Industry Analysis – the Basics
History of the Industry
The first commercial flight in India was made on February 18, 1911, when a French pilot MonsignorPiquet flew airmails from Allahabad to Nain, covering a distance of about 10 km in as many minutes.
Tata Services became Tata Airlines and then Air-India and spread its wings as Air-India International. The domestic aviation scene, however, was chaotic. When the American Tenth Air Force in India disposed of its planes at throwaway prices, 11 domestic airlines sprang up, scrambling for traffic that could sustain only two or three. In 1953, the government nationalized the airlines, merged them, and created Indian Airlines. For the next 25 years JRD Tata remained the chairman of Air-India and a director on the board of Indian Airlines. After JRD left, voracious unions mushroomed, spawned on the pork barrel jobs created by politicians. In 1999, A-I had 700 employees per plane; today it has 474 whereas other airlines have 350.
For many years in India air travel was perceived to be an elitist activity. This view arose from the “Maharajah” syndrome where, due to the prohibitive cost of air travel, the only people who could afford it were the rich and powerful.
In recent years, however, this image of Civil Aviation has undergone a change and aviation is now viewed in a different light - as an essential link not only for international travel and trade but also for providing connectivity to different parts of the country. Aviation is, by its very nature, a critical part of the infrastructure of the country and has important ramifications for the development of tourism and trade, the opening up of inaccessible areas of the country and for providing stimulus to business activity and economic growth.
Until less than a decade ago, all aspects of aviation were firmly controlled by the Government. In the early fifties, all airlines operating in the country were merged into either Indian Airlines or Air India and, by virtue of the Air Corporations Act, 1953; this monopoly was perpetuated for the next forty years. The Directorate General of Civil Aviation controlled every aspect of flying including granting flying licenses, pilots, certifying aircrafts for flight and issui
IndiGo was set up in early 2006 by Rahul Bhatia and Rakesh S Gangwal.
IndiGo is an Indian Low-cost airline with only economy class seating.
It’s headquarter is at Gurgaon, India.
It is the largest airline in India in terms of passengers flown with market share of 36.5% as of September 2015.
This airline offers more than 647 daily flights connecting to 38 destinations.
It presently operates a fleet of 97 aircraft belonging to the Airbus A320 family.
In 2014, IndiGo carried 21.4 million passengers in the domestic sector alone.
India’s best on time performance and least flight cancellations.
It is also one of the fastest growing airlines in the world.
Privatization of Air India is all the government could do to save it. The ppt analyze the reasons for the fall of Maharaja and suggest solutions on the issue.
Vistara is an Indian domestic airline based in Gurgaon with its hub at Delhi-Indira Gandhi International Airport
Content
About
History
Corporate Affairs
Objective
Designation
Services
Business Class
Premium Economy
IN Flight Entertainment
Catering
Lounge
Vision and Mission
Some Images
A
Project Report
On
Aviation Industry
Submitted By
Name Roll Number
Miss. KiranBendre 05
Mr. KalidasBhandwalkar 06
Mr. SanketBharte 07
Miss. SangitaBhilare 08
Class: - MBA I, VIIT,Baramati
Under The Guidance Of
Dr. RupendraGaikwad
Subject:- Industry Analysis- Desk Research (215)
Index
Chapter No Contents Page No
1 Industry Analysis
Nature of the Industry,
Market share of the company 3
2 Promoters & Management Ethos
Background of promoters
CSR policies
3 External environment
Controlling ministry
4 Financials
Ratio analysis of financial data
5 Recent development
Margers & Acquisition
Indian Aviation Industry
Chapter 1 : Industry Analysis – the Basics
History of the Industry
The first commercial flight in India was made on February 18, 1911, when a French pilot MonsignorPiquet flew airmails from Allahabad to Nain, covering a distance of about 10 km in as many minutes.
Tata Services became Tata Airlines and then Air-India and spread its wings as Air-India International. The domestic aviation scene, however, was chaotic. When the American Tenth Air Force in India disposed of its planes at throwaway prices, 11 domestic airlines sprang up, scrambling for traffic that could sustain only two or three. In 1953, the government nationalized the airlines, merged them, and created Indian Airlines. For the next 25 years JRD Tata remained the chairman of Air-India and a director on the board of Indian Airlines. After JRD left, voracious unions mushroomed, spawned on the pork barrel jobs created by politicians. In 1999, A-I had 700 employees per plane; today it has 474 whereas other airlines have 350.
