Airlines in India
Airlines in India: A Sector with Infinite Potential
Airlines in India | Image Resource : traveltripsonline.com
The airlines in India dates back to the First World War when the British first introduced the concept of cargo and mail travel through flights. The civil aviation industry flourished in the coming years and the first domestic Indian airline was started by visionary J.R.D. Tata in 1932. With the advent of safe and quick aircrafts into the Indian civil aviation sector airline companies flourished very quickly.
Growth in Airline Industry
After the late 80’s, there has been an exponential growth in the number of airline users in India. With prices becoming more and more affordable air traffic is growing in India. The average Indian is now looking towards air travel as a viable option. In the earlier days air travel was popular only among the aristocrats and the bureaucrats but today with the increasing earning capacity of Indian businessmen and service class citizens air travel is becoming much more popular.
The airlines Industry in India although have grown substantially in the last few years, yet the number remains lower than in other countries with air traffic comparable to that in India. Given the large size of the country it is essential that a large number of airline service providers venture into the Indian civil aviation industry.
Major Players
More than 95% of the market share is with a handful of airlines in India which include the flag carrier Air India and the private enterprise Jet Airways. Other important airline industry giants are IndiGo airlines, Spice Jet and Go Air. Apart from these many foreign airlines like Etihad and Malaysian Airlines are slowly venturing in Indian markets, which is a good sign for the civil aviation Industry.
Growth in Airline Industry
After the late 80’s, there has been an exponential growth in the number of airline users in India. With prices becoming more and more affordable air traffic is growing in India. The average Indian is now looking towards air travel as a viable option. In the earlier days air travel was popular only among the aristocrats and the bureaucrats but today with the increasing earning capacity of Indian businessmen and service class citizens air travel is becoming much more popular.
The airlines Industry in India although have grown substantially in the last few years, yet the number remains lower than in other countries with air traffic comparable to that in India. Given the large size of the country it is essential that a large number of airline service providers venture into the Indian civil aviation industry.
Major Players
More than 95% of the market share is with a handful of airlines in India which include the flag carrier Air India and the private enterprise Jet Airways. Other important airline industry giants are IndiGo airlines, Spice Jet and Go Air. Apart from these many foreign airlines like Etihad and Malaysian Airlines are slowly venturing in Indian markets, which is a good sign for the civil aviation Industry.