Panaji: Welcoming the Union government's move to abolish the rule that allows an airline to fly overseas only if it has a 20-aircraft fleet and has completed five years of domestic operations, CAPA (Center for Aviation, APAC) has predicted a robust growth in India's international passenger traffic, projecting it to double within the next decade.
From 43 million international air passengers in 2013, CAPA forecasts 'a rapid growth' to 90 million by 2023. "India is the only country that follows this 20-aircraft-five-year-rule. By doing away with it, we will be opening our skies to newer players after Jet Etihad and Tata Singapore, making pricing more competitive," said Kapil Kaul, CEO,CAPA, releasing the CAPA-SITA White paper on information technology in Aviation at a conference in Panaji, on Thursday.
27/09/13 Times of India
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From 43 million international air passengers in 2013, CAPA forecasts 'a rapid growth' to 90 million by 2023. "India is the only country that follows this 20-aircraft-five-year-rule. By doing away with it, we will be opening our skies to newer players after Jet Etihad and Tata Singapore, making pricing more competitive," said Kapil Kaul, CEO,CAPA, releasing the CAPA-SITA White paper on information technology in Aviation at a conference in Panaji, on Thursday.
27/09/13 Times of India
