Aviation Industry Analysis

Aviation Industry

India & International

Overview of the Industry

Aviation

Civil Aviation

Military Aviation

Growth over last 20 years

Source: Indian Aviation Industry Report, “Through Turbulent Times, FDI relaxation alone not a game changer”, ICRA, March 2012

Present Trends

• Aviation Industry is growing at a rate of about 9.3% globally • At 18% per annum growth rate, Indian aviation industry is one of the fastest growing aviation industries • Air travel penetration in India is among the lowest in the world • With the legislation to allow 49% FDI in aviation in India, many JVs are in the pipeline

Future Trends

• International passenger numbers are expected to grow from 1.11 billion in 2011 to 1.45 billion passengers in 2016 • By 2016, Kazakhstan will experience the fastest growth rate at 22.5% CAGR, adding 3.9 million passengers to the 2.2 million in 2011. India will have the second highest growth rate at 13.1% CAGR, adding 49.3 million new passengers. • By 2016 the five largest markets for domestic passengers will be the United States (710.2 million), China (415 million), Brazil (118.9 million), India (107.2 million), and Japan (93.2 million)

Players’ Profile (Domestic)

Airline

Parent Company Category Sector Revenue Tagline/ Slogan

IndiGo InterGlobe Enterprises Indian domestic sector Airlines US$1.4 bn

Go IndiGo

Jet Airways

Tailwinds Limited Indian domestic sector Airlines US$2.6 bn The Joy of Flying

Air India

Air India Limited International Airlines Rs 16,130 cr Your Palace in the Sky

Spice Jet

Spice Jet Indian domestic sector Airlines US$731.46 mn Flying for everyone; Get More When You Fly Lowest Price Cost Conscious Passengers Lower Middle Class / Middle Class Low Cost No Frills

Go Air

Wadia Group Indian domestic sector Airlines US$20 million Fly Smart

USP

On Time Performance, Lowest Price

Cost Conscious Passengers Lower Middle Class / Middle Class Low Cost No Frills

Premium Airline, High Class...