Massive opportunities seen in Indian aviation market

THERE are massive opportunities in the vibrant Indian aviation market, said Mr Willie Walsh, Director General of the International Air Transport Association (IATA), on the sidelines of a recent event. He highlighted that there are CEOs of two Indian airlines (Air India’s Campbell Wil-son and IndiGo’s Pieter Elbers) on the Board of Governors of IATA, the first time this has happened. The industry is excited about the fu-ture of aviation in India, he emphasised. He also doubled his forecast for profitability in 2023, predicting a net income of $9.8 billion across the 300 airlines the lobby group represents, as per a report.