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Aviation – The Fastest Growing Industry

Aviation – The Fastest Growing Industry

Airline, one of the fastest growing industries in the world, is an inevitable and most sought after modes of transportation worldwide. The industry has been showing a positive growth rate both in the domestic and international sectors, especially in the Asia-Pacific region. According to International Air Transport association (IATA), the global passenger traffic  has risen  by 5.3%, compared to the  same period last year. Asia-Pacific region has the highest passenger traffic market share, 31.5 %.

Domestic demand has also risen dramatically.  According the statistics India is the 9th largest aviation market in the world. Indian aviation industry promises huge growth potential due to  investment-friendly government policies, rapid economic growth, large and growing middle class population, higher disposable incomes and  rising aspirations of the middle class. Studies show that the growth rate of Indian civil aviation sector has been steady during the last decade.

A push in the tourism sector along with enhanced regional connectivity  using helicopter services  will certainly give a boost to aviation sector in India.  All these indicate a high growth rate of the Industry which will generate thousands of opportunities to those who really aspire for a challenging job in the glamorous aviation industry.