Where is Indian aviation headed?
With much being said about India being the fastest growing aviation market in the last - rose 9 per cent on a yearly basis in January, the recorded single digit growth since July 2014. season, which wasn’t that good for the airlines either. Another factor that contributed to this decrease was airline fares increasing to adjust higher costs. Usually, airlines increase fares to recover the losses they suffered in previous quarters owing to higher fuel costs and a weaker rupee. This hampered the low PLF than reduce their fares, which according to CAPA would further dampen growth. India, in the last four years, saw an average air passenger growth of 20 per cent, but now it may slow down in 2019-20 against the estimated 18 per cent in 2018-19. However, we hope that the regional connectivity scheme and the development of new