Strategic Analysis Of Indian Civil Aviation Industry
Strategic Analysis of Indian Civil Aviation Industry
Submitted By:-
Jasmeet Kaur Grover(74)
Prerna Parija(89)
Vasudha Narayanan(104)
Indian Civil Aviation Industry
Abstract:
The Indian Civil Aviation Industry is the 9th largest in the world with 15 scheduled operators and 118 non scheduled operators. The anticipated CAGR for 2010-2013 is 16% owing to skilled labor and favorable business environment.
The growth of the aviation industry can be attributed to factors such as buoyant economy, higher disposable incomes, increase in corporate travels, growth in spending on leisure tourism-related travels, wider availability of low fares, etc. However, there are host of factors that hamper the growth of the industry like capacity and infrastructure related constraints, rising fuel cost, taxing the industry, unfair price war between carriers, etc. A number of measures related to the aviation infrastructure has been taken up:- 1) Development of capital intensive greenfield airports under PPP mode 2) Modernization of Delhi and Mumbai as well as non-metro airports, etc to address the infrastructure issues. 3) Consolidation drives in the industry are expected to provide the benefits such as increased economies of scale, rationalization of resources, and prevent further losses in the coming years. 4) Corrective measures such as rationalization of tax on ATF and rationalization of ticket pricing need to be pursued to put the Indian aviation industry on the path of sustainable growth
Introduction:
There are 4 Phases in growth of Aviation Industry:- 1) Phase 1(1912-1986) : Government Regulation of Airlines for stability.This phase is explained by the following diagram .
2) Phase 2(1986-2003): Private Air-Taxi controller come into existence. 3) Phase 3(2003-2006):Low Cost Carries change the air-traffic scene.
4) Phase 4(2006-Till Date): The Era of Mergers & Acquisitions.
Submitted By:-
Jasmeet Kaur Grover(74)
Prerna Parija(89)
Vasudha Narayanan(104)
Indian Civil Aviation Industry
Abstract:
The Indian Civil Aviation Industry is the 9th largest in the world with 15 scheduled operators and 118 non scheduled operators. The anticipated CAGR for 2010-2013 is 16% owing to skilled labor and favorable business environment.
The growth of the aviation industry can be attributed to factors such as buoyant economy, higher disposable incomes, increase in corporate travels, growth in spending on leisure tourism-related travels, wider availability of low fares, etc. However, there are host of factors that hamper the growth of the industry like capacity and infrastructure related constraints, rising fuel cost, taxing the industry, unfair price war between carriers, etc. A number of measures related to the aviation infrastructure has been taken up:- 1) Development of capital intensive greenfield airports under PPP mode 2) Modernization of Delhi and Mumbai as well as non-metro airports, etc to address the infrastructure issues. 3) Consolidation drives in the industry are expected to provide the benefits such as increased economies of scale, rationalization of resources, and prevent further losses in the coming years. 4) Corrective measures such as rationalization of tax on ATF and rationalization of ticket pricing need to be pursued to put the Indian aviation industry on the path of sustainable growth
Introduction:
There are 4 Phases in growth of Aviation Industry:- 1) Phase 1(1912-1986) : Government Regulation of Airlines for stability.This phase is explained by the following diagram .
2) Phase 2(1986-2003): Private Air-Taxi controller come into existence. 3) Phase 3(2003-2006):Low Cost Carries change the air-traffic scene.
4) Phase 4(2006-Till Date): The Era of Mergers & Acquisitions.
References: - 1) http://www.dgca.gov.in/ 2) http://www.indianchild.com/india_civil_aviation.htm 3) http://www.globalpost.com/dispatch/india/110125/indigo-airlines-indian-consumer 4) http://goindia.about.com/od/air/tp/india-domestic-airlines.htm 5) http://www.rediff.com/money/2008/jan/28air.htm 6) http://en.wikipedia.org/wiki/IndiGo 7) http://event.arc.nasa.gov/GreenAviation/home/pdf/R.Rosen.Green_Aviation_Workshop.pdf 8) http://rpe.nl.sg/Business/5bcc7b06-d2db-41e8-8e1f-e811facd6036.aspx