{"id":21987,"date":"2022-04-04T16:37:58","date_gmt":"2022-04-04T16:37:58","guid":{"rendered":"https://www.5paisa.com/finschool/?p=21987"},"modified":"2025-03-06T20:05:09","modified_gmt":"2025-03-06T14:35:09","slug":"indian-aviation-breakthrough-challenges","status":"publish","type":"post","link":"https://www.5paisa.com/finschool/indian-aviation-breakthrough-challenges/","title":{"rendered":"Indian Aviation Breakthrough Challenges"},"content":{"rendered":"\u003cdiv data-elementor-type=\u0022wp-post\u0022 data-elementor-id=\u002221987\u0022 class=\u0022elementor elementor-21987\u0022\u003e\u003csection class=\u0022elementor-section elementor-top-section elementor-element elementor-element-993586f elementor-section-boxed elementor-section-height-default elementor-section-height-default\u0022 data-id=\u0022993586f\u0022 data-element_type=\u0022section\u0022\u003e\u003cdiv class=\u0022elementor-container elementor-column-gap-default\u0022\u003e\u003cdiv class=\u0022elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-09a8c58\u0022 data-id=\u002209a8c58\u0022 data-element_type=\u0022column\u0022\u003e\u003cdiv class=\u0022elementor-widget-wrap elementor-element-populated\u0022\u003e\u003cdiv class=\u0022elementor-element elementor-element-a7ab6e6 elementor-widget elementor-widget-text-editor\u0022 data-id=\u0022a7ab6e6\u0022 data-element_type=\u0022widget\u0022 data-widget_type=\u0022text-editor.default\u0022\u003e\u003cdiv class=\u0022elementor-widget-container\u0022\u003e\u003cp\u003eમહામારી સહિત તમામ મહત્વપૂર્ણ પડકારો હોવા છતાં ભારતીય ઉડ્ડયન ક્ષેત્ર ફરીથી આગળ વધે છે, અને સફળ વેક્સિન રોલ આઉટ થયા પછી અને વૈશ્વિક સ્તરે મુસાફરી પ્રતિબંધો હળવા થયા પછી ઉદ્યોગને મહામારી કોવિડ 19 ના અસ્થિરતામાંથી તેની સફળતા મળી છે. ફ્લાઈ સ્ટ્રેટેજી માટે સરકારની પાંખો ભારતને તેના ઉડ્ડયન ઉદ્યોગને પુનર્જીવિત કરવામાં મદદ કરશે.\u003c/p\u003e\u003cp\u003e\u003cstrong\u003e\u003cspan style=\u0022color: #000080;\u0022\u003eવિષય વિશે વધુ ચર્ચા કરતા પહેલાં તે જાણવું મહત્વપૂર્ણ છે –\u003c/span\u003e\u003c/strong\u003e\u003c/p\u003e\u003ch6\u003e\u003cem\u003e\u003cstrong\u003e\u003cspan style=\u0022color: #000080;\u0022\u003eભારતીય અર્થતંત્ર માટે ઉડ્ડયન ક્ષેત્રને શું મહત્વપૂર્ણ બનાવે છે\u003c/span\u003e\u003c/strong\u003e\u003c/em\u003e\u003c/h6\u003e\u003cp\u003e\u003cimg decoding=\u0022async\u0022 class=\u0022 wp-image-21990 aligncenter\u0022 src=\u0022https://finschool-static-content.storage.googleapis.com/3b7f83c350e05504b5f5135943eafd36/India--300x164.jpg\u0022 alt=\u0022\u0022 width=\u0022210\u0022 height=\u0022115\u0022 /\u003e\u003c/p\u003e\u003cul\u003e\u003cli\u003eઉડ્ડયન ક્ષેત્ર અર્થતંત્રના અન્ય ક્ષેત્રો સાથે જોડાયેલ છે અને આવક ઉત્પન્ન કરે છે.\u003c/li\u003e\u003cli\u003eમધ્યમ-આવકવાળા ઘરોનો વધતો પ્રમાણ, ઓછા ખર્ચે કેરિયર્સમાં તંદુરસ્ત સ્પર્ધા, અગ્રણી હવાઈ મથકો પર ઇન્ફ્રાસ્ટ્રક્ચરનું નિર્માણ અને સહાયક નીતિ માળખું અર્થતંત્રને હકારાત્મક દબાણ આપે છે\u003c/li\u003e\u003cli\u003eભારતમાં હવાઈ મુસાફરીની માંગમાં વધારો થવાથી મજબૂત ઇકોસિસ્ટમ અને સહાયક સરકારી નીતિઓનો વિકાસ જરૂરી છે.