India’s aviation industry is rapidly growing as airport operators and airlines increase capacity in response to the pandemic’s spike in travel.
In the top ten cities, airport terminal capacity will increase beginning in the next fiscal year to accommodate an extra 120–125 million people annually. This expansion, which includes additional airports in Noida and Navi Mumbai, is about equal to half of the present capacity.
A new airline, Akasa Air, financed by Rakesh Jhunjhunwala, is about to take flight, and three years after being grounded due to financial difficulties, Jet Airways will be revived under a new owner.
Aside from adding new routes, existing airlines are also growing their fleets.
