Aviation

You might also like

Download as pptx, pdf, or txt
Download as pptx, pdf, or txt
You are on page 1of 4

9 transport companies both cargo and passenger. 9transport companies both passenger and cargo. Nationalization in 1953.

Nationalization in 1953 Two entities Two entities 1. Indian airlines 1.Indian airlines 2. India. 2.AirAir india.

Implication.
Prefered for elite class. Flights delayed. Poor services. Underdeveloped architecture.

1986: Air taxi scheme Permission to start charter and non scheduled services.
1990: Open sky policy Permission for foreign airlines to run cargo flights without restrictions 1994: Air Corporation act Operation of both scheduled and non scheduled services in the domestic sector without any constraints on the size or type of aircraft.

1994-1995 In 1994-95 the government gave permission to directly import aviation turbine fuel (ATF). 2003 The entry of low cost carriers like Deccan, Spice jet, Go Air changed the landscape of the aviation industry. The no off first time fliers in both urban and rural India increased dramatically. Implication: Aviation has become affordable with check fares and discount schemes. Various operators with different business model. Huge growth foreseen in the Aviation industry.

You might also like