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  • Vision 2040 For Aviation Sector: Ritika Rawat 18MBA 1577

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    Arnav Dutta
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    The Vision 2040 document released by the Union Minister for Civil Aviation outlines India's aviation sector growth plan. It estimates that India will need 200 airports and $40-50 billion of investment to handle over 1.1 billion annual passengers by 2040, as air travel demand in India is expected to grow six-fold in the next two decades. Key aspects of the vision include expanding airport infrastructure as major airports like Delhi and Mumbai may require a third each to meet the projected traffic, and growing the commercial airline fleet from 622 planes currently to over 2360 by 2040.

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    The Vision 2040 document released by the Union Minister for Civil Aviation outlines India's aviation sector growth plan. It estimates that India will need 200 airports and $40-50 billion of investment to handle over 1.1 billion annual passengers by 2040, as air travel demand in India is expected to grow six-fold in the next two decades. Key aspects of the vision include expanding airport infrastructure as major airports like Delhi and Mumbai may require a third each to meet the projected traffic, and growing the commercial airline fleet from 622 planes currently to over 2360 by 2040.

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    14 Ansichten8 Seiten

    Vision 2040 For Aviation Sector: Ritika Rawat 18MBA 1577

    Hochgeladen von

    Arnav Dutta
    The Vision 2040 document released by the Union Minister for Civil Aviation outlines India's aviation sector growth plan. It estimates that India will need 200 airports and $40-50 billion of investment to handle over 1.1 billion annual passengers by 2040, as air travel demand in India is expected to grow six-fold in the next two decades. Key aspects of the vision include expanding airport infrastructure as major airports like Delhi and Mumbai may require a third each to meet the projected traffic, and growing the commercial airline fleet from 622 planes currently to over 2360 by 2040.

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    VISION 2040 FOR

    AVIATION SECTOR

    RITIKA RAWAT
    18MBA 1577
    WHAT DO YOU
    MEAN BY
    AVIATION?
    VISION 2040 FOR AVIATION SECTOR
    • THE UNION MINISTER FOR CIVIL AVIATION
    SURESH PRABHU RELEASED THE VISION
    2040 DOCUMENT IN THE GLOBAL AVIATION
    SUMMIT 2019 IS ORGANISED IN MUMBAI
    WITH THE THEME ‘ FLYING FOR ALL’.
    AVIATION SECTOR IN INDIA

    • INDIA IS THE 7TH LARGEST AVIATION MARKET


    WITH 187 MILLION PASSENGER (to,from,and within
    India) in 2017-18, is expected to become the 3rd largest by
    2022.
    • INDIA HAS THE FASTEST GROWING AVIATION
    SECTOR
    FEATURES OF VISION DOCUMENT
    • The Document estimates that India will need 200
    airports and an investment of $40-50 billion to handle
    at least 1.1 billion passengers flying to , from and
    within the country.

     It is estimated that passenger traffic for FY 2040


    would be 1.1 billion, which is six times the 187
    million traffic recorded in FY 2018
    CONTD..
    • Even the second airport’s in regions like Delhi and
    Mumbai would be saturated by 2040 and will require
    a third airport.

    • The scheduled airline fleet will rise from 622, at the


    end of March 2018, to 2360 till March 2040.
    THANKYOU

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