The sector has also seen a significant increase in number of domestic air travel passengers. India's air passenger travel is expanding at about 25 per cent a year, and at least six discount carriers have started flights in the country of 1.1 billion people. Growth in this sector will outpace the global average until 2025, according to government estimates.
With new developments come new risks. The aviation industry can often prove to be a complex place with concerns regarding various catastrophic events. New commercial pressures add to the management challenges, as markets are liberalized and old entities come under threat from the new. Our knowledge base gives us a unique understanding of the issues facing the sector and allows us to design innovative risk solutions.
To find out more, contact India Insure’s Aviation Specialist at
askus@indiainsure.com |