Weather's good for flying!

The fact that Mumbai requires another international airport reflects the flying speed with which the Indian aviation industry has been growing in the last few years – post the government’s open sky policy. The Indian civil aviation market reportedly grew at a compound annual growth rate of 18%. The Centre for Asia Pacific Aviation (CAPA) foresees a stupendous growth in air traffic with 25-30% for domestic passengers and 15% for international passengers. It is estimated that by 2020, 40 crore Indian passengers would be flying. Similarly, air cargo is also likely to cross the 3 million tonnes per annum mark. Well, the weather’s good for flying!
All this needs to be seen from the perspective of India’s economic progress and growing international competitiveness. Fifteen years back, nobody would have thought about having airports in towns like Sindhudurg and Chakan in Maharashtra or Cheitu in Nagarland and Paladi in Rajasthan. But today, it is very realistic. The logic is simple - more people and things are flying because there is more money involved. To ensure that these people and things keep flying – and also enjoy flying – we need better and bigger airports. And we need more of them. Translation – opportunities galore. Go grab them – but first remember to enhance your capabilities and competitiveness.
21/08/09 Niranjan Mudholkar/ConstructionWeekonline.com

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Categories: Airports Aug 2009, New Aug 2009