For many years in India air travel was perceived to be an elitist activity. This view arose from the “Maharajah” syndrome where, due to the prohibitive cost of air travel, the only people who could afford it were the rich and powerful.
In recent years, however, this image of Civil Aviation has undergone a change and aviation is now viewed in a different light - as an essential link not only for international travel and trade but also for providing connectivity to different parts of the country. Aviation is, by its very nature, a critical part of the infrastructure of the country and has important ramifications for the development of tourism and trade, the opening up of inaccessible areas of the country and for providing stimulus to business activity and economic growth.
Until less than a decade ago, all aspects of aviation were firmly controlled by the Government. In the early fifties, all airlines operating in the country were merged into either Indian Airlines or Air India and, by virtue of the Air Corporations Act, 1953; this monopoly was perpetuated for the next forty years. The Directorate General of Civil Aviation controlled every aspect of flying including granting flying licenses, pilots, certifying aircrafts for flight and issui
This project was created by me for my ICITSS ITT final test. It provides an overview of the Indian civil aviation industry, with a case study of IndiGo and a timeline illustrating the progress of civil aviation industry in India. The figures concerning market share, passenger volume, and the number of airlines in the market are accurate as of December 2022. However, for the most up-to-date information, I recommend referring to the official DGCA website and IBEF, and updating the data accordingly.
Writekraft Research and Publications LLP was initially formed, informally, in 2006 by a group of scholars to help fellow students. Gradually, with several dissertations, thesis and assignments receiving acclaim and a good grade, Writekraft was officially founded in 2011 . Since its establishment, Writekraft Research & Publications LLP is Guiding and Mentoring PhD Scholars.
Our Mission
“To provide breakthrough research works to our clients through Perseverant efforts towards creativity and innovation”.
Vision
Writekraft endeavours to be the leading global research and publications company that will fulfil all research needs of our clients. We will achieve this vision through:
• Analyzing every customer’s aims, objectives and purpose of research
• Using advanced and latest tools and technique of research and analysis
• Coordinating and including their own ideas and knowledge
• Providing the desired inferences and results of the research
In the past decade, we have successfully assisted students from various universities in India and globally. We at Writekraft Research & Publications LLP head office in Kanpur, India are most trusted and professional Research, Writing, Guidance and Publication Service Provider for PhD. Our services meet all your PhD Admissions, Thesis Preparation and Research Paper Publication needs with highest regards for the quality you prefer.
Writekraft Research and Publications LLP was initially formed, informally, in 2006 by a group of scholars to help fellow students. Gradually, with several dissertations, thesis and assignments receiving acclaim and a good grade, Writekraft was officially founded in 2011 . Since its establishment, Writekraft Research & Publications LLP is Guiding and Mentoring PhD Scholars.
Our Mission
“To provide breakthrough research works to our clients through Perseverant efforts towards creativity and innovation”.
Vision
Writekraft endeavours to be the leading global research and publications company that will fulfil all research needs of our clients. We will achieve this vision through:
Analyzing every customer’s aims, objectives and purpose of research
Using advanced and latest tools and technique of research and analysis
Coordinating and including their own ideas and knowledge
Providing the desired inferences and results of the research
In the past decade, we have successfully assisted students from various universities in India and globally. We at Writekraft Research & Publications LLP head office in Kanpur, India are most trusted and professional Research, Writing, Guidance and Publication Service Provider for PhD. Our services meet all your PhD Admissions, Thesis Preparation and Research Paper Publication needs with highest regards for the quality you prefer.
Our Achievements
NATIONAL AWARD FOR BEST RESEARCH PROJECT (By Hon. President APJ Abdul Kalam)
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We have PhD experts from reputed institutions/ organizations like Indian Institute of Technology (IIT), Indian Institute of Management (IIM) and many more apex education institutions in India. Our works are tailored and drafted as per your requirements and are totally unique.
