New Delhi: Union Civil Aviation Minister Jyotiraditya Scindia on Monday said that India in the coming decades will be seen as a major player in the aviation market as it has survived the turbulent times and is now portraying a massive V shape recovery. Speaking at a summit organized by aviation consultancy CAPA in New Delhi, the Union Minister lauded the aviation sector and said that the domestic aviation sector is now seeing new heights, particularly in the domain of passenger traffic.
The Minister in his remarks pointed out that despite the high season being over by now, the country is witnessing daily passenger traffic of 4.2-4.4 lakh, suggesting that demand is robust and the next high season starting in October could break previous records. The Union Minister in his remarks also noted, “Four years ago, we had a fleet of 400 planes. Now it is upwards of 700," adding that "India’s passenger aircraft fleet is likely to be around 2,000 planes in five to seven years."
"In 2013-14, a country (India) that had only 14 million domestic passengers today has 144 million domestic passengers - 10 times growth in 10 years," he said.