Globalysis Ltd. Issues 2007/2008 Forecast of India's Airline Sector

Globalysis Ltd. issued a forecast today of expected growth in India's airline sector, to be one of the fastest growing in the world, for the years 2007/2008.

Las Vegas, NV; Singapore (PRWEB) June 8, 2006 -- Globalysis Ltd. issued a forecast of expected growth in India's airline sector, to be one of the fastest growing in the world, for the years 2007 / 2008. The Globalysis research report forecasts growth in India's airline industry of approximately 28% in 2007 and 24% in 2008, for a total of approximately 52 million passengers being carried in 2008.

The Globalysis forecast on India's aviation market shows that a large component of the growth is attributable to the increased activity by low-cost-carriers (LCC's), sometimes also known as budget-carriers. Globalysis projects that in 2008 LCC's will control approximately 50% of India's aviation market.

Globalysis Associate/Analyst Mr. Jason Pereira stated, "No country in the world, other than possibly China, will present as much of a growth opportunity for the global aviation sector. We believe there will be a tremendous increase in demand for new aircraft from India's carriers in the coming years; this bodes very well for aircraft manufacturers such as Boeing and Airbus."
    
The Globalysis report also cited the tremendous growth in the level of disposable consumer income of Indian citizens over the coming years as one of the primary drivers of the growth of India's aviation sector.

The report cited extensive risk to the profitability of the sector as carriers fight for route dominance in India's domestic market.
    
The report is available for purchase on www.globalysis.com at a cost of USD$495.

About Globalysis Ltd.

Globalysis Ltd. is based in one of the world's leading casino gaming, aviation, and hotel lodging markets, Las Vegas, Nevada. Globalysis Ltd. is a boutique research and consultancy firm that focuses on tourism related sectors such as casino gaming, aviation, and hotel/lodging. The firm provides strategic guidance and research to many Fortune 500 firms as it relates to Asia strategy.

(C) 2006 Globalysis Ltd., All Rights Reserved

Contact:
Globalysis Media Relations
+1 702-990-3880
E-mail: media @ globalysis.com
Website: http://www.globalysis.com

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