Q&A: India will grow faster than its peers
Cruising Heights|February 2023
Alvarez & Marsal India (A&M India) Managing Director SUDEEP MEHROTRA and Senior Director VARUN AGRAWAL put together key changes observed in the Indian airport sector over the last decade and the trends that are likely to shape the sector over the next decade in the paper titled: "Airports in India at Inflexion Point". Here, they answer more questions from CRUISING HEIGHTS on their assessment and the key drivers for growth
Q&A: India will grow faster than its peers

How do you think the government's initiative through the National monetisation pipeline will help unlock value in the airport sector? Clubbing airports could be similar to the route dispersal guidelines-clubbing trunk routes with lean routes. It has never really served the purpose at the end of the day. How do you see this working?

The exact nature of the contractual obligation under the proposed NMP plan of clubbing a smaller airport with a large one is still unclear. During the last round of privatization, where the government divested stake in six airports, the concessionaire was expected to transfer the existing asset value of operating airports under the Regulated Asset Base model within one year, along with committing capital expenditure for airports that are undergoing expansion or have planned for it. Under the proposed scheme, if the payment obligations for smaller airports are appropriately structured, then this would help private players mitigate the risks appropriately. Additionally, the non-aero potential for airports is likely to be harnessed better under private control.

Your report makes the argument that if airports like Chennai and Kolkata were privatised the non-aeronautical revenue could see a considerable rise as witnessed in the privatised airports of Delhi, Mumbai and Hyderabad. Would this assessment be correct? And is it simply because government entities by nature do not have the same creative impetus to customer service as a private company? Or is it easier to monetise airport land when you are free of government encumbrances?

Esta historia es de la edición February 2023 de Cruising Heights.

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.

Esta historia es de la edición February 2023 de Cruising Heights.

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.

MÁS HISTORIAS DE CRUISING HEIGHTSVer todo
Jets, Tech, And Green Goals
Cruising Heights

Jets, Tech, And Green Goals

The key themes at the Farnborough International Airshow 2024 revolved around innovation and sustainability. Sizeable aircraft orders, advancements in eVTOL technology, and a strong commitment to environmental goals underscore an industry that is not only rebounding from past challenges but also setting the stage for a more sustainable and technologically advanced future, reports ATUL CHANDRA.

time-read
10 minutos  |
August 2024
FREIGHT IN FLIGHT
Cruising Heights

FREIGHT IN FLIGHT

In 2023, Indian airports handled over 3.15 million metric tonnes of cargo, with international freight dominating. As the sector aims to meet the government's ambitious annual target of 10 million metric tonnes (MMT) by 2030, this goal will require dedicated freighter aircraft, technological integration, infrastructure development, and regulatory improvements, among other things. By JAIDEEP MIRCHANDANI, Chairman, Sky One

time-read
3 minutos  |
August 2024
ELEVATING PASSENGER EXPERIENCES
Cruising Heights

ELEVATING PASSENGER EXPERIENCES

Panasonic Avionics Corporation is setting new standards in in-flight entertainment and connectivity (IFEC) with the launch of its state-of-the-art software design and development facility in Pune, highlights

time-read
6 minutos  |
August 2024
CAUGHT IN PAPER JAM
Cruising Heights

CAUGHT IN PAPER JAM

Despite rapid digital advancements in passenger air travel with the airline market expected to surpass $35 billion by end of this decade, the air cargo industry remains bogged down by outdated legacy systems, impeding progress in efficiency and real-time tracking. A special report by

time-read
7 minutos  |
August 2024
PITCHING FOR SUPPORT
Cruising Heights

PITCHING FOR SUPPORT

India's air cargo industry is gearing up for a major transformation, aiming to nearly triple its capacity by 2030. Current infrastructure handles about 6.5 million tonnes, but meeting future goals will require significant investments to expand capacity, streamline operations, and adopt cutting-edge technologies. Industry leaders at a recent ACFI Annual Conclave emphasised the need for strong government support to overcome challenges, urging policymakers to address operational constraints and improve connectivity, reports

time-read
8 minutos  |
August 2024
BATTLE FOR THE SKIES
Cruising Heights

BATTLE FOR THE SKIES

As India's international air traffic experiences significant growth over the past few decades, the competition between Air India and IndiGo intensifies. Vistara's merger within Air India and the significant aircraft orders position the combined entity as a formidable player, while IndiGo's ambitious expansion plans and international focus set the stage for a competitive future, analyses

time-read
7 minutos  |
August 2024
"We Aim to Bridge the Training Gap in Indian Aviation"
Cruising Heights

"We Aim to Bridge the Training Gap in Indian Aviation"

In a candid conversation with CRUISING HEIGHTS, KHUSHBEG JATTANA, General Manager India of Simaero, discusses the strategic timing of Simaero's entry into the Indian aviation market. He addresses the challenges posed by existing pilot training programmes from major airlines like Air India and IndiGo, and elaborates on Simaero's plans to complement these efforts with state-of-the-art training solutions. Jattana also sheds light on the potential growth in the South Asian region and the company's vision for the future.

time-read
4 minutos  |
August 2024
POWERING UP
Cruising Heights

POWERING UP

Urban Air Mobility providers are accelerating their eVTOL development programmes, reports

time-read
6 minutos  |
August 2024
Transforming Air Traffic Control Training: CAE's Cutting-Edge Approach
Cruising Heights

Transforming Air Traffic Control Training: CAE's Cutting-Edge Approach

In this interview, MARIE-CHRISTINE CLOUTIER, CAE's Vice-President of Performance, Strategy, and Marketing, discusses CAE's air traffic control training program. Highlighting strategic partnerships, advanced technologies, and global initiatives, the interview reveals how CAE addresses the growing demand for skilled air traffic controllers and flight service specialists. From their dedicated Montreal facility to expanding efforts across the globe, CAE is committed to providing tailored, state-of-the-art training solutions for the aviation industry's future.

time-read
5 minutos  |
August 2024
POWERING A GREEN FUTURE
Cruising Heights

POWERING A GREEN FUTURE

FIA 2024 witnessed a growing order book for aircraft engine manufacturers and provided important insights into the development of sustainable powerplants.

time-read
10 minutos  |
August 2024