The Indian Airline Industry: Finance Trends and Strategies

Abstract

The airline Industry in India is divided into civil airline industry and Military aviation industry. The governance if the civil aviation is done by Ministry of civil aviation and governance of Military aviation is done by Ministry of Defence. According to IATA international Air transport Association Indian aviation sector has a huge growth in manufacturing, tourism, airline travellers including domestic and international, shipping and other incomes. Thus civil aviation sector is at the eye of many investors. The research paper focuses on the civil aviation sector and its financial management of the industry. The paper is using a secondary data collection methodology referring various journals, research papers and the government websites.