Bangalore: January 1, 2014 marks 100 years in commercial aviation. On January 1, 1914, a team of aviators came together to operate first scheduled commercial flight across Tampa Bay (Florida).
Global aviation industry has transformed considerably since then. Today the industry generates $2.2 trillion revenues worldwide. It supports over 55 million jobs worldwide.
In the meanwhile, civil aviation market in India has come a long way and in 2013 and is witnessing a boom in the sector after it was liberalised. There are 9 scheduled carriers in India, which excludes the now grounded carrier Kingfisher Airlines.
Airline companies ferried a total of 507.02 lakh air passengers in India during January-October 2013 when compared to 483.95 lakh in Jan-Oct 2012 period, registering a growth of 4.77%. On a month-on-month basis, the sector showed a 10% increase as all carriers together ferried 50.8 lakh Oct-13 when compared to 45.55 lakh in September 2013.
01/01/14 Economic Times
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Global aviation industry has transformed considerably since then. Today the industry generates $2.2 trillion revenues worldwide. It supports over 55 million jobs worldwide.
In the meanwhile, civil aviation market in India has come a long way and in 2013 and is witnessing a boom in the sector after it was liberalised. There are 9 scheduled carriers in India, which excludes the now grounded carrier Kingfisher Airlines.
Airline companies ferried a total of 507.02 lakh air passengers in India during January-October 2013 when compared to 483.95 lakh in Jan-Oct 2012 period, registering a growth of 4.77%. On a month-on-month basis, the sector showed a 10% increase as all carriers together ferried 50.8 lakh Oct-13 when compared to 45.55 lakh in September 2013.
01/01/14 Economic Times
