TBO Tek’s investor presentation emphasizes the strong growth of the Indian aviation market. India is now the 3rd largest aviation market globally, driven by increasing domestic trips and higher budgets for international travel. By 2040, global demand is projected to be 178% of 2019 volumes. TBO Tek enjoys a first-mover advantage in international air travel with 750+ airlines on its platform and aims to unlock non-air opportunities with its existing customer base.
Aviation Market Recovery and Growth
The global aviation industry is recovering strongly, with airlines expanding into new corridors. By 2040, global demand, measured in revenue passenger kilometers, is projected to reach 178% of 2019 levels. This growth is fueled by the expansion of the middle class in developing countries and more efficient aircraft and low-cost carrier models.
India’s Position and Market Trends
India is now the 3rd largest aviation market globally. This growth is supported by:
By 2027, India is projected to be the 5th largest outbound tourism market. The India Travel Market (Air and Hotels) is estimated at approximately $48 billion and is growing at a steady pace of 8%.
Government Initiatives and Connectivity
The Indian government is supporting regional growth through the UDAN scheme, which has allocated INR 4,500 Cr, with INR 3,751 Cr utilized for regional air development. This initiative focuses on connecting Tier-2 and Tier-3 cities.
TBO Tek’s Strengths and Opportunities
TBO Tek commands a double-digit market share in the B2B travel space. The company has supply from 750+ airlines across GDS, NDC, LCC and Direct feeds. Key opportunities include:
Source: BSE
