Indian Aviation Outlook 2009: Foreign airlines about to get investment green light
India’s aviation industry faces another brutal year. Jet Airways Executive Director, Saroj Datta, said recently, “the industry is going to make huge losses - it could easily be in excess of two billion dollars for the entire Indian airline industry”. In this Perspective, the Centre for Asia Pacific Aviation’s (CAPA) CEO Indian Subcontinent & Middle East, Kapil Kaul, reviews the outlook for foreign airline investment restrictions in India, international services restrictions for Indian airlines, new airline entry, airport regulatory functions including airport user charges, expansion & financing, as well as the all-important demand outlook.
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