INDIAN AVIATION INDUSTRY ANALYSIS 2019

Its this time of the year when there are lots of speculations going on in the Industry, its all about rising in fuel prices, slow performance of the Industry and some of the trade battles prevailing between US and China.

So, how about the performance of the Country that is going to be the third largest Aviation market by 2030? Yes, that is India:-

Before taking a look at that aspect, understand that the Indian Aviation Market is dominated mostly by 80% by Low Cost Airlines. These airlines haven't really expanded themselves into the International market, except for few and there is perhaps only 1 National Airline that serves, few International Destinations.

So, here are the reports:-

1. The year wasn't really good for the airlines as there were losses for about 6845.78 crores during the first 8 months.

2. It was also highlighted according to report published by Crisil that around 35- 40 percent of the operating cost for the airlines came from Aviation Turbine Fuel.

3. The collapse of the Jet Airways has yet put more burden on the Existing Carriers that have acquired the aircraft's for the payment in such a bad economic situation.

These were 3 of the main Key Highlights of the Indian Aviation Market, hope it performs Good the coming year.