| After Sept 11, 2001 when USA got struck by | | | | and value airline Kingfisher Airlines, there are Indus |
| terrorist attack, almost all the industries has been | | | | Airways, Air One, East West Airlines, Go Airways, |
| affected. But Aviation Industry is one of the | | | | Magic Air and Crystal Air who are getting ready |
| hardest hit, as the major airlines likes of Swiss Air | | | | to fly Indian sky soon. India is to see the launch |
| and American airlines. But despite of all these | | | | of at least 14 such airlines. Low cost start-up |
| happenings Indian Aviation industry though minute | | | | carrier IndiGo had stunned the aviation industry by |
| could withstand this pressure and had grown leaps | | | | placing orders for 100 aircraft at a list price of |
| and bounds. This is due to the growth of Indian | | | | over $6 billion last year. |
| economy and tourism industry in particular in the | | | | It is anyone’s guess as to Human Resource |
| last few years. | | | | Requirements, especially pilots, airhostesses, flight |
| In the last two years many a new airlines have | | | | attendants and other cabin crew, that are going |
| come to the fore in a huge way and many huge | | | | to come up in the Aviation Sector. Demand is |
| industries have declared their wishes to enter into | | | | much above the number of people acquiring |
| this industry. Another major leap was the open | | | | training for the same. Jet Airways along with |
| sky policy of Government of India permitting the | | | | Sahara India has about 47 percent share of the |
| existing private airlines in India to fly to foreign | | | | domestic aviation market, followed by Indian |
| destinations. | | | | Airlines (28 per cent), Air Deccan (11 per cent), |
| It does require a special mention that with such | | | | Kingfisher (6 per cent) and SpiceJet (5 per cent) |
| expansions planned by major aviation companies | | | | as on October2006. |
| and new companies formed there is a vast | | | | Jet Airways tops the list of domestic and national |
| manpower requirement. Qualified manpower is in | | | | carrier operators with 8,168 flights operating till |
| huge abundance in India but they need a proper | | | | June 2005. Indian Airlines ranks second with 7,562 |
| direction to capitalise on this surge in industry. | | | | flights, followed by Sahara (3,225 flights), Air |
| When the human resources needed by these | | | | Deccan (2,889 flights), Spice Jet (483 flights) and |
| companies were less in number, it was easy to | | | | Kingfisher Airlines (267 flights). |
| tap from a huge HR bank but when the demand | | | | The sudden boom in Indian aviation has caught |
| for such HR increased they are finding it | | | | even the normally market savvy global aerospace |
| extremely difficult to maintain the quality of HR | | | | manufacturers unawares. Recently, both Boeing |
| selected for these jobs especially when more and | | | | and Airbus said they had underestimated Indian |
| more foreign airlines are flying into India offering | | | | growth. This means global players are also coming |
| high salary packages forcing the better of HR to | | | | into the scene. |
| go with these companies. | | | | It wasn't surprising since statistics compiled by |
| It is important to mention here that Indian aviation | | | | Airbus Industrie showed that Indian carriers |
| industry grew by 20% second only to BPO | | | | accounted for 327 out of the 2,140 firm orders |
| industry in services sector and then comes the | | | | for new aircraft that were placed with it and rival |
| concept of no frills airline the market for which is | | | | Boeing in 2005. This does not take into account |
| growing vastly. Many no frills airline have already | | | | the orders placed for smaller airplanes with other |
| announced their plans to start services to India a | | | | manufacturers like ATR and Dassault - which, too, |
| few of them are Nok Air, Air Asia-Thailand, Air | | | | are flooded with offers from private Indian |
| Arabia etc. | | | | carriers. |
| The boom in the aviation sector in India can be | | | | The Brazilian aircraft manufacturer, Embraer, is |
| gauged by the fact that in one year, the number | | | | bullish on the prospects in the Indian market. Their |
| of people seeking pilot licenses and airhostess | | | | forecast is that between 2006 and 2010, the |
| training has multiplied three times. In April 2005, it | | | | demand for 30-120-seater planes in India would be |
| was 300. In April 2006, the number rose to 1045. | | | | around 165, which is about 40 per cent of the |
| The civil aviation industry is booming. Indian airlines | | | | demand of the Asia-Pacific region. The value of |
| placed orders for over 400 aircraft worth a | | | | these aircraft would be around $4 billion. |
| whopping $30 billion for its operational | | | | They feel that a majority of the aircraft required |
| requirements. That shows a requirement of 5600 | | | | will be in the 61-120-seat capacity segment. 70 |
| pilots, 19000 airhostess or cabin crew, 24000 | | | | per cent of these would be required for market |
| technicians, 36000 ground handling crew and | | | | growth while there would be a small demand for |
| various other related vacancies. | | | | replacement. |
| And these aviation industry vacancies are all fresh | | | | Globalysis Ltd.forecasts growth in India's aviation |
| vacancies without including vacancies that may | | | | market, to be one of the fastest growing in the |
| come up in the existing aircrafts. | | | | world, for the years 2007-2008. The Globalysis |
| Also the pay packages offered by the various | | | | research report forecasts growth in India's |
| Indian airlines have also seen an upward trend due | | | | aviation market ofapproximately 28% in 2007 and |
| to very few number of trained pilots and cabin | | | | 24% in 2008, for a total of approximately 52 |
| crew availability. Hence there is an opportunity for | | | | million passengers being carried in 2008. |
| you. | | | | From the above given facts this is the right time |
| Indian aviation is witnessing a mushrooming of | | | | to invest in a business opportunity and anyone |
| new airlines especially low cost carriers. Besides | | | | with cash and liquidity can go in for the kill. |
| the existing Air Deccan, newly launched Spicejet | | | | |