India is ramping up spending on its aviation industry by billions of dollars, but its outbound travel market is unlikely to overtake China's anytime soon.
India's airline industry may be on a strong growth trajectory — but don't expect India's outbound travel to overtake China's soon, aviation analysts say.
Crowd of travelers wait to check-in for their flight at Indira Gandhi International Airport in Delhi, India, on May 31, 2022.India's airline industry may be on a strong growth trajectory — but don't expect India's outbound travel to overtake China's soon, aviation analysts say. Although India has the world's third largest aviation market, "China's total fleet is almost five times the existing Indian fleet, for an almost equal population," she said, highlighting it was "indicating room for expansion."India's robust growth trajectoryIn comparison to China, India has a larger share of young adults, with 40% of its population under 25 years old, Dhavala said.
"Without infrastructure investments the risk is there would be a demand for more flights but not enough infrastructure to handle the flights, particularly in major cities," Sobie said.
Brasil Últimas Notícias, Brasil Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
China's military says US warship illegally entered waters in South China SeaChina's military said on Thursday it monitored and drove away a U.S. destroyer that had illegally entered waters around the Paracel Islands in the South China Sea.
Consulte Mais informação »
U.S. rejects China claim that warship illegally entered South China Sea watersChina’s military said Thursday that it had monitored and driven away the U.S.S. Milius, a guided missile destroyer, around the Paracel Islands.
Consulte Mais informação »
US denies Chinese claim it drove away American destroyerThe United States denied Chinese claims Thursday that its military had driven away an American guided-missile destroyer from operating around disputed islands in the South China Sea as tensions rise in the region between the two powers. The U.S. Navy's 7th Fleet said that a statement from China's Southern Theatre Command that it had forced the USS Milius away from waters around the Paracel Islands — called Xisha by China — was “false.” “USS Milius is conducting routine operations in the South China Sea and was not expelled,” said Lt. j.g.
Consulte Mais informação »
Analysis: India's law firms fret about poaching, plan fee hikes as foreigners gain a footholdIndia's decision to allow foreign law firms to establish offices in the country is set to shake up its legal services industry, with local firms fretting star performers could soon be poached and predicting that fees will shoot higher to retain them.
Consulte Mais informação »
Exclusive: India resists calls for more air access in drive to be global aviation forceIndia dampened foreign airline hopes for more access to its airports on Tuesday, with its aviation minister urging domestic carriers to fly long-haul and help establish new hubs as it seeks to recapture control of Indian travel from foreign rivals.
Consulte Mais informação »