Richardson (2010) Indian aviation industry witness slow and steady growth but with a huge market growth which is waiting to open up. India is unique in terms of its aviation industry development. He also says India is not dependant on international flights for its growth but can eventually rely on internal market that is driven by more than 7% of the economic growth. Impacts like high fuel cost, decrease in passengers, and cut throat prices of many of the world airlines have a limited effect on India and with different business models India has very huge plans to invest in the aviation industry.
Airport expansion and technology are two that
Richardson, B. (2010) taking off: How India’s aviation Industry is soaring BBC News [online] Available from <http://news.bbc.co.uk/1/hi/8474291.stm> [27 February 2012]
aviation - Market Players
* GVK Power & Infrastructure Ltd (GVK PIL) has acquired 108 million equity shares constituting 13.5 per cent in Mumbai International Airport Ltd (MIAL) from its Mauritius partner Bid Services Division for Rs 1,130 crore (US$ 215.28 million) * US-based electrical components company Eaton Corporation foresees plenty of opportunities for itself in India's unfolding civil and military aerospace story. "India is expected to emerge as one of the largest aviation markets in the world," as per Joe-Tao Zhou, APAC President, Aerospace Group, Eaton Corporation * GMR Infrastructure-led Delhi International Airport Ltd (DIAL) is set to approach the Government to expand the permitted land use for 250 acres. The company wants to lease out the land for non-airport related activities * SpiceJet has acquired a new fleet of Q400 aircraft from Bombardier and it will use these aircrafts in its new regional service. Under the deal, SpiceJet also has the option of ordering 15 more Q400 NextGen aircraft Aerospace on a High
* Airline operator Emirates plans to add new destinations in the US and Russia from...
Please join StudyMode to read the full document