What is the future of the Aviation Industry?
Posted on : 17 July, 2021 3:43 pm
The Aviation industry has so much scope in the future that that will open up many opportunities for the aspirants. In the upcoming years, the industry of aviation will grow leaps and bounds ahead of many other industries. Furthermore, the candidates who aspire to make their careers in the field of aviation and are a little skeptical must go for it as one decision of proceeding with this industry can be life-changing.
Future of the Indian Aviation Industry:-
- India will build 100 new airports with 60 billion dollars in the next 10-15 years.
India will be building 100 new airports in the upcoming 10-15 years. This will result in building many new employment opportunities for the aspirants. For, every airport shall have new airports which will lead to various opportunities in Ground Staff, Cabin Crew, and many more.
- Indian aviation market will be bigger than America and China in the next 10 to 15 years.
Encompassing America and China, Indian Aviation will be a bigger market in the upcoming 10 to 15 years. Jayant Sinha, the then Union Minister of State for Civil Aviation said, “The growth in the aviation sector is unprecedented. In the last three-four years, we have actually been growing at 15-20 percent. From 100 million passenger trips a few years ago we will double to about 200 million passenger trips this fiscal. In fact, India is already the third-largest domestic aviation market in the world only after the US and China.”
- Indian commercial fleet to grow four times by 2039.
David Schulte, the Managing Director of Regional Marketing of Boeing said in his latest statement, “Many more Indians will travel by airplane for leisure and business as incomes rise tied to industrialization and an economic growth rate in South Asia that leads all emerging markets. With greater demand for domestic, regional, and long-haul travel, we anticipate India’s commercial fleet will grow fourfold by 2039.”