\u003c/li\u003e\u003cli\u003eઆ ક્ષેત્રમાં ખાનગી ઓપરેટરોના પ્રવેશ અને હવાના ભાવમાં મોટો કાપ સાથે, ભારતમાં હવાઈ મુસાફરી લોકપ્રિય બની હતી\u003c/li\u003e\u003cli\u003eભારતીય અર્થતંત્રમાં વૃદ્ધિએ 8% થી વધુના કુલ ઘરેલું ઉત્પાદનમાં વધારો કર્યો છે અને આ ઉચ્ચ વૃદ્ધિ દર સારી સંખ્યામાં વર્ષો સુધી ટકી રહેશે\u003c/li\u003e\u003cli\u003eએર ટ્રાફિકમાં ભારે વધારો થયો છે અને ટ્રાવેલ સેગમેન્ટમાં 25% થી વધુની વૃદ્ધિ થવાની અપેક્ષા છે.\u003c/li\u003e\u003cli\u003eભારતમાં એર ટ્રાન્સપોર્ટ સેક્ટર સીધા 3,90,000 નોકરીઓનું યોગદાન આપે છે અને પરોક્ષ રીતે વિવિધ સપ્લાય ચેનમાં 5,70,000 થી વધુ નોકરીઓને સપોર્ટ કરે છે. વધુમાં, હવાઈ પરિવહન ભારતમાં પર્યટન અને રોકાણની સુવિધા આપે છે.\u003c/li\u003e\u003cli\u003e\u003ch6\u003eભારતમાં હવાઈ માર્ગે આવતા વિદેશી પ્રવાસીઓને વધારાની 6.2 મિલિયન નોકરીઓને ટેકો આપવાનો અંદાજ છે. એકંદરે, ઉડ્ડયન ઉદ્યોગ ભારતના જીડીપીમાં વાર્ષિક $72 બિલિયનનું યોગદાન આપે છે.\u003c/h6\u003e\u003c/li\u003e\u003c/ul\u003e\u003ch6\u003e\u003cstrong\u003e\u003cem\u003e\u003cspan style=\u0022color: #000080;\u0022\u003eચાલો સમજીએ કે ભારતમાં ઉડ્ડયન ઉદ્યોગ માટે પડકારો શું છે\u003c/span\u003e\u003c/em\u003e\u003c/strong\u003e\u003c/h6\u003e\u003cul\u003e\u003cli\u003e\u003cspan style=\u0022color: #000080;\u0022\u003e\u003cstrong\u003e\u003cu\u003eકોવિડ 19 મહામારી\u003c/u\u003e\u003c/strong\u003e\u003c/span\u003e\u003c/li\u003e\u003c/ul\u003e\u003cp\u003e2019 ની કોરોનાવાઇરસ મહામારીને કારણે આપત્તિઓનું હિમનત થયું, માત્ર માનવ જીવનને અસર કરતું નથી પરંતુ નકારાત્મક અસરનો અર્થ એ છે કે તેમને ટકાવી રાખ્યું છે. રાષ્ટ્રવ્યાપી લૉકડાઉન, જરૂરિયાતોની અછત અને જીવનનું અપાર નુકસાન વચ્ચે, મહામારીના પ્રથમ થોડા મહિનાની અંદર આર્થિક પરિસ્થિતિ સંવેદનશીલ રીતે ગંભીર બની ગઈ, જે વિશ્વભરના મુખ્ય ઉદ્યોગોને અસર કરે છે. આમાંથી એક જાણીજોઈને અસરગ્રસ્ત ડોમેન એવિએશન સેક્ટર હતું.\u003c/p\u003e\u003cul\u003e\u003cli\u003e\u003cspan style=\u0022text-decoration: underline;\u0022\u003e\u003cspan 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થઈ.\u003c/li\u003e\u003c/ol\u003e\u003cul\u003e\u003cli\u003e\u003cspan style=\u0022text-decoration: underline;\u0022\u003e\u003cspan style=\u0022color: #000080;\u0022\u003e\u003cstrong\u003eઓછી આંતરરાષ્ટ્રીય હવાઈ મુસાફરી\u003c/strong\u003e\u003c/span\u003e\u003c/span\u003e\u003c/li\u003e\u003c/ul\u003e\u003col\u003e\u003cli\u003eવિદેશી હવાઈ મુસાફરીમાં ઘટાડો એરલાઇન ઉદ્યોગ પર કોવિડ-19 ની સૌથી ખરાબ અસરોમાંથી એક હતો. ખરેખર, નિષ્ણાતોએ આશ્ચર્યચકિત કર્યું કે સમયાંતરે લૉકડાઉન સાથે મુસાફરી પર વધતા પ્રતિબંધો, ઓછામાં ઓછા 2023 સુધી આંતરરાષ્ટ્રીય હવાઈ મુસાફરીના પ્રમાણને અસર કરવાનું ચાલુ રાખશે.\u003c/li\u003e\u003cli\u003eવાઇરસના પ્રસારને ઘટાડવા માટે ઘણા દેશોએ ઉડાનો પર પ્રતિબંધ મૂક્યો; પ્રમુખ એરલાઇન કંપનીઓએ ત્યારબાદ કામગીરીઓ શટડાઉન કરી - કોવિડ-19 એ એરલાઇન ઉદ્યોગને કેવી રીતે વિક્ષેપિત કર્યો તે સૂચક.\u003c/li\u003e\u003c/ol\u003e\u003cul\u003e\u003cli\u003e\u003cspan style=\u0022text-decoration: underline; color: #000080;\u0022\u003e\u003cstrong\u003eએરપોર્ટની આવક પર અસર\u003c/strong\u003e\u003c/span\u003e\u003c/li\u003e\u003c/ul\u003e\u003col\u003e\u003cli\u003eમહામારી દરમિયાન વધઘટ થતી નાણાંકીય પરિસ્થિતિ એરલાઇન ઉદ્યોગ પર કોવિડ-19 ની સૌથી ખરાબ આર્થિક અસરોમાંથી એક હતી. એર ટ્રાફિક અને પેસેન્જર સંબંધિત શુલ્ક વગર, વૈશ્વિક એરપોર્ટની આવક લગભગ અસ્તિત્વમાં નથી, કારણ કે ઘણી એરલાઇન કંપનીઓએ દુકાન બંધ કરી દીધી હતી.