YEAR ENDER 2006 – LATEST DEVELOPMENTS AND POLICY INITIATIVES RELATING TO THE MINISTRY OF CIVIL AVIATION

The civil aviation sector has been witnessing a boom as the domestic passenger carriage, cargo movement and international air traffic have shown exponential growth.  This growth has been largely fuelled by the policy of increased liberalization, which has been followed by Government on both domestic as well as international side.   After dismantling of monopoly of national carriers on the domestic skies in 1994, the civil aviation sector has seen increased competition resulting in significant growth.   The competitive tendencies have, in turn, resulted in adoption of aggressive, innovative pricing strategy and low cost model by the upcoming new airlines.    On the international side, Government has taken several initiatives to increase the availability of seats as well as better connectivity by entering into several bilateral agreements.   The year 2006 has been especially remarkable for the growth witnessed in passenger traffic.   The airlines have carried nearly 29 million domestic passengers till November, 2006, which is a growth of 47% over the corresponding period of 2005.  Further, the scheduled domestic air services are now available to/from 75 airports as against nearly 50 in the year 2000.

Click for complete article

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s


%d bloggers like this: