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Airports 2013 MARCH - IBEF · PDF fileFDI in aviation for foreign carriers ... Evolution of the Indian aviation sector Source: Airports Authority of India, ... Airports Market Share

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  • 1 1 For updated information, please visit www.ibef.org

    Airports MARCH

    2013

  • 2 2

    Contents

    Advantage India

    Market overview and trends

    Growth drivers

    Success stories: Delhi, Mumbai

    Opportunities

    Useful information

    For updated information, please visit www.ibef.org

    Airports MARCH

    2013

  • 3 3

    Airports

    For updated information, please visit www.ibef.org ADVANTAGE INDIA

    Advantage India

    MARCH

    2013

    Advantage India

    Growth in passenger traffic likely to go up as incomes rise and more tourists flow in

    Freight traffic also likely to go up as

    trade with the rest of the world increases

    Growth in aviation accentuating demand for MRO facilities

    Bright prospects due to location advantage; there is no MRO facility within a five - hour fly zone of the country

    By 2020, MRO industry is likely

    to touch USD1.5 billion

    USD11.4 billion worth of investments in airports infrastructure likely under the Twelfth Five Year Plan (2012-17)

    Growing private sector participation through the Public-Private Partnership (PPP) route

    The government has been encouraging private sector participation

    Tax incentives for developers; liberalisation of the aviation sector - Open Sky Policy

    Government has allowed 49 per cent FDI in aviation for foreign carriers

    No of operational airports: 125

    2012

    No of operational airports: 50

    2000

    Source: Ministry of Civil Aviation, Aranca Research Notes: FDI - Foreign direct investment,

    MRO - Maintenance, repair and overhaul

    Growing demand Opportunities in MRO

    Increasing investments Policy support

  • 4 4

    Contents

    Advantage India

    Market overview and trends

    Growth drivers

    Success stories: Delhi, Mumbai

    Opportunities

    Useful information

    For updated information, please visit www.ibef.org

    Airports MARCH

    2013

  • 5 5 For updated information, please visit www.ibef.org MARKET OVERVIEW AND TRENDS

    Evolution of the Indian aviation sector

    Source: Airports Authority of India, Planning Commission, Ministry of Statistics and Programme Implementation, Aranca Research Notes: * - data for FY10(P), ** - data for financial year and not calendar year;

    FY - Indian financial year (April - March), mn km - million kilometers

    Airports

    India is the 9th largest civil aviation market in the world India is ranked 4th in domestic passenger volumes (45.3 million*) Indias civil aviation market is set to become the worlds 3rd largest by 2020

    Scheduled airlines: distance flown (mn km)

    Non-scheduled airlines in operation

    Number of aircraft

    Passenger handling capacity at airports

    Number of operational airports

    50

    66 million

    225

    39

    199**

    125

    233 million

    1188

    136

    762

    2000

    2011-12

    (2011)

    (2011)

    (2012)

    (2012)

    (2012)

    MARCH

    2013

  • 6 6 For updated information, please visit www.ibef.org

    India has 136 airports, 128 of which are owned by AAI

    Source: Airports Authority of India - 2011, Aranca Research Note: AAI - Airports Authority of India, JV - Joint venture

    MARKET OVERVIEW AND TRENDS

    Airports

    Airports in India (136)

    AAI managed (128)

    Non-AAI (8)

    International, including JVs

    (14)

    Others

    Civil enclaves (25)

    Customs airports (8)

    Domestic airports (81)

    Airports Authority of India (AAI) was -

    Established in 1994 under the Airports Authority Act

    Responsible for developing, financing, operating, and maintaining all government airports

    The Aircraft Act (1934) governs remaining airports

    Activity in AAI airports-shares (%)

    Basic Facts 84%

    96%

    79%

    16%

    4%

    21%

    Passenger traffic

    Freight traffic

    Aircraft movement

    International airports Others

    MARCH

    2013

  • 7 7 For updated information, please visit www.ibef.org

    Six major airlines operate in the country

    Note: All statistics are for the month of September 2012 as published by Directorate General of Civil Aviation

    MARKET OVERVIEW AND TRENDS

    Airports

    Market Share (%) Flight Occupancy Rate (%)

    23.8 (combined) 63.5 (Jet)

    66.1 (Jet Lite)

    27.2 69.0

    19.3 65.2

    18.5 64.4

    7.6 67.7

    3.5 58.4

    MARCH

    2013

  • 8 8 For updated information, please visit www.ibef.org MARKET OVERVIEW AND TRENDS

    Airports

    Source: AAI, Aranca Research Note: FY - Indian financial year (April - March); FY12* - April 2011 - February 2012

