LCCs account for 59% of India’s domestic traffic
and are the major force behind the country’s fast growing aviation market
India is currently served by 70 foreign airlines and five Indian carriers, with the latter having a market share of around 36%. With the fuel prices expected to stay low, and India’s GDP projected to expand at around 7.5% or higher, the coming year should see growth in both domestic and international traffic.
However, if India is to achieve a genuine sustainable growth rate and claim its rightful place as one of the world’s leading aviation markets, it needs to address many issues, of which include overcapacity, high input costs, intense competition and a restricted regulatory environment.
To make sense of how airlines can thrive in this exciting and also “brutal” market, we gather some of the major LCC players – who are the major force behind the country’s fast growing aviation market – and also airports to share their insights. Together, AirAsia, Air India Express, Go Air, Scoot and Bangalore Int’l Airportwill join us at Aviation Festival Asia 2017. Below is a preview of the panel and confirmed speakers:
Panel: India: The new flight path
- India’s airlines march back into profitability, but is this sustainable?
- Analysing the new aviation policy: What does the new replacement of the 5/20 rule mean? How does it help to open the India’s aviation market and what does it mean for domestic carriers?
- Opening up India’s aviation industry to FDI: Now foreign funds, individuals and non-airline companies can own up to 100% of domestic airlines, how will the landscape change?
- Safety oversight and shortage of skilled manpower: How to prepare for the challenges of fast growth?
- Growth prospects and opportunities for foreign airlines in the market
- Dilhan Haradasa, Group Head of Network and Regulatory Affairs, AirAsia
- K Shyam Sundar, Chief Executive Officer, Air India Express
- Raj Andrade, Vice President – Business Development, Marketing & Strategy, Bangalore International Airport
- Satyendra Pandey, General Manager, Strategy & Planning (CEO’s office), Go Air
- Bharath Mahadevan, India’s Head, Scoot
Do prepare for a “spicy” discussion. Join us.
Check out our website here or contact me on email@example.com to see how you can get involved.