THE AVIATION INDUSTRY HAS FACED SIGNIFICANT CHALLENGES in recent years, with the COVID-19 pandemic and geopolitical conflicts disrupting global supply chains. These disruptions have led to bottlenecks and constraints, posing a significant obstacle to the industry's recovery, despite the anticipated rebound in travel demand. While the Indian aviation sector has made strides in overcoming recent hurdles, it also continues to grapple with supply chain issues that are hindering its recovery. These issues threaten the remarkable growth trajectory of India's aerospace sector, which is driven by a booming economy and ambitious expansion plans. According to CAPA India's forecast, the Indian aviation industry is expected to have approximately 790 aircraft in its fleet by March 2024, with 588 operational aircraft. This means that over 200 aircraft or nearly 25 per cent of the total fleet will be grounded by March 2024. A major concern for mass grounding of domestic airlines is due to supply chain issues. This could disrupt the industry significantly, with major carriers like IndiGo, Air India, and SpiceJet already facing substantial grounding numbers. The current total of over 160 grounded aircraft across Indian airlines paints a worrying picture for the industry's future.
Esta historia es de la edición Issue 12, 2023 de SP’s Aviation.
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Esta historia es de la edición Issue 12, 2023 de SP’s Aviation.
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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.
