PEEK INTO HISTORY
Jehangir Ratanji Dadabhoy, the 'Father of Indian Aviation', established India's first licensed commercial carrier, Tata Airlines in 1932. It was based out of Mumbai and transported both mail and passengers across India. In 1946 it changed its name to Air India. Pursuant to the Air Corporations Act, 1953 the Indian Government acquired 49 per cent of the company, and fully nationalised the airline. This law not only allowed the Government to gain control over the erstwhile Tata Airlines, but also nationalised the entire sector. All existing airlines were merged into either Indian Airlines Corporation or Air India International. This monopoly continued for the next forty years till the Indian economic liberalisation of the 1990's that the aviation sector was again opened to private participation. In a full circle of events Tata Group took over the operations of Air India on January 27, 2022, marking the beginning of a new chapter for Air India.
The aviation sector developed sluggishly in India, mainly because air transportation had traditionally been for the elite and not the masses. However, in the last decade the sector has experienced exponential growth due to structural reforms, airport modernisation, entry of private airlines, adoption of the low-cost models and improvements in service standards. The government has also played a big role in supporting growth in aviation by encouraging the private sector to become more involved in the construction of airports through Public Private Partnership models and by providing state support in concessional land allotment, financing, tax holidays and other incentives.
Esta historia es de la edición Issue 8, 2023 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 Issue 8, 2023 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
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.