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Indian Aviation Sector

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.

Passenger Traffic in FY15
      International freight traffic was 61 per cent of the total in FY15

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


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
ATR 72-600: 1


Jet Airways was started on April 1, 1992 by Naresh Goyal.


Fleet:
Airbus A330-200: 7
Airbus A330-300: 4
ATR 72-500: 13
Boeing 737-700: 2
Boeing 737-800: 62
Boeing 737-900: 2
Boeing 737-900ER: 4
Boeing 777-300ER: 10


Vistara is a joint venture between Tata Sons and Singapore Airlines and it commenced operations in 2015.


Fleet:
Airbus A320-200: 13
Airbus A320neo: 3

(5) Go Air:

Go Air commenced operations in 2005. It is a low-cost carrier.


Fleet:
Airbus A320-200: 19
Airbus A320neo: 12


Spicejet Airlines was started in 2005. It is a low-cost carrier.


Fleet:
Boeing 737-700: 2
Boeing 737-800: 28
Boeing 737-900ER: 4
Bombardier Dash 8 Q400: 21
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