\u003c/li\u003e\u003cli\u003eવર્ષ 2020 ઓપરેટિંગ ખર્ચમાં કોઈપણ સુગમતા દર્શાવવામાં આવી નથી. That, in tandem with massive capital costs, proved to be one of most unprecedented challenges of the aviation industry in 2020.\u003c/li\u003e\u003c/ol\u003e\u003cul\u003e\u003cli\u003e\u003cspan style=\u0022text-decoration: underline;\u0022\u003e\u003cstrong\u003e\u003cspan style=\u0022color: #000080; text-decoration: underline;\u0022\u003eRising Oil Prices due to Russia Ukraine War\u003c/span\u003e\u003c/strong\u003e\u003c/span\u003e\u003c/li\u003e\u003c/ul\u003e\u003col\u003e\u003cli\u003eThe Prices of Brent Crude Oil crossed $100 per barrel as Russian President Mr Vladimir Putin declared war against Ukraine.\u003c/li\u003e\u003cli\u003eAccording to market watchers, higher crude oil prices are major headwinds for a couple of sectors including aviation, paint, tyres and oil marketing companies.\u003c/li\u003e\u003cli\u003eBrent crude oil has jumped over 30 per cent to $101.40 on a year-to-date basis. The commodity was at $77.78 per barrel.\u003c/li\u003e\u003cli\u003eFollowing the rise in crude oil prices, the cost of aviation turbine fuel (ATF) has advanced 19 per cent to Rs 90,519 per kl from Rs 76,062 per kl.\u003c/li\u003e\u003cli\u003eThe rise in ATF prices may hit the balance sheet of airline companies which accounts for more than 35 per cent of the cost of running an airline in India.\u003c/li\u003e\u003cli\u003eStrengthening crude oil prices will impact aviation sector and put pressure on currency also.\u003c/li\u003e\u003c/ol\u003e\u003cp\u003e\u003cspan style=\u0022color: #000080;\u0022\u003e \u003cstrong\u003e\u003cem\u003eBreakthrough Despite the Turbulence\u003c/em\u003e\u003c/strong\u003e\u003c/span\u003e\u003c/p\u003e\u003cul\u003e\u003cli\u003eDespite all the challenges in front of Indian Aviation Industry experts believe that the sector will rebound till the mid year 2022.\u003c/li\u003e\u003cli\u003eExperts are bullish about the Air Line Market as the air traffic in India has grown by 9% in the last 20 years and will continue to grow.\u003c/li\u003e\u003cli\u003eThe passenger traffic in India is expected to grow by 6.2 % per annum by 2040, the fastest among the major economies.\u003c/li\u003e\u003c/ul\u003e\u003cp\u003e\u003cspan style=\u0022color: #000080;\u0022\u003e\u003cem\u003e\u003cstrong\u003eGovernments WINGS TO FLY initiative to Rebound Aviation Industry\u003c/strong\u003e\u003c/em\u003e\u003c/span\u003e\u003c/p\u003e\u003cp\u003e\u003cspan style=\u0022color: #000080;\u0022\u003e\u003cstrong\u003eW     \u003c/strong\u003e\u003c/span\u003e-With Modernization of Airports\u003cbr /\u003e\u003cspan style=\u0022color: #000080;\u0022\u003e\u003cstrong\u003eI        \u003c/strong\u003e\u003c/span\u003e-Incentivization of MRO\u003cbr /\u003e\u003cspan style=\u0022color: #000080;\u0022\u003e\u003cstrong\u003eN       \u003c/strong\u003e\u003c/span\u003e-New systems such as Unmanned Aircraft Sector-Drone\u003cbr /\u003e\u003cspan style=\u0022color: #000080;\u0022\u003e\u003cstrong\u003eG       \u003c/strong\u003e\u003c/span\u003e-Growth of Aviation Industry through strategic Disinvestment\u003cbr /\u003e\u003cspan style=\u0022color: #000080;\u0022\u003e\u003cstrong\u003e\u003cspan style=\u0022color: #000080;\u0022\u003eS\u003c/span\u003e        \u003c/strong\u003e\u003c/span\u003e-Scheme UDAN\u003c/p\u003e\u003cp\u003e\u003cspan style=\u0022color: #000080;\u0022\u003e\u003cstrong\u003eT\u003c/strong\u003e \u003c/span\u003e       -To Roll out Vaccination Programme for all\u003cbr /\u003e\u003cspan style=\u0022color: #000080;\u0022\u003e\u003cstrong\u003eO\u003c/strong\u003e \u003c/span\u003e      -Opportunity of Employment\u003c/p\u003e\u003cp\u003e\u003cspan style=\u0022color: #000080;\u0022\u003e\u003cstrong\u003eF \u003c/strong\u003e \u003c/span\u003e      \u0026#8211; Focus on Green Schemes\u003cbr /\u003e\u003cstrong\u003e\u003cspan style=\u0022color: #000080;\u0022\u003eL \u003c/span\u003e  \u003c/strong\u003e     \u0026#8211; Leasing out Airports on PPP Model \u003cbr /\u003e\u003cstrong\u003e\u003cspan style=\u0022color: #000080;\u0022\u003eY\u003c/span\u003e     \u003c/strong\u003e    \u0026#8211; Year on Year Analysis\u003c/p\u003e\u003cp\u003e\u003cspan style=\u0022text-decoration: underline;\u0022\u003e\u003cstrong\u003e\u003cem\u003e\u003cspan style=\u0022color: #000080; text-decoration: underline;\u0022\u003eW- With Modernization of Airports\u003c/span\u003e\u003c/em\u003e\u003c/strong\u003e\u003c/span\u003e\u003c/p\u003e\u003cp\u003eGovernment aims To Modernize Indian Airports so as to\u003c/p\u003e\u003cul\u003e\u003cli\u003eTo improve the standard of services and facilities at these Airports.\u003c/li\u003e\u003cli\u003eTo facilitate infusion of private sector investments as also foreign direct investment in the airport sector.\u003c/li\u003e\u003cli\u003eTo improve managerial efficiency.\u003c/li\u003e\u003cli\u003eTo induct state of the art technologies.\u003c/li\u003e\u003cli\u003eDelhi and Mumbai being gateway airports to the country and cater to a large number of tourist and other passengers, it is felt imperative to improve these airports to world-class standards and create positive impression of the country.\u003c/li\u003e\u003c/ul\u003e\u003cp\u003e\u003cspan style=\u0022text-decoration: underline;\u0022\u003e\u003cspan style=\u0022color: #000080;\u0022\u003e\u003cem\u003e\u003cstrong\u003eI -Incentivization of Maintenance, Repair and Overhaul(MRO)\u003c/strong\u003e\u003c/em\u003e\u003c/span\u003e\u003c/span\u003e\u003c/p\u003e\u003cul\u003e\u003cli\u003eUnion Civil Aviation Minister Jyotiraditya Scindia has urged Indian airlines to persuade their original equipment manufacturer (OEM) vendors to develop maintenance, repair and overhaul (MRO) facilities in the country.\u003c/li\u003e\u003cli\u003eBesides, land allotment for entities setting up MRO facilities will be done for 30 years instead of the current short-term period of 3 to 5 years.\u003c/li\u003e\u003cli\u003eUnder the new policy, the rate of lease rental would be decided through bidding instead of the current practice of having pre-determined AAI (Airports Authority of India) rates.\u003c/li\u003e\u003cli\u003eAlso, the rate of escalation for lease rental would be 15 per cent after every 3 years. At present, the escalation rate is 7.5 per cent to 10 per cent per annum.