Indian aviation market has significant opportunities: IATA chief Willie Walsh
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International Air Transport Association (IATA) -- chief Willie Walsh has said that the Indian civil aviation market has exciting and significant opportunities but taxation has always been an issue which also makes the industry less competitive.
India is seeing a ''much stronger recovery'' than the Asia Pacific region in general but there could be challenges in terms of getting new aircraft and spare parts. While the Indian market has not seen the pace of growth that was seen in China, the potential exists, he said and emphasised that in India, he sees a really exciting market and opportunities.
After being severely impacted by the pandemic, the country's civil aviation sector is on the recovery path. He added ‘When you look at India, I see massive opportunities, the size, population, growing wealth, lack of other alternative infrastructure for travel’. The International Air Transport Association is a global grouping that represents around 300 airlines, including those from India, and its members account for nearly 83 per cent of the global air traffic.
