India’s domestic aviation market is growing by 40% while international traffic in and out of India surged 15% last year making it one of the fastest aviation markets in the world. India is the world’s fastest growing aviation market and the challenge is to cope up with the domestic demand.

The Indian aviation industry has shown continued growth in recent years with key drivers being positive economic factors (including high GDP growth), Industrial performance, corporate profitability and expansion, higher disposable incomes and growth in consumer spending as well as wider availability of choices and good air fares.

Four major trends are likely to be seen and may even increase in intensity:-

1. The industry will continue to consolidate with further takeovers and amalgamations

2. With low cost carriers showing above average growth, the pressure on the traditional airline network model will further increase.

3. Industry deregulation and market liberalization will also continue and will put growing pressure on remaining monopoly arrangements.

4.New technologies (such as web check-in and other e-services) will continue to grow not just as innovations but so as a means of adopting leaner processes to further lower costs.