    Mumbai Passenger traffic

    handled in FY12*: 28.2 million

    Kolkata Passenger traffic handled

    in FY12*: 9.5 million

    Chennai Passenger traffic handled

    in FY12*: 11.9 million

    Delhi

    Passenger traffic handled in FY12*: 32.8

    million

    Bengaluru Passenger traffic

    handled in FY12*: 11.8 million

    Hyderabad Passenger traffic handled

    in FY12*: 7.8 million

    MARCH

    2013

    The six major airports in the country

  • 9 9 For updated information, please visit www.ibef.org

    Passenger traffic has experienced healthy growth (1/2)

    MARKET OVERVIEW AND TRENDS

    Total passenger traffic stood at a record 162.6 million (provisional) in FY12

    FY12 has recorded 13.4 per cent growth in passenger traffic, outpacing other segments

    Growth in passenger traffic has been strong since the new millennium, especially with rising incomes and low-cost aviation; over FY06-12, passenger traffic expanded at a CAGR of 14.2 per cent

    Notes: CAGR - Compound Annual Growth Rate FY - Indian financial year (April - March)

    Airports

    Passenger traffic moves up to 162.6 million in FY12

    Source: Ministry of Civil Aviation, Aranca Research, Note: * - Provisional data for FY12

    73.3

    96.4

    116.9 108.9

    123.7 143.4

    162.6

    -10

    0

    10

    20

    30

    40

    0

    40

    80

    120

    160

    200

    FY06 FY07 FY08 FY09 FY10 FY11 FY12*

    Passenger traffic (in millions) Growth (%) - right axis

    MARCH

    2013

  • 10 10 For updated information, please visit www.ibef.org

    Passenger traffic has experienced healthy growth (2/2)

    MARKET OVERVIEW AND TRENDS

    Growth in domestic passenger traffic has been robust

    Source: Airports Authority of India, Ministry of Civil Aviation, Aranca Research

    Notes: * - FY12 data is provisional YoY - Year on Year

    Airports

    Growth in passenger traffic set to remain strong in future

    26 71

    122

    209

    14 26

    41

    60

    0

    50

    100

    150

    200

    250

    300

    FY02 FY07 FY12 FY17EInternational Passenger Throughput International (million)

    Domestic Passenger Throughput Domestic (million)

    10th Plan Period

    11th Plan Period

    12th Plan Period

    MARCH

    2013

    Domestic passenger traffic expanded at a CAGR of 15.7 per cent over FY06-12; by FY17 domestic passenger traffic is expected to touch 209 million

    International passenger traffic posted a CAGR of 10.5 per cent over FY06-12 and is set to touch 60 million by FY17

    During FY12, domestic passenger traffic grew 15.7 per cent, while international passenger traffic expanded 7.2 per cent

    51.0 70.6

    87.1 77.3 89.4 105.5

    122.0 22.3

    25.8 29.8

    31.6 34.4

    37.9 40.6

    -20

    -10

    0

    10

    20

    30

    40

    50

    0

    50

    100

    150

    200

    FY06 FY07 FY08 FY09 FY10 FY11 FY12*

    International (million, left axis) Domestic (million, left axis)

    Growth - domestic (%) Growth - international (%)

  • 11 11 For updated information, please visit www.ibef.org

    Freight traffic has also logged steady growth (1/2)

    MARKET OVERVIEW AND TRENDS

    Airports

    Total freight traffic registered a CAGR of 8.3 per cent over FY06-12; it stood at 2.26 million tonnes in FY12

    Freight traffic is expected to be 5 times the current level by the end of the next two decades

    Freight traffic (million tonnes)

    Source: Airports Authority of India, Aranca Research Notes: * - Data for FY12 is provisional

    Source: Planning Commission Notes: CAGR - Compound annual growth Rate,

    FY - Indian financial year (April - March),

    1.40 1.55 1.72 1.70

    1.96

    2.34 2.26

    -12

    -7

    -2

    3

    8

    13

    18

    23

    0

    1

    2

    3

    FY06 FY07 FY08 FY09 FY10 FY11 FY12*

    Freight traffic handled (million tonnes)

    Growth (%) - right axis

    MARCH

    2013

  • 12 12 For updated information, please visit www.ibef.org

    Freight traffic has also logged steady growth (2/2)

    MARKET OVERVIEW AND TRENDS

    Airports

    Domestic freight traffic increased at a CAGR of 8.8 per cent over FY06-12

    International freight traffic rose 8.5 per cent over the same period

    In FY12, domestic freight traffic was 0.804 million tonnes, while international freight traffic was at 1.494 million tonnes

    International freight traffic was 65% of the total in FY12*

    Source: Airports Authority of India, Aranca Research Notes: * - FY12 data is provisional

    920

    1,023 1,147

    1,149