\u003c/li\u003e\u003cli\u003eThe land will be allotted through open tenders instead of the current practice of allotment based on an entity\u0026#8217;s request.\u003c/li\u003e\u003cli\u003eAccording to the minister, there will also be changes in the renewal of the contract of existing leaseholders. On the expiry of existing contracts, the land given to these MROs would be allotted on the basis of a bidding process.\u003c/li\u003e\u003c/ul\u003e\u003cp\u003e\u003cspan style=\u0022text-decoration: underline;\u0022\u003e\u003cspan style=\u0022color: #000080;\u0022\u003e\u003cem\u003e\u003cstrong\u003eN-New systems such as Unmanned Aircraft Systems-Drone\u003c/strong\u003e\u003c/em\u003e\u003c/span\u003e\u003c/span\u003e\u003c/p\u003e\u003cul\u003e\u003cli\u003eUnmanned Aircraft Systems (UAS), also known as drones, offer tremendous benefits to almost all sectors of the economy and can become an important propeller for growth due to their reach, versatility, and ease of use, especially in India’s remote and inaccessible areas.\u003c/li\u003e\u003cli\u003eThus, government has liberalized drone rules 2021 on August 2021 and released PLI scheme for drones on 15 September 2021. \u003cbr /\u003eG- Growth of Aviation Industry through strategic Disinvestment-Air India\u003c/li\u003e\u003cli\u003eThe process for disinvestment of Air India and its subsidiaries commenced in June 2017with the ‘in-principle’ approval of Cabinet Committee on Economic Affairs.\u003c/li\u003e\u003cli\u003eCCEA also approved creation of an Air India Specific Alternative Mechanism (AISAM) for the disinvestment process.\u003c/li\u003e\u003cli\u003eThe AISAM decided the strategic disinvestment of 100percent stake of Government of India in Air India along with 100percent stake in Air India Express Ltd and 50percent stake in Air India SATS (joint venture between Air India (AI) and Singapore Airport Terminal Services (SATS).\u003c/li\u003e\u003cli\u003eSubsequently, M/s Talace Pvt Ltd, a wholly owned subsidiary of M/s Tata Sons Pvt. Ltd which was the highest bidder was awarded 100percent equity shareholding in Air India along with equity shareholding of Air India in Air India Express Ltd. (AIXL) and AISATS.\u003cbr /\u003eS- Scheme UDAN\u003c/li\u003e\u003cli\u003eUDAN is a regional connectivity scheme spearheaded by the Government of India (GoI). The full form of UDAN is ‘Ude Desh ka Aam Nagarik’ and aims to develop smaller regional airports to allow common citizens easier access to aviation services.\u003c/li\u003e\u003cli\u003eThe Civil Aviation Ministry has set a target of operationalizing as many as 100 unserved and underserved airports and starting at least 1,000 air routes.\u003c/li\u003e\u003cli\u003eThe GoI has acknowledged the contribution of the scheme and has identified 21st October as UDAN Day, the day on which the scheme document was first released.\u003c/li\u003e\u003cli\u003eThe Civil Aviation Ministry has approved 78 new routes under the 4th round of Regional Connectivity Scheme UDAN. So far, 766 routes have been sanctioned under the UDAN scheme.