Latest Insights

Prospects for an Indian Aircraft Leasing Sector

September 2018: India’s airlines have an order book of more than 1000 aircraft, valued at over USD50 billion, By 2050, the country’s commercial fleet is expected to exceed 5000 aircraft. An industry of this scale will require an increasingly capable and sophisticated indigenous aviation eco-system, spanning aircraft maintenance, aerospace manufacturing and aircraft leasing activities amongst others, similar to the path that China has pursued. In anticipation of the long-term requirements of the country’s aviation industry, the Government of India is exploring measures to encourage the establishment of aircraft leasing operations domiciled in India. In this report, CAPA outlines its perspective on the prospects for this initiative.

CAPA India Inbound Tourism Report 2018: Executive Summary

September 2018: This report provides in-depth analysis of the size and structure of inbound tourism flows, with a specific focus on pure leisure travel. The study involved extensive data analysis, supported by primary research amongst leading inbound tour operators, to highlight key trends with respect to source markets, growth rates and competing destinations, as well as to identify constraints to growth. The destination marketing of India was benchmarked against global best practice, and priority source markets for the allocation of resources for promotion and product development were identified using CAPA’s proprietary model. Recommendations are presented to enable India to achieve its inbound tourism potential. The report will be released 7 September 2018.

CAPA India Mid – Year Aviation Outlook FY 2019

September 2018: When CAPA India presented its annual outlook for FY2019 back in Jan-2018, the mood in the industry was relatively upbeat. Most airlines were looking forward to a profitable FY2019, with traffic expected to continue its double-digit growth rates on the back of a strong economy. But in a little over six months, sentiment has shifted abruptly in response to an increasingly challenging environment, precipitated by the increase in oil prices, currency depreciation and excess capacity. In this mid-year update CAPA presents an independent assessment of the state of the Indian aviation market, based on our research and understanding of the key strategic and economic issues confronting the sector, developed from our 24×7 monitoring of the industry.

CAPA India Aircraft Fleet & Finance Report: Part 1, Executive Summary

July 2018: This report provides a detailed, independent assessment of the state of aircraft financing in India. It will be released in several parts and will include: a comprehensive overview of incumbent airline operators with a focus on their fleet and network strategies, and financial performance; an evaluation of aircraft orders and the financing models that will be implemented, including the prospects for sale-and-leaseback transactions; a review of global trends with respect to capital markets, bank credit and the changing lessor landscape, and their potential impact on Indian carriers; and an assessment of specific Indian regulatory and taxation issues.

CAPA Report: Resetting India’s Airport Planning & Execution Framework

June 2018: India will require a massive increase in airport capacity over the coming years and decades, But there is currently no entity with point-guard responsibility for strategic planning for the Indian airport system. Meanwhile, the Airports Authority of India (AAI) is over-burdened with multiple responsibilities. In this presentation, CAPA India outlines our proposal for a restructuring of the AAI’s governance and operational framework, under an independent new agency, the Airports Commission of India, responsible for developing a strategic vision, national master planning and productivity.

CAPA India Airport Infrastructure Status Check

January 2018: India’s system-wide airport capacity has already crossed 80% utilisation and with traffic growing at double-digits, infrastructure constraints are becoming apparent, In this presentation, CAPA reviews the status of current airport capacity, considers scenario timelines for saturation, projects the investment required to keep pace with demand and outlines a new airport development framework.

CAPA-Expedia India Outbound Travel Report

January 2018: CAPA and Expedia jointly developed this report to better define and understand the size, profile and drivers of the India outbound leisure travel market. It draws on new industry and consumer research. The report identifies key steps to unlocking demand for travel with respect to air connectivity, delivering value, simplifying visa requirements and investing in enhanced customer segmentation and product development. CAPA and Expedia identify the key growth markets, consider potential new leisure routes for low cost carriers and forecast tourist numbers in 2025 to the leading destinations.