Indian Aviation Sector Growth: India is one of the fast-growing aviation sectors in the world right now. With a population of 1.3 billion people, domestic traffic expanded at a CAGR of 11.46% over FY06-17, while international passenger traffic registered growth at a CAGR of 8.33% over FY06-17. Freight traffic is expected to cross 11.4 million tonnes by 2032. Currently, there are several airlines operating in India. Here, only major ones are mentioned. (1) Air India : Air India is owned by Government of India. Founded on 15 October, 1932 as Tata Airlines. Fleet: Airbus A319-100: 22 Airbus A320-200: 17 Airbus A320neo: 10 Airbus A321-200: 20 Boeing 747-400: 4 Boeing 777-200LR: 3 Boeing 777-300ER: 12 Boeing 787-8: 26 (2) Indigo Airlines : Interglobe Enterprises is the parent company for Indigo and it was founded in 2005. It is a low-cost carrier. Fleet: Airbus A320-200: 116 Airbus A320neo: 27 ...
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