A spectacular boom is pushing aviation to new heights

IIPM PUBLICATION 
‘Granting wings of flight to the ordinary Indian!’ – we hear claps now when some airliners announce this statement; half-a-decade back, this expression would have earned nothing but slaps! And those were the days when the Indian aviation industry suffered from the ‘Maharajaha syndrome’ and hence was perceived to be an elitist undertaking. And how do we know that the sector is growing? Analytically, the number of passengers grew at 12.4% during 2003-04, which then accelerated to 24% during 2004-05, and finally touched 27% during 2005-06! As another numerical proof, the total domestic passenger traffic handled at the
Delhi airport has more than doubled from 4.98 million during 2000-01 to 10.49 million during 2005-06; and the total cargo handled at the capital’s domestic airport too has increased by 37% from 173,601 tonnes during 2000-01 to 237,923 tonnes during 2005-06! 

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Source : IIPM Editorial, 2006, Arindam Chaudhuri’s Initiative

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