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Posted: Fri 11:13, 20 May 2011 Post subject: jordan 11 Aviation Industry jordan 11 | |
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Indian aviation industry is growing by 17% rate for the last few years with more than 40 million passengers have travelled in domestic sectors and more than 20 million passengers have travelled in international sectors in India in 2008. The number of airports in India has also been additional significantly with 15 international airports, 87 domestic airports, 27 civilian enclaves and more than 300 small airstrips. Also air shipment is growing at a rate of 13%-14% and contributes around 0.2% of India"s GDP. Besides the annual age public company Air India the major private players operating in Indian market are Jet Airways, Kingfishers, Spice Jet, Indigo jordan 11, Paramount, Go Air etc. Among this Kingfisher has the largest market share of 21% closely followed by Jet Airways with 19.5% market share. Indian airline have nourished a seat ingredient of 70% to 80% in 2009. 2.SWOT Analysis 2.1Strengths Opening of domestic aviation sector apt private airlines and strong economic growth are the major reasons because fast growth in aviation sector. Also for Indian aviation industry namely relatively fashionable, the planes are relatively current which results in better operational efficiency Jordan V.5 Grown, tourist solace and longer lifetime. 2.2Weakness Despite rapid growth and entrants of several new players there are definite issues which are haunting aviation sector till now. One of them is the deficiencies of hangar infrastructure cross the nation. Nearly entire the major airports in India are heavily congested and operating contexts too are inefficient. Though recently new airports built in Bangalore and Hyderabad and modernization of Delhi and Mumbai airports have result in relatively better airport infrastructure. Also most of airlines have no been skillful to crash even till now. Unless they accomplish profitability within a short time phase some of these airlines ambition find it laborious to contest in this competitive mall. Another big obstacle to approaching profitability for Indian airlines is the lofty fuel cost. Due to high bargains tax the fuel cost for airlines is sometimes 60% higher than international price. The rapid growth has too been resulted in rarity of resources particularly for pilots, technical human cheap air jordans, management people and airlines must rely on the expats which costs them heavily. Also India does not have tall quality training institutes which tin produce required number of pilots alternatively technical people. 2.3Opportunities Indian aviation industry is still in nascent stage and beyond economic growth will boost both number of passengers opting for air travels as well as cargo transported through airlines. Also India is slowing agreeable a passenger destination and the number of foreign citizen coming to India for both tourism and business activities are increasing. India"s geographical position is also quite suitable for it to become an aviation hub at the across roads among Europe/ Middle East and Asia pacific. Also increasing outsourcing of aerospace design and fabrication to India has been resulted in production of domestic talents which can be utilized to grow Indian aviation sector. 2.4Threats One of the biggest menaces to Indian airlines especially in the international segments is the entrant of extra matured and spend efficacious alien airlines. Also the security issues sometimes chance material of care to the ventilation traffics especially in the worldwide segment. 3.Government Policies With the adaptation of open-sky policy and allowing air-taxi operators to operate flights from any airport, either on a charter and non-charter basis and to judge their own flight timetables, cargo and passenger fares Indian administration has began the reform of Indian aviation industry. In 1994 private workers are allowed to cater air transport services. FDI up to 49% equity stake and NRI investment up to 100% equity stake through automatic are allowed in aviation sector. But foreign airlines are barred in investing in domestic airline company directly or indirectly. Also Indian |