West Asian carriers fly past Southeast Asian peers in Indian airspace

Asian carriers eye global flights via India venture

The India-Southeast Asia aviation market is losing sheen due to the push of carriers from West Asia.

Many Asian carriers, such as Air-Asia and Singapore Airlines (through Vistara), are now banking on flying international routes through their joint ventures in India, to grab a part of this burgeoning mid-east and western markets.

India, based on the Airport Council International, would be one of the fastest growing air passenger markets in the world (2016-2040) and would move from number five position in 2016 to number three by 2040, with a growth of 7.5 per cent. Analysts said Asian carriers can get