New Delhi: The Economic Survey for 2015-16 said India’s aviation sector, like other infrastructure sectors, has shown robust growth with increased private participation under Public-Private Partnership (PPP), development of greenfield airports, restructuring and modernisation of airports, FDI in domestic airlines, increase in number of Low Cost Carriers (LCCs) and emphasis on regional connectivity.
The Survey points out that there has been strong growth in traffic at Indian airports during 2015-16 with domestic travel increasing by 20% and international traffic by 7.8% during April-November 2015 from the corresponding period a year ago. On the other hand, international cargo throughput increased by 5.8 % and domestic by 6.1 % in April-November 2015 as compared to the corresponding period of the previous year.
The Economic Survey said airport infrastructure during 2015-16 was developed by the Airport Authority of India (AAI) of Kadapah Airport, the New Civil Air Terminal at Chandigarh (Mohali side) and the New Integrated Terminal building at Tirupati Airport with apron and associated works.
To Read the News in Full 27/02/16 Financial Express
The Survey points out that there has been strong growth in traffic at Indian airports during 2015-16 with domestic travel increasing by 20% and international traffic by 7.8% during April-November 2015 from the corresponding period a year ago. On the other hand, international cargo throughput increased by 5.8 % and domestic by 6.1 % in April-November 2015 as compared to the corresponding period of the previous year.
The Economic Survey said airport infrastructure during 2015-16 was developed by the Airport Authority of India (AAI) of Kadapah Airport, the New Civil Air Terminal at Chandigarh (Mohali side) and the New Integrated Terminal building at Tirupati Airport with apron and associated works.
To Read the News in Full 27/02/16 Financial Express
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