Indian Aviation – Great Job Opportunity
The aviation industry as one of the most affected after the terrorist attacks in the USA on September 11, 2001, which forced the closure of many renowned airlines such as Swiss Air and American Airlines. It should be noted here that even in these difficult times, the Indian aviation industry, though painstaking, was able to withstand this pressure and grew by leaps and bounds mainly due to the growth of the Indian economy and tourism industry in particular in recent years.
It should be noted that in the past two years, many new airlines have come to the fore in a huge way and many major industries have declared their desire to enter this industry. Another major leap forward was the Government of India’s open skies policy which allows existing private airlines in India to fly to overseas destinations.
It requires special mention that with such expansions being planned by major aviation companies and newly formed companies, there is a huge manpower requirement. Skilled labor is in huge abundance in India but they need proper management to capitalize on this rise in the industry. When the human resources needed by these companies were fewer in number, it was easy to tap into a large human resource pool, but when the demand for such human resources increased, it became extremely difficult for them to maintain the quality of the human resources selected for these jobs, especially when more and more foreign airlines are flying to India offering high salary packages that compel the best of HR to go with these companies.
It is important to mention here that the Indian aviation industry grew by 20%, second only to the BPO industry in the service sector and then comes the no-frills airline concept, whose market is growing tremendously. Many no-frills airlines have already announced their plans to start services to India, some of them are Nok Air, Air Asia-Thailand, Air Arabia, etc.
The rise of the aviation sector in India can be measured by the fact that in one year, the number of people seeking pilot licenses and flight attendant training has tripled. In April 2005, there were 300. In April 2006, the number increased to 1,045. The civil aviation industry is booming. Indian airlines placed orders for more than 400 aircraft worth $30 billion for their operational requirements. That shows a requirement of 5,600 pilots, 19,000 flight attendants or cabin crew, 24,000 technicians, 36,000 ground handling crew, and various other related vacancies.
And these aviation industry vacancies are new vacancies not including vacancies that may arise on existing aircraft.
Furthermore, the pay packages offered by the various Indian airlines have also seen an upward trend due to the very low availability of trained pilots and cabin crew. Therefore, there is an opportunity for you.
Indian aviation is witnessing a proliferation of new airlines, especially low-cost airlines. Apart from Air Deccan, the recently launched Spicejet and the value airline Kingfisher Airlines, there are Indus Airways, Air One, East West Airlines, Go Airways, Magic Air and Crystal Air which are preparing to fly in the Indian skies soon. India will see the launch of at least 14 of these airlines. Low-cost startup IndiGo had surprised the aviation industry by placing orders for 100 planes at a list price of more than $6 billion last year.
Anyone can guess the human resource requirements, especially pilots, flight attendants, flight attendants and other cabin crew, that will arise in the aviation sector. The demand is well above the number of people who acquire training for it. Jet Airways, together with Sahara India, has a 47% share of the domestic aviation market, followed by Indian Airlines (28%), Air Deccan (11%), Kingfisher (6%) and SpiceJet (5%). October 2006.
Jet Airways tops the list of domestic and domestic airline operators with 8,168 operational flights through 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 off guard. Recently, both Boeing and Airbus said they had underestimated Indian growth. This means that global players are also entering the scene.
This was not surprising, as statistics compiled by Airbus Industrie showed that Indian airlines accounted for 327 of the 2,140 firm orders for new aircraft placed with it and rival Boeing in 2005. This does not take into account orders placed for jets. More smalls. with other manufacturers such as ATR and Dassault, who are also inundated with offers from private Indian operators.
Brazilian aircraft manufacturer Embraer is optimistic about the prospects for the Indian market. His forecast is that between 2006 and 2010, the demand for 30-120 seater aircraft in India will be about 165, which is about 40 percent of the demand in the Asia-Pacific region. The value of these planes would be around 4,000 million dollars.
They feel that most of the required aircraft will be in the 61-120 seat capacity segment. 70 percent of these would be needed for market growth, while there would be little demand for replacement.
Globalysis Ltd. forecasts the Indian aviation market to be one of the fastest growing in the world for the years 2007-2008. 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 transported in 2008.
From the above facts, this is the right time to invest in a business opportunity and anyone with cash and liquidity can go in for the kill.