Tuesday, May 27, 2008

Big aviation opportunities in India

Infrastructure minister Anthony Albanese has met with India’s civil aviation minister, Hon Shri Praful Patel, to discuss the possibility of a high-level aviation and infrastructure delegation to India by early next year.
India is planning to invest up to $500 billion in infrastructure development in the next five years.
“There are enormous opportunities for Australian companies to assist India,” said Mr Albanese.
While no Indian airlines are offering direct flights to Australia, the imminent completion of the merger between Air India and Indian Airlines is expected to open direct air routes between the two countries.
Currently the majority of traffic between Australia and India travels on third-country airlines via intermediate hubs such as Singapore, Bangkok and Kuala Lumpur.
27/05/08 Transport and Logistics News, Australia
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