(a) the salient features of the Vision- 2020 document
prepared for aviation sector;
(b) whether consolidation of Indian aviation sector is
taking place very rapidly;
(c) if so, whether the said documents has been approved by
the Cabinet; and
(d) if so, its likely impact on the fares and passenger
traffic?
MINISTER OF OVERSEAS INDIAN AFFAIRS & MINISTER OF CIVIL AVIATION
( SHRI VAYALAR RAVI )
(a) :- Vision 2020 documents prepared by the Ministry is an
assessment of the overall outlook of the sector in 2020. As
per the vision 2020 prepared by the Ministry, the growth of
aviation sector has potential to absorb upto USD 120 billion
of investment. Fleet size of commercial airlines sector will
be approximately 1000 aircraft, domestic passengers numbers
could reach 150-180 million, Helicopter fleet is expected to
be another 500 air cargo movement is expected to reach the
level of 9 million MT and the sector may have the potential
to absorb 3 million jobs directly by 2020.
(b):- Consolidation of airlines is decided by the concerned
airlines themselves. However, both erstwhile Air India and
Indian Airlines were merged with National Aviation Company
of India Limited (Now renamed as Air India
Limited)w.e.f.01.4.2007. Further, merger of Kingfisher and
Deccan airlines and takeover of Sahara Airlines by Jet
Airways have also taken place.
(c):- No, Madam. However, various issues relevant to the
document are implemented from time to time by following laid
down procedures.
(d):- Airlines tariffs are market determined and takes into
account all relevant factors, including the cost of
operation, characteristics of services etc. Generally
Scheduled airlines offer different fare buckets for each
flight, in line with the practice followed in other parts of
the world. As the lower fare buckets get sold out, the
passengers pay progressively higher fare with the increase
in demand for seats.