THE LANDSCAPE OF BUSINESS AVIATION HAS WITNESSED A significant global evolution, especially in the aftermath of the pandemic, and the Indian Business Aviation sector has been no exception. Over the last decade, the industry in India has undergone substantial metamorphosis, finally garnering the critical recognition it deserves. Its role as a driver of productivity and contributor to economic development is now more apparent. Industry advocates underscore the imperative for a robust framework to propel growth and channelise economic and social benefits throughout India. Despite noteworthy shifts in perspectives, policies, and infrastructure, grappling with persistent financial challenges poses a significant impediment for the business aviation industry to fully realise its potential.
In setting the tone for a comprehensive understanding of each stakeholder’s specific roles in Aviation, Group Captain Rajesh Bali, Managing Director of the Business Aviation Operators Association (BAOA), articulated during the seventh edition of the BizAvIndia conference held in Delhi earlier this year that a collaborative and balanced conversation is essential. He emphasised the need to comprehend each other’s roles effectively and foster more effective collaboration with regulators in the future. Group Captain Bali drew attention to a 2012 study by the International Civil Aviation Organisation (ICAO), which predicted a year-on-year growth rate of 10 per cent for the first decade, followed by rates of seven per cent and an additional five per cent in the last five years, resulting in a total of approximately 4,000 small aircraft. However, he noted that the number of operators has decreased from 137 to 103 since then, only recently rebounding after a period of decline.
Denne historien er fra Issue 1, 2024-utgaven av SP’s Aviation.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
Allerede abonnent ? Logg på
Denne historien er fra Issue 1, 2024-utgaven av SP’s Aviation.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
Allerede abonnent? Logg på
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.