• Wed. Oct 5th, 2022

Airline industry recovers quickly to hit pre-covid daily footfall JS MoCA

ByKimberly A. Brochu

Sep 12, 2022

The airline industry is recovering at a rapid pace and 80-90% are back to pre-pandemic levels,” said Amber Dubey, joint secretary at the Department of Civil Aviation. Economic Summit, organized by the Indo-American Chamber of Commerce.

Dubey said the number of air travelers is poised to hit four lakh a day and growing exponentially after Covid-19, and the launch of 5th generation internet will open new doors of growth for airlines.

According to him, the government is strongly focusing on renting airports and exiting commercial activity and the government will no longer cap flight fares.

Regarding the addition of new planes and airports, he said, India now has seven hundred flights in operation, but it will increase to two thousand in 2030-40. “We are also adding new airports all over the country under the UDAN (Ude Desh ka Aam Nagarik) program and new passengers. However, we have suffered setbacks due to Covid-19, but 10.6 million people still benefited from this program,” he added. .

Apart from the UDAN program, we are also focusing on adding another airport in major cities like Delhi, Mumbai and Vizag and expanding the existing airport in Hyderabad and Bengaluru, Dubey said.

Regarding India-US cooperation, he said that a company from Miami is coming to India to set up simulator flight training centers in Delhi and Mumbai, and we are open to foreign collaboration like no one else.

In his closing remarks, he said that in February the government banned drone imports, but we raised the investment limit to 100%. “We have huge opportunities in this sector to collaborate with the United States. Many Indian companies are already working, but we are also inviting American manufacturing and design companies to come. We will be happy to work with the FAA ( Federal Aviation Administration) on research and development.

Earlier, Minister of Road Transport and Highways Nitin Gadkari opened the event virtually. He said India is one of the fastest growing economies in the world and building new infrastructure will create jobs and opportunities and fulfill the aspiration of a five trillion dollar economy in the near future.