IATA: India's Aviation Market Will Boom Despite Short-Term Challenges

• IATA chief Willie Walsh sees India as a booming aviation market despite short-term challenges, with current issues deemed temporary.
• India's domestic aviation market is projected to be 32% larger in 2025 than in 2020, driven by rising air traffic demand.
• Indian carriers have over 1,500 planes on order, and significant investments are being made in airport infrastructure.
• Walsh expects increased airport capacity to facilitate new entrants, addressing the current duopolistic market.
• The privatization of Air India is viewed as a positive development for the market.

Why It Matters: India's aviation growth means more travel options and competitive prices.