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Global Aviation Summit 2019: India may require around 190-200 airports in 2040 - This is how our country will become global hub 

Zee Business , Jan 17, 2019

The two-day Global Aviation Summit 2019, which concluded in Mumbai on Wednesday, launched its vision document to "chart out" a roadmap to make India a "global hub" for the aviation sector. According to the document, while most of the airports' passenger capacity will saturate in the next 15 years, India will have to nearly double the count from 99 to 200. "In leading regions like Delhi and Mumbai, even the second airports are likely to be saturated by 2040, and will require a third airport. Overall, India may require around 190-200 airports in 2040," the document said.

Launching the vision document, Union Minister for Civil Aviation Suresh Prabhu said the document will "chart out" a roadmap to achieve the objectives to make India a "global hub" for the aviation sector.

According to the document, India will need 200 airports and an investment of $40-50 billion to handle at least 1.1 billion passengers flying to, from and within the country. It further said, "The projected passenger traffic (to, from and within India) for FY 2040 is 1.1 billion. This comprises around 821 million domestic passengers and around 303 million international passengers (to and from India). This is over six times the 187 million traffic recorded in FY 2018."

The document laid out that India will have to "holistically" develop airports having all stakeholders on board.

In the valedictory session of the summit on Wednesday, Maharashtra Governor Vidyasagar Rao said the global aviation industry is ushering in an era of rapid expansion, adding "The civil aviation ministry anticipates that in the next two decades, air passenger traffic in India will grow to 1.12 billion passengers per year from the current 187 million passengers."

Noting that tourism and aviation industries can complement each other and create numerous opportunities for employment and income generation for people, Rao emphasised the need to intensify the search for alternative fuels. He said that shift from jet fuel to biofuels in future will help reduce aviation emissions.

He also suggested that the Global Aviation Summit can be held annually and that Maharashtra could be the permanent venue for the event.

Meanwhile, Union Civil Aviation Minister Suresh Prabhu appealed to the stakeholders to take it as a collective responsibility to fulfill the ambition of everybody to fly.

The key points of the Vision document 2040 doc are:
  1. India will require 200 airports and a financial commitment of $40-50 billion to handle at minimum 1.1 billion passengers flying to, from and within the country.
  2. Passenger targeted traffic (to, from and in India) for FY 2040 would be 1.1 billion.
  3. Most of the airports’ passenger potential will saturate in 15 years and India will have to practically double the count from 99 to 200.
  4. Airports in locations like Delhi and Mumbai would also saturate by 2040 and will demand a 3rd airport.
  5. India will have to holistically acquire airports obtaining all stakeholders on board to In purchase to cater to huge passenger visitors.
  6. The scheduled airline fleet will increase from 622, at the stop of March 2018, to 2,360 till March 2040.

 

 

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Event:

 Global Aviation Summit 2019