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Research Paper Writing
Writekraft Research and Publications LLP was initially formed, informally, in 2006 by a group of scholars to help fellow students. Gradually, with several dissertations, thesis and assignments receiving acclaim and a good grade, Writekraft was officially founded in 2011 . Since its establishment, Writekraft Research & Publications LLP is Guiding and Mentoring PhD Scholars.
Our Mission
“To provide breakthrough research works to our clients through Perseverant efforts towards creativity and innovation”.
Vision
Writekraft endeavours to be the leading global research and publications company that will fulfil all research needs of our clients. We will achieve this vision through:
Analyzing every customer’s aims, objectives and purpose of research
Using advanced and latest tools and technique of research and analysis
Coordinating and including their own ideas and knowledge
Providing the desired inferences and results of the research
In the past decade, we have successfully assisted students from various universities in India and globally. We at Writekraft Research & Publications LLP head office in Kanpur, India are most trusted and professional Research, Writing, Guidance and Publication Service Provider for PhD. Our services meet all your PhD Admissions, Thesis Preparation and Research Paper Publication needs with highest regards for the quality you prefer.
Writekraft Research and Publications LLP was initially formed, informally, in 2006 by a group of scholars to help fellow students. Gradually, with several dissertations, thesis and assignments receiving acclaim and a good grade, Writekraft was officially founded in 2011 . Since its establishment, Writekraft Research & Publications LLP is Guiding and Mentoring PhD Scholars.
Our Mission
“To provide breakthrough research works to our clients through Perseverant efforts towards creativity and innovation”.
Vision
Writekraft endeavours to be the leading global research and publications company that will fulfil all research needs of our clients. We will achieve this vision through:
Analyzing every customer’s aims, objectives and purpose of research
Using advanced and latest tools and technique of research and analysis
Coordinating and including their own ideas and knowledge
Providing the desired inferences and results of the research
In the past decade, we have successfully assisted students from various universities in India and globally. We at Writekraft Research & Publications LLP head office in Kanpur, India are most trusted and professional Research, Writing, Guidance and Publication Service Provider for PhD. Our services meet all your PhD Admissions, Thesis Preparation and Research Paper Publication needs with highest regards for the quality you prefer.
Writekraft Research and Publications LLP was initially formed, informally, in 2006 by a group of scholars to help fellow students. Gradually, with several dissertations, thesis and assignments receiving acclaim and a good grade, Writekraft was officially founded in 2011 . Since its establishment, Writekraft Research & Publications LLP is Guiding and Mentoring PhD Scholars.
Our Mission
“To provide breakthrough research works to our clients through Perseverant efforts towards creativity and innovation”.
Vision
Writekraft endeavours to be the leading global research and publications company that will fulfil all research needs of our clients. We will achieve this vision through:
Analyzing every customer’s aims, objectives and purpose of research
Using advanced and latest tools and technique of research and analysis
Coordinating and including their own ideas and knowledge
Providing the desired inferences and results of the research
In the past decade, we have successfully assisted students from various universities in India and globally. We at Writekraft Research & Publications LLP head office in Kanpur, India are most trusted and professional Research, Writing, Guidance and Publication Service Provider for PhD. Our services meet all your PhD Admissions, Thesis Preparation and Research Paper Publication needs with highest regards for the quality you prefer.
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RMD24 | Debunking the non-endemic revenue myth Marvin Vacquier Droop | First ...BBPMedia1
Marvin neemt je in deze presentatie mee in de voordelen van non-endemic advertising op retail media netwerken. Hij brengt ook de uitdagingen in beeld die de markt op dit moment heeft op het gebied van retail media voor niet-leveranciers.
Retail media wordt gezien als het nieuwe advertising-medium en ook mediabureaus richten massaal retail media-afdelingen op. Merken die niet in de betreffende winkel liggen staan ook nog niet in de rij om op de retail media netwerken te adverteren. Marvin belicht de uitdagingen die er zijn om echt aansluiting te vinden op die markt van non-endemic advertising.
