Indian aviation market to be ‘very large’ by FY30; to accommodate both Indian, Middle East carriers: CAPA Advisory

The impact on competition from the Gulf airlines has been a key concern for Indian carriers but as the market is expected to be very large by the financial year 2030, it can accommodate Indian as well as Middle Eastern carriers without strategic conflicts, CAPA Advisory said on Thursday. In a post-webinar presentation, CAPA Advisory projected that by 2029-30 India’s international traffic is estimated to increase by 50-60 million annual passengers from pre-COVID levels to reach 115-125 million.