Cheap Domestic Flights: A Smart Choice For Frequent Travellers
India is a huge country both in terms of area and population. With rapid modernization and urbanization, it has created many tier II and tier III cities with domestic airports. A few decades back, domestic flights were hardly present for more than four or five metro towns. The economic boom and emergence of neo middle class has changed the aviation industry thoroughly. With a high disposable income and to live a fast paced life, they needed modern and convenient ways of travelling and domestic airlines are the best suited option for them. In this new background, several airline companies popped up to encash the huge air traffic surge.
Aviation Industry
India’s aviation industry is growing rapidly and it is on the way to become the largest aviation market by the year 2030. Today the country is the ninth-largest civil aviation market in the world with a total market size of $16 billion. With the emergence of low cost airlines, modern airports and ultra modern information technology the goal of being the number 1 aviation market is on the right track. Introduction of Foreign Direct Investment in domestic airlines will further lead to the launch of several new carriers along with operations on many new routes.
Domestic Market
According to recent reports, 20.3 million passengers have travelled in the second quarter of 2015 which was ended on June 30th. In comparison to the last year when the figure was around 17 million, it has registered a staggering 19 percent growth. On a year-on-year basis, both international and domestic passenger traffic grew by 5.3 per cent and 16 percent, respectively. The future of domestic and international aviation industry looks very bright as it is expected to grow at the annual average rate of 12 percent and 8 percent.
Government Initiatives
By looking into the growing demand and huge potential of the aviation sector, the Indian government is focused for a sustainable growth. Construction of new airports, modernisation of existing airports, initiating Public-Private Partnership along with tax benefits and friendly investment atmosphere, it is actively involved in achieving the goal.
Aspiring Young Generation
India is the country that endeavours to satisfy its younger generation and in order to match the speed and requirement of this huge population, the nation needs a vibrant and evolving aviation industry. Cheap domestic flight with better connectivity are required from each and every major cities of the region to cater to this young brigade. The new generation has the power to spend on air travel as it saves their precious time when compared to other modes of transport.
Author Bio:
Traveasy.co.in is one of the prominent travel companies in India that offers end to end solution on any travel-related services. It offers unimaginable deals on domestic & international flights booking. Besides this it provides travel planning services for all across the globe be it leisure tours & travel. For more information about on cheap domestic air tickets please visit on www.traveasy.co.in