Memorandum Of Association Constitution of Company.pptseri bangash
www.seribangash.com
A Memorandum of Association (MOA) is a legal document that outlines the fundamental principles and objectives upon which a company operates. It serves as the company's charter or constitution and defines the scope of its activities. Here's a detailed note on the MOA:
Contents of Memorandum of Association:
Name Clause: This clause states the name of the company, which should end with words like "Limited" or "Ltd." for a public limited company and "Private Limited" or "Pvt. Ltd." for a private limited company.
https://seribangash.com/article-of-association-is-legal-doc-of-company/
Registered Office Clause: It specifies the location where the company's registered office is situated. This office is where all official communications and notices are sent.
Objective Clause: This clause delineates the main objectives for which the company is formed. It's important to define these objectives clearly, as the company cannot undertake activities beyond those mentioned in this clause.
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Liability Clause: It outlines the extent of liability of the company's members. In the case of companies limited by shares, the liability of members is limited to the amount unpaid on their shares. For companies limited by guarantee, members' liability is limited to the amount they undertake to contribute if the company is wound up.
https://seribangash.com/promotors-is-person-conceived-formation-company/
Capital Clause: This clause specifies the authorized capital of the company, i.e., the maximum amount of share capital the company is authorized to issue. It also mentions the division of this capital into shares and their respective nominal value.
Association Clause: It simply states that the subscribers wish to form a company and agree to become members of it, in accordance with the terms of the MOA.
Importance of Memorandum of Association:
Legal Requirement: The MOA is a legal requirement for the formation of a company. It must be filed with the Registrar of Companies during the incorporation process.
Constitutional Document: It serves as the company's constitutional document, defining its scope, powers, and limitations.
Protection of Members: It protects the interests of the company's members by clearly defining the objectives and limiting their liability.
External Communication: It provides clarity to external parties, such as investors, creditors, and regulatory authorities, regarding the company's objectives and powers.
https://seribangash.com/difference-public-and-private-company-law/
Binding Authority: The company and its members are bound by the provisions of the MOA. Any action taken beyond its scope may be considered ultra vires (beyond the powers) of the company and therefore void.
Amendment of MOA:
While the MOA lays down the company's fundamental principles, it is not entirely immutable. It can be amended, but only under specific circumstances and in compliance with legal procedures. Amendments typically require shareholder
Digital Transformation and IT Strategy Toolkit and TemplatesAurelien Domont, MBA
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Editable Toolkit to help you reuse our content: 700 Powerpoint slides | 35 Excel sheets | 84 minutes of Video training
This PowerPoint presentation is only a small preview of our Toolkits. For more details, visit www.domontconsulting.com
Kseniya Leshchenko: Shared development support service model as the way to ma...Lviv Startup Club
Kseniya Leshchenko: Shared development support service model as the way to make small projects with small budgets profitable for the company (UA)
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Unveiling the Secrets How Does Generative AI Work.pdfSam H
At its core, generative artificial intelligence relies on the concept of generative models, which serve as engines that churn out entirely new data resembling their training data. It is like a sculptor who has studied so many forms found in nature and then uses this knowledge to create sculptures from his imagination that have never been seen before anywhere else. If taken to cyberspace, gans work almost the same way.
LA HUG - Video Testimonials with Chynna Morgan - June 2024Lital Barkan
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Putting the SPARK into Virtual Training.pptxCynthia Clay
This 60-minute webinar, sponsored by Adobe, was delivered for the Training Mag Network. It explored the five elements of SPARK: Storytelling, Purpose, Action, Relationships, and Kudos. Knowing how to tell a well-structured story is key to building long-term memory. Stating a clear purpose that doesn't take away from the discovery learning process is critical. Ensuring that people move from theory to practical application is imperative. Creating strong social learning is the key to commitment and engagement. Validating and affirming participants' comments is the way to create a positive learning environment.
Attending a job Interview for B1 and B2 Englsih learnersErika906060
It is a sample of an interview for a business english class for pre-intermediate and intermediate english students with emphasis on the speking ability.
Personal Brand Statement:
As an Army veteran dedicated to lifelong learning, I bring a disciplined, strategic mindset to my pursuits. I am constantly expanding my knowledge to innovate and lead effectively. My journey is driven by a commitment to excellence, and to make a meaningful impact in the world.
