Tuesday, January 22, 2019

India fast emerging as aviation power, time for Indian airlines to become global: Ajay Singh, SpiceJet chief

Confident of Indian aviation sector continuing its world-beating growth rate, SpiceJet chief Ajay Singh has said it's high time for the country to become a major global hub for connecting flights and its airlines to be leading international players.
Singh, who is here to participate in the World Economic Forum Annual Meeting, said the country is emerging as "aviation power", as the Indian aviation sector is the fastest growing in the world with a growth rate of 20 per cent a year.
But despite this 20 per cent growth, we have only 3-3.5 per cent of population flying, so clearly there is a great potential to grow further, said the SpiceJet chairman and managing director.
"Certainly, there are challenges also, such as infrastructure challenges, but the government is putting a lot of efforts for building new airports. Then the Udan scheme is connecting smaller cities which were never on the avitation sector map. In the past 75 years, just 75 airports were connected in another 3-4 years another 70-75 airports would (have) come on line," Singh told in an interview.
22/01/19 PTI/Economic Times