Indian airline outlook 2010
After the dramatic changes of the last five years, the Indian aviation industry is starting to see the emergence of a more favourable environment. India's GDP growth slowed from over 9% in 2007/08 to 6.1% in 2008/09. However, given the contraction globally, this was a relatively a good result. The economy appears to be recovering earlier than expected, with GDP growth of 7.9% in the last quarter, ahead of expectations. The World Bank projects annual growth of 8.0% per annum from 2011 to 2014. Domestic traffic is also showing a return to growth. After 12 consecutive months of year-on-year declines in domestic traffic, July 2009 saw a return to positive territory, which has continued since then.
Become a CAPA Member to access Analysis Reports
Our Analysis Reports are only available to CAPA Members. CAPA Membership provides exclusive access to in-depth insights on the latest developments in the aviation and travel industry, developed by our team of dedicated analysts located in Europe, North America, Asia and Australia.
Each report offers a fresh perspective on the latest industry trends and is available online or via the CAPA mobile app, with customisable alerts to help you stay informed and identify new business opportunities.
CAPA Membership also provides access to our full suite of tools, including a tailored selection of more than 1,000 News Briefs every week and comprehensive data and analysis on thousands of companies around the world.