Enterprise Excellence is Inclusive Excellence.pdfKaiNexus
Enterprise excellence and inclusive excellence are closely linked, and real-world challenges have shown that both are essential to the success of any organization. To achieve enterprise excellence, organizations must focus on improving their operations and processes while creating an inclusive environment that engages everyone. In this interactive session, the facilitator will highlight commonly established business practices and how they limit our ability to engage everyone every day. More importantly, though, participants will likely gain increased awareness of what we can do differently to maximize enterprise excellence through deliberate inclusion.
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Enterprise Excellence is a holistic approach that's aimed at achieving world-class performance across all aspects of the organization.
What might I learn?
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Who might benefit? Anyone and everyone leading folks from the shop floor to top floor.
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[Note: This is a partial preview. To download this presentation, visit:
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Sustainability has become an increasingly critical topic as the world recognizes the need to protect our planet and its resources for future generations. Sustainability means meeting our current needs without compromising the ability of future generations to meet theirs. It involves long-term planning and consideration of the consequences of our actions. The goal is to create strategies that ensure the long-term viability of People, Planet, and Profit.
Leading companies such as Nike, Toyota, and Siemens are prioritizing sustainable innovation in their business models, setting an example for others to follow. In this Sustainability training presentation, you will learn key concepts, principles, and practices of sustainability applicable across industries. This training aims to create awareness and educate employees, senior executives, consultants, and other key stakeholders, including investors, policymakers, and supply chain partners, on the importance and implementation of sustainability.
LEARNING OBJECTIVES
1. Develop a comprehensive understanding of the fundamental principles and concepts that form the foundation of sustainability within corporate environments.
2. Explore the sustainability implementation model, focusing on effective measures and reporting strategies to track and communicate sustainability efforts.
3. Identify and define best practices and critical success factors essential for achieving sustainability goals within organizations.
CONTENTS
1. Introduction and Key Concepts of Sustainability
2. Principles and Practices of Sustainability
3. Measures and Reporting in Sustainability
4. Sustainability Implementation & Best Practices
To download the complete presentation, visit: https://www.oeconsulting.com.sg/training-presentations
RMD24 | Retail media: hoe zet je dit in als je geen AH of Unilever bent? Heid...BBPMedia1
Grote partijen zijn al een tijdje onderweg met retail media. Ondertussen worden in dit domein ook de kansen zichtbaar voor andere spelers in de markt. Maar met die kansen ontstaan ook vragen: Zelf retail media worden of erop adverteren? In welke fase van de funnel past het en hoe integreer je het in een mediaplan? Wat is nu precies het verschil met marketplaces en Programmatic ads? In dit half uur beslechten we de dilemma's en krijg je antwoorden op wanneer het voor jou tijd is om de volgende stap te zetten.
2. SUMMARY OF PRESENTATION
• Introduction
• India’s economy before 1991
• Aviation Industry before 1991
• Liberalisation policies/Government initiatives
• Impact of Liberalisation Policy
• Growth Story
• SWOT Analysis
• Reasons for current losses by Indian LCC and Govt measures
• Conclusion
3. INDUSTRY OVERVIEW
• India is World’s 9th largest market
• Comprises of Domestic Airline, Air Cargo and Airports
• Scheduled services available from to/fro 82 airports
• Bilateral with 104 countries
• Domestic air passenger - Worlds 4th
• Enhanced connectivity – 72 foreign airlines of 49 countries
• 14 scheduled airlines operating exclusively in passenger
sector
• Presently it contributes 0.5 % of GDP and it is expected that
by 2030 it will contribute 5 % of GDP
4. HISTORY
• Completed 100 years in the year 2011
• February 18, 1911 - First commercial plane between
Allahabad & Naini carrying mails
• During Independence - 09 Companies
Tata Airlines, Indian National Airways
Air service of India, Deccan Airways
Ambica Airways, Bharat Airways
Mistry Airways.
• Inaugural flight of Air India International Ltd - June 8, 1948
Mumbai-London
• Nationalized in 1953 - Private airlines not allowed
Transport for elite class
Restricted Growth
High Cost structure
Underdevelopment of infrastructure
5. INDIA’S ECONOMY BEFORE 1991
• Influenced by Protectionism and Public ownership.
• Existence of License Raj (Red Tape).
