HomeNewsBusinessStocksAviation industry: Passenger demand to grow by 12-15%, ICRA

Aviation industry: Passenger demand to grow by 12-15%, ICRA

ICRA Ratings has come out with its report on Indian aviation industry. According to the rating agency passenger demand is expected to remain stable and grow between 12-15% in the medium term, assuming a no major weakness in GDP growth going forward.

March 15, 2012 / 15:05 IST

ICRA Ratings has come out with its report on Indian aviation industry. According to the rating agency passenger demand is expected to remain stable and grow between 12-15% in the medium term, assuming a no major weakness in GDP growth going forward.

The Indian Aviation Industry has been going through a turbulent phase over the past several years facing multiple headwinds

first published: Mar 15, 2012 02:42 pm

Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347