largest aviation market in the world is India. Taking the help of the statistics from the Ministry of Civil Aviation‚ approximately 29.8 million passengers traveled to/from India in 2008‚ showing a surge of 30% from 2007. The prediction stated that international passengers will touch 50 million by 2015. More opportunities in the aviation industry in India are likely to make way for about 69 foreign airlines from 49 countries. Growth of aviation industry in India The Indian Civil Aviation market grew
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an intensely competitive market. In recent years‚ there has been an industry shakedown‚ which is expected to the trend towards expanding domestic and international services. The airline industry is classified into four categories: International‚ National‚ Regional and Cargo. Airlines industry facilitates economic growth‚ world trade‚ international investment and tourism and so plays a key role in globalization making it a large and growing industry. Air travel (both business and leisure) has grown
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Tata Airlines in 1912. Although Tata Airlines was started as an air mail service but later it endeavored in carrying scheduled passenger traffic. Tata Airlines was renamed as Air India in 1946. In early 1948‚ a joint sector company‚ Air India International Ltd.‚ was established by the Government of India and Air India (earlier Tata Airline). There were eight companies were in service within and outside the country at the time of independence‚ namely Tata Airlines‚ Indian National Airways‚ Air service
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one has to negotiate. The First Freedom is the right to fly over a foreign country without landing. The Second Freedom allows technical stops without the embarking or disembarking of passengers or cargo. The Third and Fourth Freedoms allow basic international service between two countries. The Fifth Freedom allows an airline to carry revenue traffic between foreign countries as a part of services connecting the airline’s own country. The Sixth Freedom combines the Third Freedom and Fourth Freedoms
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that as a result of the accident Sunil Baran was killed. In the particulars of the accident given in the plaint it is said that the accident took place on the 12th December‚ 1953 at 3-25 a.m. about two miles from the end of the runway of Sonegaon Airport at Nagpur when the said plane attempted to land owing to engine trouble immediately after it had taken off from the said aerodrome. On that ground it is pleaded that the defendant is liable for damages for breach of contract in not safely carrying
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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 Reference: Richardson
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1912. At the time of independence‚ the number of air transport companies‚ which were operating within and beyond the frontiers of the company‚ carrying both air cargo and passengers‚ was nine. In early 1948‚ a joint sector company‚ Air India International Ltd.‚ was established by the Government of India and Air India (earlier Tata Airline) with a capital of Rs 2 crore and a fleet of three Lockheed constellation aircraft. Its first flight took off on June 8‚ 1948 on the Mumbai (Bombay)-London air
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Airways: Origins Recipient of several business and leadership awards‚ Company founder Naresh Goyal completed his graduation in Commerce in 1967 and joined the travel business at the age of 18 as a general sales agent (GSA) for the Lebanese International Airlines. From 1967 to 1974 he learnt the intricacies of the travel business through his association with several foreign airlines. 1 Payal Mehra‚ Assistant Professor‚ Indian Institute of Management‚ Lucknow. Email: payal@iiml.ac.in The
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IR issues in Indian Airline industry: 1. Indian Airline industry-introduction‚ definition and overview about this industry. 2. Trade unions in Airline Industry- Explaining everything about unionism. How trade unions are formed? Rules/laws related to trade unions in Indian airline industry. 3. Collective Bargaining- How collective bargaining takes place in this industry. Rules/laws related to this collective bargaining in this industry. 4. Machinery for Settlement of Industrial Disputes 5. Workers’
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in the world. According to the Ministry of Civil Aviation‚ around 29.8 million passengers travelled to/from India during 2008‚ an increase of 30 per cent on previous year. It is predicted that international passengers will grow up to 50 million by 2015. Further‚ due to enhanced opportunities and international connectivity‚ 69 foreign airlines from 49 countries are flying into India. 2. Growth rate 24% annual growth 3. Growth Domestic airlines flew 3.67 million passengers in August
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