Saturday, December 14, 2013

'India to become 3rd largest aviation market in world by 2020'

Bangalore: India is expected to become the third largest aviation market by in the world by 2020 after the US and China, Civil Aviation Secretary K N Shrivastava said here today.
"India is among the fastest growing and currently the ninth largest civil aviation market in the world," he said, speaking at an event here to rename Bengaluru International airport as Kempegowda international airport.
Shrivastava said the country's aviation market is expected to see a major upsurge in traffic in the next 10 years, with 337 million domestic and 84 million international passengers.
At present, the Indian aviation market is witnessing 117 million domestic and 43 million international passengers, he added.
14/12/13 Financial Express
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