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Avaition Industry Info Essay

5964 words - 24 pages

Aviation Industry Information

The airline industry provides transportation services for passengers as well as cargo through scheduled air routes. The aviation industry derives its revenues from regular ticket fees and freight charges. Other major components of the aviation sector include:

• Air traffic control
 
• Helicopter and private charter services
 
• Airport management
 
• Express delivery service

History of the Airline Industry

The pioneers of the airline industry, the Wright Brothers invented the first airplane in 1903. The first modern airliner, Boeing 247, was launched in 1933. It traveled at 155 miles per hour and ...view middle of the document...

  Top 5 airports in the country handle 70% of the passenger traffic of which Delhi and Mumbai together alone account for 50%.  Passenger and cargo traffic has growth at an average of about 9% over the last 10 years.
 
1.2 Growth: Estimated domestic passenger segment growth is at 12% per annum.  Anticipated growth for International passenger segment is 7% while the growth for International Cargo is likely to grow at a healthy rate of 12%.
 
1.3 Privatization: Privatization of International Airports is in offing through Joint Venture route.  Three Greenfield airports are getting developed at Kochi, Hyderabad and Bangalore with major shareholding of private sector. The work on Bangalore airport is likely to commence shortly.  Few selected non-metro airports are likely to be privatized.100% foreign equity has also been allowed in construction and maintenance of airports with selective approval from Foreign Investment Promotion Board.
 
1.4 Air movements: The total aircraft movements handled in October 2003 has shown an increase of 15.4 percent as compared to the aircraft movement handled in October 2002. The international and domestic aircraft movements increased by 15.4 percent each during the period under review.  The reason for increase in aircraft movements is due to increase of operation of smaller aircraft by airlines and the introduction of new airlines viz., Air Deccan in southern region and international airlines (Air Canada, Polar Air Cargo, Qatar Airways (Freighter), Turkish Airways, Air Slovakia at IGI Airport with effect from October 2003.
 
1.5 Passenger Traffic:  International and Domestic passenger traffic handled in October 2003 has increased by 15.4 percent and 6.7 percent over the period of October 2002 leading to an overall increase of 9.4 percent.  The total passenger increased by 9.2 percent, 7.6 percent, 8.9 percent and 17.0 percent respectively at five international airports six developing international airports, eight custom airports and 26 Domestic airports.
 
1.6 Cargo Traffic:  The total cargo traffic handled in October 2003 has shown an increase of 3.5 percent as compared to the cargo handled in October 202.  The international and domestic cargo traffic increased by 4.3 percent and 2.1 percent respectively during the period.
 
During the month of October 2003, 5346 thousand aircraft movements (excludes defence & other non-commercial movements), 40.33 lakh passengers and 88.59 thousand tones of cargo were handled at all the airports taken together.

2. History

 
The first commercial flight in India was made on February 18, 1911, when a French pilot Monseigneur Piguet flew airmails from Allahabad to Naini, covering a distance of about 10 km in as many minutes.
 
Tata Services became Tata Airlines and then Air-India and spread its wings as Air-India International. The domestic aviation scene, however, was chaotic. When the American Tenth Air Force in India disposed of its planes at throwaway prices, 11...

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