INDIA IS MOVING FORWARD TO BECOME THE WORLD’S THIRD-LARGEST civil aviation market by 2024. Currently, major airlines connect 103 operational airports within the country and many more across the globe. Despite the RCS-Udan scheme, India’s aviation industry is largely untapped with huge growth opportunities. The Indian government is planning to invest $1.83 billion for the development of airport infrastructure along with aviation navigation services by 2026. India’s total passenger traffic stood at 199.60 million in the period April to October 2019, with 1.5 million aircraft movements. The Mumbai-Delhi air corridor is ranked the world’s third-busiest route. Total freight traffic for the same period was two million tonne. There are 604 aircraft operated by scheduled airline operators in India. Airlines in India spend about 13 to 15 per cent of their revenues towards maintenance – the second-highest cost item for airlines after fuel. Generally, airlines carry on-tarmac inspections (A and B checks) in-house and work with third-party Maintenance, Repair and Overhaul (MRO) for engine, heavy maintenance (C and D checks) and modifications.
VISION 2040
On January 15, 2019, the Ministry of Civil Aviation (MOCA) released a report titled ‘Vision 2040’, outlining a roadmap for the future of civil aviation in India. The report projects that air passenger traffic will increase six-fold to 1.1 billion passengers by 2040 and by then 2,359 passenger aircraft would be required. Air cargo movement will quadruple to 17 million tonne by 2040. The number of airports in India would rise to around 200. The government proposed creating a $2-billion fund to help support low-traffic airports. India targets to establish an aircraft manufacturing base by 2040.
FOREIGN DIRECT INVESTMENT IN AVIATION
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Denne historien er fra April 2020-utgaven av SP’s Aviation.
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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.
GLADYS ROY (1896-1927)
On just her second flight, Gladys Roy co-piloted the plane, stepped out onto its wing and leapt off, floating safely to the ground with a parachute. Then and there she knew that her heart was in daredevil stunts and wing walking.
A BOOST FOR CONNECTIVITY AND ECONOMIC GROWTH
The recently launched India's guidelines for Seaplane Operations simplify certification for non-scheduled entities to operate under the UDAN scheme, eliminating the need for a water drome license and reducing compliance requirements for easier seaplane operations
A DYNAMIC HUB OF BUSINESS AVIATION INNOVATION
2024 NBAA-BACE wrapped up a week of groundbreaking announcements, innovative showcases, and forward-looking discussions that underscore business aviation's vibrant future
SHAPING BUSINESS AVIATION'S FUTURE WITH MILESTONES AND TRENDS
The 2024 NBAA-BACE highlighted major trends including Fractional Ownership, Business Aviation Safety and Security, Sustainability, Advanced Air Mobility (AAM), Artificial Intelligence in Business Aviation, and overall industry growth
GULFSTREAM FIRST OEM TO LINK-UP WITH STARLINK
This certification enables G650 and G650ER owners to upgrade their in-flight connectivity directly with Gulfstream that can support video calls, cloud-based applications, and data transfers
EFFECT OF MEGA EVENTS ON BUSINESS AVIATION
According to data from WingX Advance, mega events like the Olympics, significantly impact business aviation, driving increased movements across several regions
AIR TAXIS TO SOAR OVER INDIAN SKIES SOON
As India prepares for the launch of air taxi services in 2026, with plans to connect high-traffic areas, Directorate General of Civil Aviation (DGCA) has revealed the regulatory framework for 'Vertiports,' paving the way for air taxis to become operational in India
UNFOLDING RATAN TATA'S PASSION FOR AVIATION
\"IT IS WITH A PROFOUND SENSE OF LOSS THAT WE BID FAREWELL to Ratan Naval Tata, a truly uncommon leader whose immeasurable contributions have shaped not only the Tata Group but also the very fabric of our nation,\" N. Chandrasekaran's statement confirmed the news, that hit millions of Indians like a ton of bricks.