\u003c/li\u003e\u003c/ul\u003e\u003cp\u003e\u003cspan style=\u0022text-decoration: underline;\u0022\u003e\u003cspan style=\u0022color: #000080;\u0022\u003e\u003cem\u003e\u003cstrong\u003eT-To Roll out Vaccination Programme for all\u003c/strong\u003e\u003c/em\u003e\u003c/span\u003e\u003c/span\u003e\u003c/p\u003e\u003cul\u003e\u003cli\u003eThe risk of infection spreading on airplanes is lower if Covid-19 protocols, including vaccination, are adhered to be sure that airlines need to ensure that their staff, particularly pilots and cabin crew, are fully vaccinated, for their own protection as well as for the safety of passengers.\u003c/li\u003e\u003cli\u003eSo Government Of India Rolled Vaccine for all Programme so that increasing coronavirus vaccinations around the globe will allow to lower barriers to entry for visitors and re-entry for residents returning home\u003c/li\u003e\u003c/ul\u003e\u003cp\u003e\u003cspan style=\u0022text-decoration: underline;\u0022\u003e\u003cspan style=\u0022color: #000080;\u0022\u003e\u003cem\u003e\u003cstrong\u003eO-Opportunity of Employment\u003c/strong\u003e\u003c/em\u003e\u003c/span\u003e\u003c/span\u003e\u003cbr /\u003eThe domestic aviation sector is projected to employ nearly four million people in two decades, driven by improved economic activities and labour productivity, says a study instituted by the Civil Aviation Ministry. While emphasising the need for having skill development programmes across various levels in the sector, the study has suggested setting up of the National Civil Aviation Training Entity (NCATE).\u003c/p\u003e\u003cp\u003e\u003cspan style=\u0022text-decoration: underline;\u0022\u003e\u003cem\u003e\u003cspan style=\u0022color: #000080;\u0022\u003e\u003cstrong\u003eF-Focus on Green Schemes\u003c/strong\u003e\u003c/span\u003e\u003c/em\u003e\u003c/span\u003e\u003c/p\u003e\u003cul\u003e\u003cli\u003eUnder Union Budget 2021-22, the Indian government expanded the scope for ‘Krishi Udaan’ in convergence with Operation Green Scheme, wherein air freight subsidy of 50% for Agri-perishables would be provided to North East states and 4 Himalayan states/UTs.\u003c/li\u003e\u003cli\u003eThe expansion of product-coverage will boost the ‘Krishi Udaan’ scheme and improve air cargo transportation from these states.\u003cbr /\u003eL-Leasing out Airports on Public Private Partnership (PPP) Model \u003cbr /\u003e6(six) Select airports \u0026#8211; Varanasi, Amritsar, Bhubaneswar, Raipur, lndore and Trichy along with 7 (seven) smaller airports have been recommended by AAI Board for leasing out on PPP model.\u003c/li\u003e\u003cli\u003ePublic-private partnerships involve collaboration between a government agency and a private-sector company that can be used to finance, build, and operate projects, such as public transportation networks, parks, and convention centers\u003c/li\u003e\u003c/ul\u003e\u003cp\u003e\u003cspan style=\u0022text-decoration: underline;\u0022\u003e\u003cem\u003e\u003cspan style=\u0022color: #000080;\u0022\u003e\u003cstrong\u003eY- Year on Year Analysis –\u003c/strong\u003e\u003c/span\u003e\u003c/em\u003e\u003c/span\u003e\u003cbr /\u003eWith Year-on-Year Analysis Government