The Indian Aviation Industry is among the world’s fastest growing industries. Currently Indian aviation Industry is the 9th largest aviation market in the world. India is expected to be amongst the top 5 nation in the world in the next 10 years in the aviation sector.
The growth is expected to be 18% in domestic markets.
Indian Airline Industry is beset with many problems, which consist of high price of Aviation Turbine Fuel (ATF), scarcity of skilled labor, quick fleet expansion, rise in labor costs and price competition among the players.