illusion8
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Civil Aviation Minister Ajit Singh has said that India will become the third largest aviation market in the world by 2020, with its airport system poised to handle 336 million domestic and 85 million international passengers by then.
"India is currently the 9th largest aviation market handling 121 million domestic and 41 million international passengers with more than 85 international airlines operating to India and 5 Indian carriers connecting over 40 countries," he said.
Mr Singh said it was estimated that the commercial fleet size in India would reach 1000 aircraft worth $ 45 billion from 400 today by 2020.
Mr Singh said the development of GPS Aided Navigation System ‘GAGAN’ developed by Airports Authority of India with the support of Indian Space Research Organisation is another significant step which would bring India on the threshold of redefining navigation in the region from land based to satellite based system.
India is the fourth in the world after the United States, Japan and Europe to have such navigation system which will facilitate aircraft landing in tough weather and terrain. This will also help in reducing flying time and fuel consumption by providing straight navigation and thus reducing carbon emission, he said.
http://netindian.in/news/2013/10/31...dia-become-third-largest-aviation-market-2020
"India is currently the 9th largest aviation market handling 121 million domestic and 41 million international passengers with more than 85 international airlines operating to India and 5 Indian carriers connecting over 40 countries," he said.
Mr Singh said it was estimated that the commercial fleet size in India would reach 1000 aircraft worth $ 45 billion from 400 today by 2020.
Mr Singh said the development of GPS Aided Navigation System ‘GAGAN’ developed by Airports Authority of India with the support of Indian Space Research Organisation is another significant step which would bring India on the threshold of redefining navigation in the region from land based to satellite based system.
India is the fourth in the world after the United States, Japan and Europe to have such navigation system which will facilitate aircraft landing in tough weather and terrain. This will also help in reducing flying time and fuel consumption by providing straight navigation and thus reducing carbon emission, he said.
http://netindian.in/news/2013/10/31...dia-become-third-largest-aviation-market-2020