can track the growth of the Aviation Industry also adopt cost control steps which can revive the debt grown sector into profitable one\u003c/p\u003e\u003cp\u003e\u003cspan style=\u0022text-decoration: underline;\u0022\u003e\u003cspan style=\u0022color: #000080;\u0022\u003e\u003cstrong\u003eનિષ્કર્ષ\u003c/strong\u003e\u003c/span\u003e\u003c/span\u003e\u003cbr /\u003eThus with Market experts being Bullish on the Indian Aviation Market and the WINGS TO FLY approach of Government we India is expected to overtake UK and become the third largest air passenger market by 2024. The policy reforms will therefore catalyse super-normal growth in the sector. A resurgence of the sector is foreseen as a result of swift measures adopted by the government and industry.\u003c/p\u003e\u003c/div\u003e\u003c/div\u003e\u003c/div\u003e\u003c/div\u003e\u003c/div\u003e\u003c/section\u003e\u003c/div\u003e","protected":false},"excerpt":{"rendered":"\u003cp\u003eThe Indian Aviation Sector Rebounds despite of all Critical Challenges which includes the Pandemic, and the Industry gets its breakthrough from the turbulence of Pandemic Covid 19 after the successful Vaccine Roll out and the travel Restrictions are eased globally. Governments WINGS TO FLY Strategy will help India revive its Aviation Industry. Before we discuss … \u003ca title=\u0022Indian Aviation Breakthrough Challenges\u0022 class=\u0022read-more\u0022 href=\u0022https://www.5paisa.com/gujarati/finschool/indian-aviation-breakthrough-challenges/\u0022 aria-label=\u0022Read more about Indian Aviation Breakthrough Challenges\u0022\u003eRead more\u003c/a\u003e\u003c/p\u003e","protected":false},"author":1,"featured_media":27033,"comment_status":"બંધ છે","ping_status":"ખોલો","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[17],"tags":[],"class_list":["post-21987","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-whats-brewing"],"acf":[],"_links":{"self":[{"href":"https://www.5paisa.com/finschool/wp-json/wp/v2/posts/21987","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https://www.5paisa.com/finschool/wp-json/wp/v2/posts"}],"about":[{"href":"https://www.5paisa.com/finschool/wp-json/wp/v2/types/post"}],"author":[{"embeddable":true,"href":"https://www.5paisa.com/finschool/wp-json/wp/v2/users/1"}],"replies":[{"embeddable":true,"href":"https://www.5paisa.com/finschool/wp-json/wp/v2/comments?post=21987"}],"version-history":[{"count":14,"href":"https://www.5paisa.com/finschool/wp-json/wp/v2/posts/21987/revisions"}],"predecessor-version":[{"id":68312,"href":"https://www.5paisa.com/finschool/wp-json/wp/v2/posts/21987/revisions/68312"}],"wp:featuredmedia":[{"embeddable":true,"href":"https://www.5paisa.com/finschool/wp-json/wp/v2/media/27033"}],"wp:attachment":[{"href":"https://www.5paisa.com/finschool/wp-json/wp/v2/media?parent=21987"}],"wp:term":[{"taxonomy":"શ્રેણી","embeddable":true,"href":"https://www.5paisa.com/finschool/wp-json/wp/v2/categories?post=21987"},{"taxonomy":"પોસ્ટ_ટૅગ","embeddable":true,"href":"https://www.5paisa.com/finschool/wp-json/wp/v2/tags?post=21987"}],"curies":[{"name":"wp","href":"https://api.w.org/{rel}","templated":true}]}}