Effects of Recession on Aviation Careers

Due to the booming of the Indian economy in last few years, the Indian aviation industry also saw its expansion. There were new budget airlines along with private players like King Fisher by Vijay Mallya, which made the public sector Indian Airlines and Air India highly competitive.

As there was number of flights coming into the business, the number of job opportunities also saw a big hike. Students started signing up for courses like an airline pilot, flight attendant, ground crew and many more. The job growth rate was also good providing handsome salary and perks.

Economic Recession – Came into Function

Everybody was pretty happy! But unfortunately, the U.S. economic recession came into the function. India was hoping that it would not at all be affected by the global economic recession. But those hopes were in vein.

The aviation industry news regarding effects of recession reached into India as well hence affecting the aviation industry badly. As the cash-starved, managements started looking around for cost cutting measure due to which layoffs started to come into action. Even new recruitments are going at a slow rate.

For the time being, the market is not great for aviation industry not only in India, but also in other parts of the world.

New Recruitment – Commencing at Slow Rate

As per air freight forwarders news, this recession is expected to stay in the same way only for a short period of time. As the fundamentals of Indian economy are highly strong, it will definitely get back on a growing trend soon. It may consume time of another three to six months before you see a good change in the economy. But, it will definitely go back again!

By that time, the jobs lost during the recent recession will be compensated. At present, it is a sober moment for.aviation industry in India. But as per aviation industry news, it will again come back on its own feet and run in a smooth manner.

If you are among those guys who have lost their jobs due to the recession, then you must consider this particular situation as a chance to refurbish your skills. Going back to school and getting some more certifications while the market remains in a low state will definitely be a smart idea.

Get Your Additional Skills Polished

By simply polishing your skills you may convert yourself into a great shape once the economy comes back on its own feet. As per air freight forwarders news, those additional skills may be an added asset once the Indian economy gets back on its run again.

Great news for job seekers! Air India is about to start its recruitment process for the position of cabin crew. You will soon get the notifications in your Gmail, social sites, newspapers, magazines and other job portals. It is probably happening in India which proves the financial strength of aviation industry.