• Average growth rate of India was 3.5% p.a with per capita
1.3%p.a.
• More focused on Heavy Industries and Agriculture.
• Less attention towards service sector.
• Downfall of USSR and Gulf War added fuel to the fire of crisis.
6. INDIA’S ECONOMY BEFORE 1991
• Major imbalance in payments of loans.
• International Monetary Fund (IMF) demanded for economic
reforms in return of aid.
• Prime Minister Narasimha Rao and Finance Minister Manmohan
Singh took initiative to bring Liberalization.
7. ECONOMIC REFORMS POST 1991
Policies
• Liberalisation - Private Players
• Open Sky
• Direct import of ATF - Regulation
• FDI – Domestic Services Sector
• Airports control - Airports Authority of India (AAI)
• Green Field Airport
8. Major Timelines
1912: Indian 1953: Indian
State Air Airlines
service and Corporation
Imperial formed 2003
Airways, UK 1932: through Air Entry of
collaborate Tata Corporation low cost
to ply on first Aviations Act, 1953, by carriers.
domestic establish nationalizing Air
route, ed. It Air India and Deccan,
between goes to Indian Spice Jet,
Delhi and Colombo National Go Air,
Karachi. in 1938. Airways. Indigo.
1915: 1948: 1994: Air
Tata Sons Designated Corporatio
start as flag n Act. 1953
airmail carrier repealed
service under the and thus
between name Air allowed
Delhi and India private
Madras. Internationa players to
l with 49% come.
govt.
control.
9. IMPACT OF LIBERALISATION
• The Air Corporation Act, 1953 repealed
Opening up of the domestic sector
Disinvestment of the two public sector airlines
New privately owned domestic airlines
• Open Sky
Allow foreign airline of any country or ownership to land at
any port on any number of occasions and with unlimited seat
capacity.
• Foreign Direct Investment
Up To 49% Of Foreign Equity & 100% Of NRI investment is
allowed Pertaining to the Domestic Air Transport Services
10. IMPACT OF LIBERALISATION
• Private Carriers permitted to operate scheduled services – 75%
share in domestic aviation
• Entry of low cost carriers
• City side development of non-metro airports
• Allowing Indian carriers to compete on international routes
• Reduction in Landing charges.
• Fleet expansion plans of Air India
11. IMPACT OF LIBERALISATION
• Restructuring of Delhi and Mumbai airport and development
of Greenfield airports at Bangalore and Hyderabad
undertaken.
• Up gradation/ expansion/ development of airports
undertaken depending upon traffic potential, requirement of
airline operators and need of air passengers.
12. IMPACT OF LIBERALISATION
• With the liberalization of the Indian aviation sector, aviation
industry in India has undergone a rapid transformation. From
being primarily a government-owned industry, the Indian
aviation industry is now dominated by privately owned full
service airlines and low cost carriers.
15. MAJOR GOVERNMENT INITIATIVES
• Reduction of high Aviation Turbine Fuel(ATF) cost and review
of its Tax structure
• Multi Modal Connectivity by building expressways to
facilitate advantage of air transportation by reducing the
total travel time
• Promotion of Regional Airlines by the way of liberal policy
and provision of better infrastructure facilities
• Development of MRO hub
16. MAJOR GOVERNMENT INITIATIVES
• Merger of AI and Indian Airlines to optimize fleet acquisition
and to leverage the asset base
• 100% FDI is permissible for existing airports; approval
required for FDI beyond 74%
• 100% FDI under automatic route is permissible for
Greenfield airports
• 100% tax exemption for airport projects for a period of
10 years
17. GROWTH OF THE INDUSTRY
• The growth of airlines traffic in Aviation Industry in India is almost
four times above international average.
• Domestic airlines passengers traffic in increasing at the rate of 25%.
• India ranks fourth after US, China and Japan in terms of domestic
passengers volume.
The number of domestic flights grew by 69 per cent from 2005 to
2008.
The domestic aviation sector is expected to grow at a rate of 9-10
per cent to reach a level of 150-180 million passengers by 2020.
• The industry witnessed an annual growth of 12.8 per cent during
the last 5 years in the international cargo handled at all Indian
airports.
