43. PURPOSE & AIM To be able to evaluate a range of personal attributes required by cabin crew to carry out their role and responsibilities effectively.
92. P3 & P4 Where do I fit into the picture? What is my future in the Aviation sector? How did I benefit from doing this research?
93.
94. FUTURE OF DOMESTIC AVIATION SECTOR India is one of the fastest growing aviation markets in the world. The current growth rate in domestic and international travel exceeds 25% the highest in the world. The Indian aviation industry has witnessed a remarkable growth in recent years with key drivers being positive economic factors, growth in consumer spending and availability of low fares. It is estimated that by 2010, Indian airports will be handling between 90 and 100 million passengers per year, as against the current 34 million passengers. It is also expected that nearly the low cost carrier segment [LCC] will drive 80% of this growth. The increase in percentage growth rate of domestic sector is far more than that of the international sector. The other factors, which will boost up the domestic sector in next few years, are as follows: LCC (low cost carrier): Due to the emergence of the low cost airlines, every common person can afford to travel which was a rare scenario in earlier days. Attraction to foreign shores: jet and Sahara have gone international by starting operations. After five years of domestic operations, many domestic airlines too will be entitled to fly overseas. Rising income levels: though India’s GDP is very low as compared to the developed country standards, but as India’s economy is growing even now, the common person can afford to fly by air .Glamour of the airlines. No other industry other than film making industry is as glamorous as the airlines. Airline tycoons have been idolized. Airlines have a aura of glamour around them, and high net worth individuals can always have an idea of owing an airline, due to all the above factors have resulted in a “me too” rush to launch domestic airlines in India.
