Sarthak Jindal’s Post

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Equity Data Analyst @ Morningstar (Pitchbook)| MBA, BBA, Financial Analysis

These are some fascinating facts about the Indian aviation industry that are worth noting. Did you know that in December 2023, domestic air traffic handled 13.8 million passengers? However, what's truly surprising is that more than 90% of the 1.4 billion people in India have never flown in a flight. The Indian aviation industry is set to implement new regulations from June 1, 2024. However, representatives from Air India, Indigo, SpiceJet, and Vistara are all trying to push back this date by a year. The Federation of Indian Airlines has noted that before implementing the new rules, they will require 25% more pilots, which may result in the cancellation of up to 20% of flights daily. It will be interesting to see how the Indian aviation industry manages to attract millions of potential customers while prioritizing the safety and security of passengers and pilots. #indianaviation #boeing #industryanalysis #aircraft #airplane #pilot #airportsafety #airbus

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