18. GROWTH OF THE INDUSTRY
• Further, there has been an increase in tourist charter flights to India
with around 686 flights bringing 150,000 tourists.
• It is predicted that international passengers will grow upto 50
million by 2015
• Aviation is now affordable with check fares and discount schemes.
• Various Operators with different business model.
• Regional connectivity – Tier II & Tier III cities
20. OPPORTUNITIES
Airport development and modernisation
• The government is promoting private participation for the
development of greenfield airports and modernisation of existing
airports.
Airport connectivity
• The Ministry of Civil Aviation is focussing on improving connectivity
to major airports.
City-side development
• The government is focussing on the city-side development of airports,
including real estate and commercial development. The city-side
development of 24 non-major airports is being taken up.
22. CHALLENGES
• Initializing privatization in the airport activities
• Modernization of the airlines fleet to handle the pressure of
competition in the aviation industry
• Rapid expansion plans for the major airports for the increased
flow of air traffic
• Development for the continuously growing Regional Airports
• Costs pressures (ATF Prices & Staff Cost)
23. Problems that effected airline
industry- The low cost carrier ( LCC)
• The Indian aviation sector was exposed to intense competition
with the advent of a low-cost airline - Air Deccan back in 2003.
The success of Air Deccan spurred the entry of other LCCs like
SpiceJet, Indigo, Go Air and subsequently low fare offerings from
Jet airways and Kingfisher Airlines. However, longer term
viability of LCCs models in India remains to be seen (Kingfisher
exited the segment recently) as airport charges are same for
FSCs and LCCs in India
• ATF costs contributes 30-45% of overall operating costs for Full
Service Carrier’s (FSC’s) & 40-55% for Low cost carriers (LCCs)
• Domestic ATF prices are linked to fluctuation in crude oil prices
and movement in INR vs. $
• High central and state levies translates into a 60-70% higher ATF
prices in India over the global average
24. Problems that effected airline
industry- The low cost carrier ( LCC)
• Significant congestion at major domestic airports increases fuel
costs considerably.( (half an hour hovering at major airport could
increase fuel costs by Rs.60,000 to Rs. 115,000 depending on
aircraft, besides impacting aircraft utilizations)
• High airport charges, dearth of experienced commercial pilots and
their demand of salaries in dollars, inflexible labor laws and overall
higher cost of capital.
• While the passenger traffic growth has been steady (averaging 14%
in 2010-12), intense competition has impacted yields and forced
airlines back into losses in an inflated cost base scenario.
25. Current Govt. measures
• Proposal to allow foreign carriers to make strategic investments
(up to 49% stake) in Indian Carriers.(Latest News)
• Improvement in infrastructure such that LCCs could operate on
secondary airports.
• Proposal to allow airlines to directly import ATF lifting the freeze
on international expansions of private airlines.
• While the domestic airlines have not been able to attract foreign
investors (up to 49% FDI is allowed, though foreign airlines are
currently not allowed any stake), foreign airlines may be
interested in taking strategic stakes due to their deeper business
understanding, longer investment horizons and overall longer
term commitment towards the global aviation industry.
26. CONCLUSION
• The success of the “open sky” policy in the first phase of
economic reforms in the domestic aviation sector, international
cargo, airport infrastructure .
• The opening of the Airports sector with new ‘Green field
Airports ’to the private sector, has been a step forward.
• The Disinvestment of shareholding in the public sector
airlines still remains to be completed.
• Reforms like allowing foreign airlines to buy stake in domestic
carriers and rationalisation of central and state levies on jet fuel
implemented for a sound sustained growth.
The airports handled a total of 1020.9 thousand metric tones of international cargo in 2006-07.
10 years back there were just 2 airlines. Both state owned . In the last 10years the economy has opened up. India has experienced growth rate of 8% per year.
commenwelth games, world cup, ipl etc.
It is also working towards making existing non-operational airports in the country operational. It has selected 12 airports. These include the Mumbai, Chennai, Bengaluru, Kolkata, Hyderabad, Ahmedabad, Cochin, Coimbatore and the proposed Navi Mumbai and Noida airports.
The Reserve Bank of India (RBI) announced that foreign institutional investors might have shareholdings more than the limited 49% in the domestic sector.
