Growth spikes in Indian aviation market

June 6, 2017 in News for Clients

Growth spikes in Indian aviation market

Indian_airline

Things are really starting to take off in the Indian aviation market.

According to The International Air Transport Association (IATA), India has just moved up two places to become the fourth largest aviation market in terms of passenger numbers.

What’s all the excitement in the Indian aviation market?

Let’s take a look at some of the trends and innovative developments that are inspiring growth on the subcontinent:

Market growth

Not only has India entered the top five global aviation markets for the first time, IATA predicts that passenger numbers will rise by a massive 266 million pa by 2034.

This makes India the third fastest growing aviation market, with second placed US and fourth placed Indonesia set to grow by 559 million and 183 million respectively.

Across all domestic, international and connecting flights, India’s aviation industry carried 131 million passengers during 2016. This implies that growth will be sharp in the coming decades. Domestic passenger numbers have already been increasing yearly at around 20% for the last few years.

Here’s how this growth has been portioned in terms of overall passenger market share since 2014:

  • IndiGo: 7.8% increase (to 39.6%)
  • Jet Airways: 1.8% decrease (to 15.6%)
  • Air India: 4.6% decrease (to 13.8%)

Aviation hiring

To power this growth, various national aviation bodies and airlines have been quick to begin hiring.

In 2017 alone, the Airports Authority of India (AAI) intends to hire 400 ATCs. This would match the number of ATCs hired in 2016, and double the amount hired in 2015.

Air India has also applied for a world record, having been the first airline to run a flight with all-female crew to mark International Women’s Day. This is part of efforts to increase diversity in the industry, a factor that will have significant knock-on effects for global aviation hiring.

Employee training

Additional training resources will be required to produce staff with the right skills in sufficient numbers.

Among the biggest projects on the horizon is a proposition from Air India. The carrier has suggested plans to convert its Central Training Establishment in Hyderabad into a brand new aviation university.

The university would offer a variety of different courses aimed at training all types of aviation staff, including:

  • Pilots
  • Cabin crew
  • Ground crew
  • Engineering staff

The carrier hopes the university will produce an additional long-term revenue stream, as well as help to bring through the next generation of aviation staff.

Infrastructure

The Indian government has been keen to support growth in the Indian aviation market.

Under Narendra Modi’s premiership, the government has thrown its weight behind a whole series of initiatives designed to:

  • Increase regional connectivity
  • Raise the FDI limit
  • Reduce aviation fuel costs
  • Develop a new civil aviation policy

The Indian aviation market is truly starting to push through the sound barrier. But, developments are also happening in markets across the world, and you need the right staff in the right roles to ensure you’re fully prepared for growth.

Get more expert aviation recruitment advice and find candidates with all the right skills, anywhere in the world by calling on a little help from AeroProfessional.

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