The Changing Arena Of Airlines In India

By Author: Forum Fernandis
Total Articles: 409
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Once after the liberalization policies were brought into practice in the late 1990s in the aviation sector in India, there was such a boom in the industry and a lot of private airline services entered the arena totally changing the existing situations in air travel. Obviously, India got a higher potential and scope for further development in this industry to support another fast-growing sector of tourism and also due to the nation’s favorable demographics. The revenue addition from the aviation sector through airlines in India is supposed to witness a tremendous hype in future.

This is made possible to a big extent by the aviation policies introduced by the Indian government, which act as the major bloodline and backbone of the industry. The last 5 years have really witnessed more investments by large and even small-sized domestic aviation companies, and also the growth had boosted up the native aerospace as well as defense industry, which are flourishing up in a big way lately.

As a result of liberalization, more of the investors came into the sector and this in turn was turned out to be a boon to the individual ...
... domestic passengers to get access to low-cost air travel. As per the latest statistics available in November 2012, the total number of passengers carried by the domestic airlines has improved to 5.02 million passengers, which are folds higher than the counts of the previous years. The total number of passengers carried by the domestic airlines through January to November 2012 was almost 53.4 million.

The Air Corporate Act that came into effect in 1994 was actually meant to end the monopoly of the existing corporations in terms of scheduled air services, by enabling private aviation companies also to operate in the sector of scheduled air services. A move was also made to covert the national airlines like Air India and Indian Airlines to limited companies and enabling the private participation also in the national airline sector. Then started Jet Airways and Air Sahara taking the benefit of this move by the government, and now with many number of domestic companies operating in this sector, the total share of private airline operators in domestic passenger carriage is about a fair 68.5%, almost 10 fold higher than what it was in 1994.

It will be worthwhile also for the readers to know the names of companies operating in this sector. Apart from Air India, the other major operators in this sector are Air India Express, Go Air, IndiGo, Jet Airways, SpiceJet, and Kingfisher to name a few. In any case, there is a higher scope for more investment in this sector. As the industry is on a rise with more and more of common men showing increased interest towards air travel, the airlines in India are going to have a good time in terms of business in future.

You can find many airlines in India which can offer you some of the best flying deals of all time.A stiff competition is going on in market among all the domestic airlines in India, so make use of it and book cheap flight tickets.