India is the 9th largest country in the world in terms of civil aviation. Currently, India has been reported to be a market of worth over 16 billion US dollars. The analysts of global markets have predicted that the industry, in the next four years, is all set to be the 3rd largest aviation market, and it will be the largest by the year 2030 in the entire world.
So what made it happen? It is because of an unprecedented growth of air charter companies in India. These companies offer a comprehensive range of services that include-
Planning a well strategic and flawless itinerary
Immediate ground handling facilities at the airports across the nation and the world
Making proper arrangement of accommodation for passengers &
Many other added services.
These companies support operators of both freight scheduled flights and passenger on both international and domestic routes. It will not be an exaggeration at all to mention that the world is now fixed on the Indian aviation industry, and the entire credit directly goes to all stakeholders who are active in this particular industrial segment. These mainly include the operators of charter flight services.
Charter companies claim that they don’t have to face any of those problems the other general airlines companies have to confront. This is because of the fact that they don’t have equally high payments structure and operational costs. For instance, they fly only after obtaining the full payment for the flight. On the contrary, a commercial airline has to take a flight to its destination even if so many seats are left unfilled. This thing always ends up in more-than-average operational costs and poor returns.
The passenger traffic in Indian airspace grew by 20.2% and reached 22.3 million in the fourth quarter of 2016. During the previous year, it was only 17 million. For instance, if the passenger traffic in June, 2015, was 7.9 million, in June, 2016, it was 8.8 million. That simply indicates towards a phenomenal growth. In the vertical of freight transportation, it was 249,590 tonnes in June, 2015. In June, 2016, it was 299,990 tonnes.
The movement of private aircrafts on all the airports in India was 8% higher in the month June, 2016, in comparison to June, 2015. And, the entire credit for this phenomenal growth goes to the providers of professional air charter services in India. They have played a pivotal role to make this better than expected surge to happen.
A New Delhi-based operator recently transported the satellites of ISRO from Bangalore City to Cayenne in French Guiana. That is not all. The company also transported tons of life-saving medicines and other relief materials during man-made and natural calamities. This growth curve has clearly proved that India is quite well placed to be the central point of global aviation industry by the year 2030.