With the underlying theme of ‘flying for all’, the global aviation industry is set to congregate at Wings India 2020 Hyderabad from March 12 to 15 with the singular agenda: Laying the groundwork for India’s Civil Aviation sector to absorb an expected investment of `100,000 Crore ($13.6 billion) in the next five years alone.
This Global Aviation Summit - India’s only focused event on Civil Aviation Industry - is set to be a key platform for policymakers, airlines, airports, industry captains, OEMs and regulators to deliberate on the shape of things to come. Over 150 exhibitors and close to a thousand delegates representing various stakeholders will meet with a focus on capacity building as India prepares itself for a four-fold increase in air traffic over the next 20 years, and for Aviation to be a key accelerator pushing the Indian economy to the $5 trillion threshold by 2025.
The global aviation industry will network and brainstorm on hitching on to the blueprint envisaging a growth in passenger traffic from 315 million to 1.1 billion by 2040, becoming the world’s third-largest aviation market in the first two years of this two-decade journey beginning now. This growth target involves a $290 billion procurement of over 2,100 aircraft - 900 in the next five years alone - building infrastructure including 100 new airports by 2025 - to support this soaring business.
Building an ecosystem to support high growth rates in aviation is on the agenda of the Indian policymaker. As it hosts the who’s who of the aviation business from across the world at Wings India 2020, the priorities of the Government of India include making affordable flying accessible to the common man under the UDAAN Region Connectivity Scheme (RCS) and building enabling infrastructure, creating a domestic leasing & financing base, robust MRO support and the disinvestment of Air India.
Esta historia es de la edición March 2020 de SP’s Aviation.
Comience su prueba gratuita de Magzter GOLD de 7 días para acceder a miles de historias premium seleccionadas y a más de 9,000 revistas y periódicos.
Ya eres suscriptor ? Conectar
Esta historia es de la edición March 2020 de SP’s Aviation.
Comience su prueba gratuita de Magzter GOLD de 7 días para acceder a miles de historias premium seleccionadas y a más de 9,000 revistas y periódicos.
Ya eres suscriptor? Conectar
CZECH REPUBLIC ORDERS TWO EMBRAER C-390 MILLENNIUM MULTI-MISSION AIRCRAFT
The Czech Republic becomes the fourth NATO member to acquire the C-390 Millennium
LOCKHEED CONSTELLATION: "CALL ME CONNIE!"
In October 1961 the IAF's No. 6 Squadron \"Dragons\" added nine retired Air-India International Super Constellations to its fleet. Seven of these were modified for Maritime Reconnaissance. Two Super Connies served as freighters or troop carriers.
INDIA AND US SIGN GA'S MQ-9B PREDATOR DRONES; AGREEMENT ON ESTABLISHING MRO FACILITY IN INDIA
General Atomics Predator Drones represents a pivotal asset for India's defence capabilities, particularly in enhancing ISR and strike capabilities
"WE FORESEE POTENTIAL SUPPLIERS ACROSS DEFENCE, COMMERCIAL AVIATION AND EXECUTIVE JETS BUSINESSES GIVEN THE ADVANCE AEROSPACE ENGINEERING CAPABILITIES IN INDIA."
In an exclusive interaction, Frederico Lemos, Chief Commercial Officer, Embraer Defense & Security speaks with Jayant Baranwal, Editor-in-Chief, on a range of subjects concerning their increased global footprint, especially on expanding their partnership with India
SHOWCASING POWER OF COLLABORATION
Exercise Tarang Shakti, India's largest multinational air exercise aimed at enhancing interoperability and strengthening operational capabilities, also demonstrated India's growing stature in global military and defence production
INDIA'S QUEST FOR INDIGENOUS JET ENGINE REMAINS AT THE THRESHOLD
While the Ministry of Defence (MoD) has denied the reports to impose penalties on GE over the delays of the F404 jet engine, India's quest for the indigenous jet engine remains at the threshold in search of its IPs and tech
LCA MKIA DELAYED, MRFA ON SLOW MODE - IMPLICATIONS FOR IAF
The IAF is currently operating at around 30 squadrons, well below the authorised strength of 42 squadrons, and defence analysts recommend 50 squadrons to handle a two-front conflict
A BOLDER APPROACH TOWARDS BUILDING CAPABILITY INDIGENOUSLY - AIR CHIEF MARSHAL A.P. SINGH
The annual press day by Chief of the Air Staff Air Chief Marshal A.P. Singh was a testament to the Indian Air Force's strategic vision for modernisation and self-reliance
'IAF AIMS TO BE AN AGILE AND ADAPTABLE AIR FORCE'
On the occasion of the 92nd IAF Day, Jayant Baranwal, Editor-in-Chief, SP's Aviation spoke extensively to Air Chief Marshal A.P. Singh, Chief of the Air Staff, on a range of subjects concerning the Indian Air Force
KEY ELEMENTS OF SAF (SUSTAINABLE AVIATION FUEL)
With SAF being constantly pushed as a panacea, a reality check is essential. The journey to achieve net zero by 2050 will in truth be long, arduous and terribly expensive. Success is by no means assured without urgent measures.