Still The Sunrise Industry, But Needs Attention
The aviation industry was badly hit during the pandemic. From international flights to domestic ones, every flight were in hangar or standing in the runway. Many airline professionals lost their job; many were kept on bench without any salary. But as the economies open up with countries unlocking, aviation industry is taking off too and the demand for expert professionals and freshers are picking up pace.
According to Statistica, the size of the global civil aviation market was around $4.3 billion in 2020, while Grand View Research predicts that the global light simulator market size will be $6.4 billion by 2027, expanding at a CAGR of 4.2 percent. Another research reveals that the Indian Aviation industry is the third largest domestic aviation market in the world which is expected to become the third largest air passenger market by 2024. So what makes India a lucrative aviation industry is the growing young population that love flying and can afford it. With several initiatives by the government of India to boost the aviation industry and its mission to make it affordable for every Indian even who wears hawai chappal to fly one day, the market opportunity is vast.
There are many young who are looking forward to leverage this opportunity and if you are one of them or someone in your family is wishing to be in the airlines industry, our current edition of siliconindia Education Magazine will help you with it. We curated the list `10 Most Promising Aviation Training Institutes 2020' and bring to you their stories, programs, expertise and uniqueness. Read to know more about them.
Do let us know what you think!
According to Statistica, the size of the global civil aviation market was around $4.3 billion in 2020, while Grand View Research predicts that the global light simulator market size will be $6.4 billion by 2027, expanding at a CAGR of 4.2 percent. Another research reveals that the Indian Aviation industry is the third largest domestic aviation market in the world which is expected to become the third largest air passenger market by 2024. So what makes India a lucrative aviation industry is the growing young population that love flying and can afford it. With several initiatives by the government of India to boost the aviation industry and its mission to make it affordable for every Indian even who wears hawai chappal to fly one day, the market opportunity is vast.
There are many young who are looking forward to leverage this opportunity and if you are one of them or someone in your family is wishing to be in the airlines industry, our current edition of siliconindia Education Magazine will help you with it. We curated the list `10 Most Promising Aviation Training Institutes 2020' and bring to you their stories, programs, expertise and uniqueness. Read to know more about them.
Do let us know what you think!