Re­form could raise int’l traf­fic to 100 mn by FY21

TravTalk - India - - Report -

Lift­ing of the re­stric­tion would per­mit car­ri­ers such as AirAsia In­dia, GoAir, Tata- SIA and other prospec­tive start- ups to op­er­ate over­seas. CAPA had re­cently pro­jected that In­dia’s in­ter­na­tional traf­fic could reach 96 mil­lion by FY23 based on the cur­rent reg­u­la­tory frame­work. How­ever the lift­ing of the 5/ 20 rule would re­sult in an ac­cel­er­a­tion of growth, par­tic­u­larly over the next 2-3 years, and traf­fic could even cross the 100 mil­lion mark by FY21. Re­gional in­ter­na­tional mar­kets would see the most rapid growth: LCCs are ex­pected to be the key driv­ers of in­ter­na­tional growth, es­pe­cially if the 5/20 rule is lifted. This will re­sult in par­tic­u­larly strong ca­pac­ity ex­pan­sion on routes to the Gulf, and South and South­east Asia.

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