THE LANDSCAPE OF BUSINESS AVIATION HAS WITNESSED A significant global evolution, especially in the aftermath of the pandemic, and the Indian Business Aviation sector has been no exception. Over the last decade, the industry in India has undergone substantial metamorphosis, finally garnering the critical recognition it deserves. Its role as a driver of productivity and contributor to economic development is now more apparent. Industry advocates underscore the imperative for a robust framework to propel growth and channelise economic and social benefits throughout India. Despite noteworthy shifts in perspectives, policies, and infrastructure, grappling with persistent financial challenges poses a significant impediment for the business aviation industry to fully realise its potential.
In setting the tone for a comprehensive understanding of each stakeholder’s specific roles in Aviation, Group Captain Rajesh Bali, Managing Director of the Business Aviation Operators Association (BAOA), articulated during the seventh edition of the BizAvIndia conference held in Delhi earlier this year that a collaborative and balanced conversation is essential. He emphasised the need to comprehend each other’s roles effectively and foster more effective collaboration with regulators in the future. Group Captain Bali drew attention to a 2012 study by the International Civil Aviation Organisation (ICAO), which predicted a year-on-year growth rate of 10 per cent for the first decade, followed by rates of seven per cent and an additional five per cent in the last five years, resulting in a total of approximately 4,000 small aircraft. However, he noted that the number of operators has decreased from 137 to 103 since then, only recently rebounding after a period of decline.
Diese Geschichte stammt aus der Issue 1, 2024-Ausgabe von SP’s Aviation.
Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.
Bereits Abonnent ? Anmelden
Diese Geschichte stammt aus der Issue 1, 2024-Ausgabe von SP’s Aviation.
Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.
Bereits Abonnent? Anmelden
KLM: THE WORLD'S OLDEST AIRLINE STILL GOING STRONG!
In 1930, KLM began scheduled passenger service between Amsterdam and Jakarta. The Fokker F.XII plane took 10 days to reach, including 81 hours of flying time. It was the world's longest scheduled flight before the Second World War.
SPICEJET'S $90 MILLION DEAL WITH CANADIAN Q400 PLANES
SpiceJet has successfully resolved a significant dispute with Bombardier over a fleet of Q400 turboprop planes in the form of a $90 million settlement, marking the end of a prolonged legal battle that also has broader implications for the Indian aviation sector
TAPPING THE UNCHARTED WATERS
Seaplane services are expected to transform regional connectivity in India, boost tourism, create jobs, and foster economic development, particularly in hard-to-reach coastal and inland regions
FLIGHT PLAN FOR NAVIGATING BUSINESS AIRCRAFT FINANCING
The business aircraft financing market has witnessed significant growth post-pandemic, driven by increased demand for private and chartered flights
TRUMP'S VICTORY: WHAT WILL IT UNFOLD FOR INDIA
For India, one of the most significant aspects of Trump's return will be his approach to China. There is a possibility that Trump will continue to view India through a transactional lens, prioritising trade deficits and economic returns. The role which the US plays as the global tech powerhouse is the model for future growth which cuts across economy to security. In all potential, there are mostly positive signs, rather another defining era for Indo-US relations could unfold if indicators are right. The convergence of mutual interest for both democracies is too obvious.
ANTARIKSHA ABHYAS-2024
The first ever tri-services Defence Space Exercise was a significant building block towards holistic capability in global space operations
INDIA'S GSAT-20 SATELLITE LAUNCHED
Symbolising growing technology, growth & collaboration, this mission highlights India's dedication to leveraging space technology for societal progress, expanding its role in commercial space ventures while underscoring the potential for India's heavy-lift launch vehicles to capture future opportunities
A LEGACY OF PRECISION, POWER, AND POISE IN THE SKIES
With a vision for comfort, excellence and sustainable aviation, Dassault's Falcon family embodies the peak of technological and environmental advancements
INDIA'S RICHEST BUYS BBJ
Private jets play a strategic role in allowing business magnates like Ambani to optimise time management, particularly critical given his global business commitments and a packed travel schedule.
PRIME MINISTER INAUGURATES AIRCRAFT COMPLEX FOR MANUFACTURING OF C295 AIRCRAFT
Prime Minister Narendra Modi and his Spanish counterpart Pedro Sanchez jointly inaugurated the TATA Aircraft Complex for manufacturing of C295 aircraft at TATA Advanced Systems Limited (TASL) Campus in Vadodara, Gujarat on October 28, 2024.
