5 APRIL 2010
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SITA, the specialist air transport IT company, says that Indian domestic aviation could carry 180m passengers by 2020. A new and comprehensive report in association with the Centre for Asia Pacific Aviation (CAPA) also suggests that international traffic will exceed 80m per annum. Today less than 2% of Indians fly in any given year. In the United States 651m people flew domestically in 2009, a drop of 5.2%. In forecasting substantial growth over the next ten years, the report notes that India's domestic air travel market is currently just 20% of China. In order to meet predicted growth over the next ten years airlines will need to invest US$120bn in new aircraft and a further US$20bn in the airport sector. www.sita.aero
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