in
Adani Airports
9
Airports
1
Country
6
Reports
Login/Register
Incredible India: Privatizations Move Forward Amid Pandemic
Kevin Rozario
London
March 27, 2021
The slogan Incredible India has been used very successfully by the country’s tourism authority for almost two decades, but it is also apt for the aviation sector just now. At a time when aviation deals in much of the rest of the world have dried up, there is still buoyancy in the Indian market – and a likely step up in activity in the coming 12 months.
Despite a high death toll of 163,000 (to March 31) and a second spike in cases of Covid-19, India’s huge domestic travel market makes it a contender for a faster traffic bounce-back. Especially when compared with markets in Europe for example, which are heavily dependent on international traffic.
Analysis of IATA data from global consultancy Bain puts India second after China among G20 nations in terms of passenger recovery by July 2022 (see chart below).
Using 2019 as a baseline, India’s rebound will be a healthy 97%, and China’s 106%. Meanwhile the EU and UK are expected to languish at 74% and 72% respectively, and the US at 79%. India is also ahead of powerful economies in Asia Pacific such as Japan (81%) and South Korea (88%).
Subscriber-only content. You must be signed in and have a subscription plan to view this information.
Not a member of airportIR?
Subscribers receive access to value-added content including the latest Deal Pipeline intel, in-depth feature articles and analysis, operator/investor profiles, industry insights, reports and much more.
What's Included
- In-depth deal pipeline content
- Feature articles and analysis
- Detailed operator/investor profiles
- Industry insights, reports and much more
Lorem ipsum dolor sit amet, consectetur adipiscing elit. Proin faucibus arcu et sem dapibus, faucibus viverra ex semper. Sed maximus urna quis lectus porta gravida. Sed enim sem, ullamcorper at tempor et, tincidunt eget purus. Etiam vitae iaculis dolor. Etiam commodo tempus turpis. Integer ac nunc ac leo facilisis tempus. Pellentesque quis sagittis diam. Fusce congue pulvinar interdum. Curabitur porta libero enim, ullamcorper condimentum diam accumsan quis. In tempor egestas risus, id congue nibh cursus in. Cras sollicitudin fermentum orci et eleifend.
Nam eget imperdiet risus, at luctus nulla. Nullam porttitor, est quis viverra fringilla, ipsum velit tincidunt massa, vel egestas lacus velit eget mauris. Proin finibus condimentum tellus, in commodo felis dapibus a. Curabitur luctus et sapien a dapibus. Mauris faucibus dapibus justo vitae varius. Proin quis mauris eros. Curabitur tincidunt feugiat dignissim.
Lorem ipsum dolor sit amet, consectetur adipiscing elit. Proin faucibus arcu et sem dapibus, faucibus viverra ex semper. Sed maximus urna quis lectus porta gravida. Sed enim sem, ullamcorper at tempor et, tincidunt eget purus. Etiam vitae iaculis dolor. Etiam commodo tempus turpis. Integer ac nunc ac leo facilisis tempus.
