It may be noted that in the last two years many a
new airlines have come to the fore in a huge way and many huge
industries have declared their wishes to enter into this industry.
Another major leap was the open sky policy of Government of India
permitting the existing private airlines in India to fly to foreign
destinations. It does require a special mention that with such
expansions planned by major aviation companies and new companies formed
there is a vast manpower requirement. Qualified manpower is in huge
abundance in India but they need a proper direction to capitalise on
this surge in industry. When the human resources needed by these
companies were less in number, it was easy to tap from a huge HR bank
but when the demand for such HR increased they are finding it extremely
difficult to maintain the quality of HR selected for these jobs
especially when more and more foreign airlines are flying into India
offering high salary packages forcing the better of HR to go with these
companies.
It is important to mention here that Indian aviation industry grew by
20% second only to BPO industry in services sector and then comes the
concept of no frills airline the market for which is growing vastly.
Many no frills airline have already announced their plans to start
services to India a few of them are Nok Air, Air Asia-Thailand, Air
Arabia etc.
The boom in the aviation sector in India can be gauged by the fact that
in one year, the number of people seeking pilot licenses and airhostess
training has multiplied three times. In April 2005, it was 300. In
April 2006, the number rose to 1045. The civil aviation industry is
booming. Indian airlines placed orders for over 400 aircraft worth a
whopping $30 billion for its operational requirements. That shows a
requirement of 5600 pilots, 19000 airhostess or cabin crew, 24000
technicians, 36000 ground handling crew and various other related
vacancies.
And these aviation industry vacancies are all fresh vacancies without
including vacancies that may come up in the existing aircrafts.
Also the pay packages offered by the various Indian airlines have also
seen an upward trend due to very few number of trained pilots and cabin
crew availability. Hence there is an opportunity for you.
Indian Aviation is witnessing a mushrooming of new airlines
especially low cost carriers. Besides the existing Air Deccan, newly
launched Spicejet and value airline Kingfisher Airlines, there are
Indus Airways, Air One, East West Airlines, Go Airways, Magic Air and
Crystal Air who are getting ready to fly Indian sky soon. India is to
see the launch of at least 14 such airlines. Low cost start-up carrier
IndiGo had stunned the aviation industry by placing orders for 100
aircraft at a list price of over $6 billion last year.
It is anyone's guess as to Human Resource Requirements, especially
pilots, airhosess, flight attendants and other cabin crew, that are
going to come up in the Aviation Sector. Demand is much above the
number of people acquiring training for the same. Jet Airways along
with Sahara India has about 47 percent share of the domestic aviation
market, followed by Indian Airlines (28 per cent), Air Deccan (11 per
cent), Kingfisher (6 per cent) and SpiceJet (5 per cent) as on
October2006.
Jet Airways tops the list of domestic and national carrier operators
with 8,168 flights operating till June 2005. Indian Airlines ranks
second with 7,562 flights, followed by Sahara (3,225 flights), Air
Deccan (2,889 flights), Spice Jet (483 flights) and Kingfisher Airlines
(267 flights).
The sudden boom in Indian aviation has caught even the normally market
savvy global aerospace manufacturers unawares. Recently, both Boeing
and Airbus said they had underestimated Indian growth. This means
global players are also coming into the scene.
It wasn't surprising since statistics compiled by Airbus Industrie
showed that Indian carriers accounted for 327 out of the 2,140 firm
orders for new aircraft that were placed with it and rival Boeing in
2005. This does not take into account the orders placed for smaller
airplanes with other manufacturers like ATR and Dassault - which, too,
are flooded with offers from private Indian carriers.
The Brazilian aircraft manufacturer, Embraer, is bullish on the
prospects in the Indian market. Their forecast is that between 2006 and
2010, the demand for 30-120-seater planes in India would be around 165,
which is about 40 per cent of the demand of the Asia-Pacific region.
The value of these aircraft would be around $4 billion. They feel that
a majority of the aircraft required will be in the 61-120-seat capacity
segment. 70 per cent of these would be required for market growth while
there would be a small demand for replacement.
Globalysis Ltd.forecasts growth in India's aviation market, to be one
of the fastest growing in the world, for the years 2007-2008. The
Globalysis research report forecasts growth in India's aviation market
of approximately 28% in 2007 and 24% in 2008, for a total of
approximately 52 million passengers being carried in 2008.
From the above given facts this is the right time to invest in a
business opportunity and anyone with cash and liquidity can go in for
the kill.
Article Source: http://
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