India's Aviation Sector

India's air passenger traffic stood at 341.05 million in FY20, a CAGR of 11.13% from FY16 - 20. Domestic passenger stood at 274.50 million. The freight traffic grew at a CAGR at 5.32% during FY16-20 from 2.70 MT (million tonnes) to 3.33 MT.

The top Indian airports based on Air passenger Traffic in FY20 are -

1. Indira Gandhi International Airport, New Delhi (DEL) - 67.30 million

2. Chhatrapati Shivaji Maharaj International Airport, Mumbai (BOM) - 45.87 million

3. Kempegowda International Airport, Bengaluru (BLR) - 32.36 million

4. Chennai International Airport, Chennai (MAA) - 22.27 million

5. Netaji Subhas Chandra Bose International Airport, Kolkata (CCU) - 22.01 million

6. Rajiv Gandhi International Airport, Hyderabad (HYD) - 21.65 million

Among top 50 busiest airports, USA has 15, China has 9 and India has just 2 (New Delhi and Mumbai). USA's Hartsfield–Jackson Atlanta International Airport is World's busiest with 110.53 million passengers in FY20.

The India airports featured in "Skytrax World's Top 100 Airports 2020" are -

#50 New Delhi (DEL)

#52 Mumbai (BOM)

#68 Bengaluru (BLR)

#71 Hyderabad (HYD)

Singapore's Changi holds the number one position.

According to International Civil Aviation Organization (ICAO) data, 4.232 billion passengers travelled in 2018. The no. of air-passengers based ICAO data worldwide by registered country in 2018 - 

1. USA - 889 million (21.01%)

2. China - 611.44 million (14.5%)

3. Ireland - 167.6 million

4. UK - 165.39 million

5. India - 164.04 million (3.9%)

6. Japan - 126.39 million

7. Turkey - 115.6 million

8. Indonesia - 115.15 million

9. Germany - 109.8 million

10. Brazil - 102.11 million

54. Pakistan - 6.88 million

67. Bangladesh - 5.98 million

The growth of India's air passenger is as follows -

1970 - 2.67 million

1990 - 10.86  million

2000 - 17.29 million

2005 - 27.88 million

2010 - 64.34 million

2015 - 98.92 million

To give India's aviation sector an extra push GoI launched UDAN scheme in 27 April 2017 with the objective of "letting the common citizen of the country fly", aimed at making air travel affordable and widespread, to boost inclusive national economic development, job growth and air transport infrastructure development of all regions and states of India.

Due to low ticket cost, Indian airlines such a IndiGo, Vistara has fuel cost 34% compared to Global average of 24%. In Jan 2020, IndiGo became first Indian carrier to have fleet size of 250 planes, first airline to operate 150 flights per day.

With current fleet capacity, India has MRO (Maintenance, Repair and Overhaul) market value of $900 million, which will reach $1.75 billion if the ordered 100 aircrafts are added.



Comments

Post a Comment

Popular posts from this blog

Asian Dream - China, Japan and India

Image
Many experts, politicians, scholars believe 21st century is going to be “Asian Century”. To make this a reality 3 countries should come and work together – Soaring Dragon, Rising Elephant and Assertive Godzilla i.e. China, India and Japan. Below are the reasons I would like to mention – 1. Nominal GDP wise top 3 Asian countries are China, Japan and India. In terms of PPP, the order is China, India and Japan. For a rising Asia, these 3 countries should join hands. 2. In terms of Forex Reserve, the Top 3 Asian economies are China (>$3 Trillion), Japan (> $1 Trillion) and India (> $500 Billion). Surprisingly these 3 nations are also top 5 in the World. 3. China, Japan and India also has 6 (JPX, SSE, SEHK, SZSE, BSE, NSE) out of World’s Top 12 biggest Stock exchanges in terms of Market capitalization. Imagine the enormous potential if we create something like Euronext in Asia. 4. China, Japan, South Korea, India and Taiwan are always featured in top 10 nation Fortune Global 2000 c
Read more

India's Supercomputer Journey

Image
 India's Supercomputer journey is no less than an astounding achievement. In 1987, USA declined when India asked to purchase Supercomputers, developed by CRAY thinking India may develop nuclear weapon from it. The CRAY supercomputer, designated No. 1205 by Cray, was built for the Indian Institute of Science in Bangalore but it was never delivered. At a conference at CSIR (Council of Scientific and Industrial Research), in 1987, Rajiv Gandhi was discussing this problem with many renowned Indian scientists. They expressed their discontent on the PM asking other countries to setup India’s supercomputer. DoE established the Centre for Development of Advanced Computing (C-DAC) with initial investment of Rs 300 million produced PARAM 8000 supercomputer in 1991. Dr. Vijay P. Bhatkar is known as Father of PARAM Series Supercomputer. Indian scientists developed their supercomputer by linking together as many as 256 small, readily available computers in a technique known as massive parallel
Read more

India's preparation for upcoming Tokyo Olympics

Image
 As we are going towards Tokyo Olympic next year, let's see how we performed in Asian and World Championships in 2019. Archery Asian (Bangkok, Thailand) 1 Gold, 2 Silver, 4 Bronze World ('s-Hertogenbosch, Netherlands) 0 Gold, 1 Silver, 2 Bronze Athletics Asian (Doha, Qatar) 3 Gold, 7 Silver, 7 Bronze World (Doha, Qatar) 0 Gold, 0 Silver, 0 Bronze (Created 3 new National Records) Badminton Asian (Wuhan, China) 0 Gold, 0 Silver, 0 Bronze World (Basel, Switzerland) 1 Gold, 0 Silver, 1 Bronze Boxing Asian (Bangkok, Thailand) 2 Gold, 4 Silver, 7 Bronze World (Men : Yekaterinburg, Women : Ulan-Ude, Russia) 0 Gold, 2 Silver, 4 Bronze Cycling   (As this is new sport, considering Junior Asian and World Championship performance of Track Cycling. There are also BMX, Mountain and Road Cycling) Asian (Jakarta, Indonesia) 4 Gold, 4 Silver, 2 Bronze World (Frankfurt, Germany) 1 Gold, 1 Silver, 1 Bronze Fencing Asian (Chiba, Japan) 0 Gold, 0 Silver, 0 Bronze
Read more