The Indian tour and travel sector is poised for robust 12-14% growth in the current and upcoming fiscal years. The growth, despite high airfares, shows cost doesn’t matter when it comes to travelling.
A notable increase in both international and domestic air travel reflects positive trends in the country's aviation industry. This should stem the worry of those who fear a decline within the industry.
The issue of long wait times for U.S. visas, particularly for Indian applicants, stands out amidst the overall increase in U.S. visa applications and issuances.
After Thailand and Sri Lanka, Vietnam is now keen to offer visa-free entry to Indians, a testament to the growing global recognition of India as a powerful force in outbound travel.
The most important airshow in the Middle East will see airlines from the UAE and Saudi Arabia trying to grab the best aircraft delivery slots for their growth plans. Airlines from India will also be there to do business.
As Go First’s operations remain suspended and financially-troubled SpiceJet’s schedule shrinks, Indigo and Air India will shoulder the bulk of responsibilities in the Indian aviation industry.