Tuesday, 25 October 2016

Pilot Growth in India

Asia is leading the world in economic growth. Asia’s large population along with its robust economy is creating a large demand for air travel. Air travel was once a luxury industry, but now it is an essential industry; the entire economy of the world depends upon it.

India will lead Asia, and the world in growth. Currently, India is the 9th largest aviation market in the world. By 2020, it is estimated India will be the 3rd largest, and even possibly the world’s largest by 2030. India’s aviation industry experienced a 25% growth from 2014 to 2015. The aviation industry is expected to grow 9% per annum for the next 20 years. After several years of losses, the airlines in India are again making profits.

http://hmaviation.net/wp/


It is estimated 216,000 pilots will be required for Asia alone over the next 20 years. Airbus estimates during the same period 33,070 new aircraft will be delivered at a value of $5.2 trillion. Boeing estimates 38,050 new aircraft at a value of $5.6 trillion; 40% of these deliveries are expected for Asia.

There has never been growth like this in the Asian aviation industry, and there have never been more career opportunities. Now is the perfect time to start a career in aviation!