A new report published by CAPA - Centre for Aviation and air transport IT specialist SITA forecasts that India will become the world’s third largest aviation market by 2020 and examines whether the country has the right investment, infrastructure and regulatory system to enable this growth. Technology and innovative practices will play a key role in meeting the challenge of growth but the report finds that IT is not always considered a tool of strategic importance.
The joint CAPA-SITA Report on Innovation and Technology: Opportunities for Transformation in Indian Aviation builds on a previous report produced in 2010. It provides an update on the IT landscape in India’s air transport industry, and also highlights some of the challenges in deploying innovative technology across the industry. The report incorporates the perspectives of the key stakeholders in the industry and makes some predictions for the future.
Indian aviation has changed hugely since 2000 when just one carrier flew overseas - today there are seven; passenger traffic has increased from 42 million to 150 million; and the country’s fleet has grown from 119 aircraft to 437. The low cost sector has grown massively and now represents 70 percent of the market. The CAPA-SITA report predicts that by 2020, 452 million passengers will fly each year and there will be 1,030 aircraft in the fleet. This will make India the world’s third largest aviation market.
17/03/12 Travel Daily News
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