{"id":5860,"date":"2018-02-17T23:04:39","date_gmt":"2018-02-17T23:04:39","guid":{"rendered":"http:\/\/www.thejetboy.com\/?p=5860"},"modified":"2018-02-17T23:04:39","modified_gmt":"2018-02-17T23:04:39","slug":"indias-udan-with-more-electric-aircraft","status":"publish","type":"post","link":"https:\/\/thejetboy.com\/indias-udan-with-more-electric-aircraft\/","title":{"rendered":"India’s “UDAN” with “More Electric Aircraft”…"},"content":{"rendered":"
The civil aviation industry in India is slated to become the 3rd largest aviation market in the world by 2026 and has been one of its fastest growing industries over the last three years. With the UDAN (Ude Desh Ka Aam Nagrik) initiative in place to boost regional air transportation, the government further aims to boost civil aviation in India and get 480 million flyers by 2036. With an estimated investment of $25 billion in the next decade in the airport sector, a demand for 900+ aircraft and traffic growth of about 13 percent. It’s time for the Indian government to start pressing for more environment-friendly and innovative\u00a0solutions to support its expansion plans.<\/p>\n
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The government aims to enhance connectivity of remote communities to their\u00a0regional\u00a0centers and bringing regional centers closer to national centers via air transportation. However, in a low-income country like India, the cost of air travel makes it virtually inaccessible to the common public. Consequently, the government has capped the fare of an hours flight time at 2,500 rupees. As per the scheme, the Central government\u00a0will subsidize the losses incurred by airlines flying out of dormant airports and give them\u00a0exclusive flying rights on the selected routes for a certain period of time. While it may sound like a good idea, such subsidiary based growth projects are only feasible in the short run and must eventually\u00a0pave way for organic growth and reduction of airfares.<\/p>\n