Opening up several airports to private ground handlers via competitive bidding will mark the next growth story for the civil aviation market.
THERE IS SOME GOOD NEWS for private ground handling operators. The government-run Airports Authority of India (AAI) is in the process of appointing ground handling operators, through a competitive bidding, across several of its airports. AAI, as is known, controls nearly 125 airports in the country. Private operators including Turkish firm Celebi Aviation Holding and veteran Bird Group are cautiously optimistic. Why? There are multiple reasons. First, only a third of the overall ground handling business (domestic and international) is available to private operators. That is because domestic airlines like Jet Airways, IndiGo do their own ground handling. So does Air India via its subsidiary. As a result, virtually 90 per cent of the total domestic ground handling business in India rests with Jet, IndiGo and Air India leaving companies like Celebi and Bird to rely on international carriers outsourcing their ground handling business. Of course, recently domestic operators like the Air Asia and Vistara have begun outsourcing their ground handling, but between the two, the fleet-size of aircrafts is significantly low.
There are other reasons too. In 2017, the government came out with the new regulations for ground handling called the ‘Ground Handling Services Regulations 2017’. According to the new regulation, airports handling 10 million or more passengers annually are required to have three ground handling agencies. This includes a ground handler belonging to airport operator/its joint venture or JV/its wholly-owned subsidiary or a JV or a subsidiary of Air India or any other agency. Also, all appointments of ground handlers need to be confirmed through a bidding process. Airports with less than 10 million passengers (annually) can hire “up to” three agencies.
هذه القصة مأخوذة من طبعة September 1st, 2018 من Businessworld.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك ? تسجيل الدخول
هذه القصة مأخوذة من طبعة September 1st, 2018 من Businessworld.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك? تسجيل الدخول
MEMORIES & IMPRESSIONS
Ratan Tata was an exceptional human being. He was a visionary leader, esteemed industrialist, and a humanitarian, who left an indelible mark on India and the world.
The Robotaxi Market
The robotaxi market is shaping up to be a high-stakes battleground as tech giants and automakers race to transform urban mobility.
And the Nobel Prize Goes to AI
The recent Nobel Prize T awards to AI pioneers affiliated with Google have sparked a broader conversation about Big Tech's influence on research and the limitations of traditional prize categories.
Ola Electrified
Once considered a trailblazer in India’s electric vehicle (EV) ecosystem, Bhavish Aggarwal’s Ola Electric now faces a major accountability crisis.
Sharp Slide in Industrial Output on Eve of Deepavali
India’s index of industrial production (IIP) saw a sharp reversal in August, contracting by 0.1 per cent, in stark contrast to the 4.7 per cent growth in July, mostly because of significant contractions in mining and electricity generation.
Heralding the Solar Era with Sustainable Electrification
RAJEEV KASHYAP on the economics of solar power, the hurdles in scaling it, and much more
A WELL-GREASED MACHINE
The OmniBook X14 laptop runs on first-generation Snapdragon X Elite, which bets big on Al-enabled productivity and battery life, but falls short when it comes to overall experience, says Deep Majumdar
DO NOT LETA HEALTH CRISIS RUIN YOUR FINANCIAL HEALTH
For a family of four living in a metro, it is recommended to opt for a family floater health insurance plan with a sum insured of at least Rs 15-20 lakh
Disruption Ahead: Beyond Organisation Charts and Structures
ALBERT EINSTEIN FAMOUSLY said, “We cannot solve our problems with the same thinking we used when we created them.
Dr. Rahul Shivajirao Kadam: A Visionary Leader Blending Sustainability, Innovation, And Social Empowerment
We are on the stage of global warming, and these technologies not only help prevent further damage but also leave behind a better environment for future generations.
