NAVIGATING A TURBULENT SKY
SP’s Aviation|Issue 7, 2024
According to WingX Advance data, the second quarter of 2024 showcased a resilient global business aviation industry, with significant regional variations and growth in key markets despite geopolitical tensions and fluctuating demands
AYUSHEE CHAUDHARY
NAVIGATING A TURBULENT SKY

The early months of 2024 unveiled a landscape marked by both continuity and shifts for the business aviation industry. While overall flight volumes maintained a striking similarity to the previous year, the nuances across regions and operator types revealed a multifaceted narrative of the industry’s trajectory.

According to WingX Advance, in 2023, global flight activity had dropped by three per cent compared to 2022, aligning with market expectations following the post-pandemic slowdown. Globally, 5.1 million business jet and turboprop flights were recorded, at a 3.4 per cent compound annual growth rate over four years, with North America and Europe contributing 92 per cent of the activity. While business jet traffic decreased by four per cent compared to 2022, turboprop flights surged, particularly in South America and Africa, doubling since 2019. In December 2023, bizjet activity had dropped by three per cent from 2022 but remained 16 per cent higher than December 2019.

Q1 BIZJET ACTIVITY ROUNDUP

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Denne historien er fra Issue 7, 2024-utgaven av SP’s Aviation.

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'ZEITENWENDE' - THE TURNING POINT!
SP’s Aviation

'ZEITENWENDE' - THE TURNING POINT!

In an exclusive interaction, Chief of Luftwaffe (German Air Force) Lieutenant General Ingo Gerhartz speaks with Consulting & Contributing Editor Manish Kumar Jha, in New Delhi on a comprehensive range of issues concerning German forces' modernisation, NATO's role, military acquisitions, and Germany's presence in the Indo-Pacific building a new era of military cooperation with India.

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REWRITE THE RULE BOOK
SP’s Aviation

REWRITE THE RULE BOOK

The success of the Bhartiya Vayuyan Vidheyak Bill 2024 hinges on the Ministry of Civil Aviation's ability to translate its vision into reality through efficient administration and regulation.

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Issue 8, 2024
DRIVING SUSTAINABLE AND ADVANCED AVIATION TECHNOLOGIES
SP’s Aviation

DRIVING SUSTAINABLE AND ADVANCED AVIATION TECHNOLOGIES

Over seven decades of FIA, the airshow still remains significant, underscoring the industry's collective drive towards sustainability, Al-based solutions, advanced air mobility, strategic partnerships, significant orders and groundbreaking technologies

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Issue 8, 2024
STEERING ECONOMIC GROWTH AND SOCIOECONOMIC DEVELOPMENT
SP’s Aviation

STEERING ECONOMIC GROWTH AND SOCIOECONOMIC DEVELOPMENT

The UDAN scheme has been a game-chan¢ger for India’s aviation industry, democratising air travel, stimulating economic development, and fostering regional connectivity becoming a cornerstone of India’s aviation strategy

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THE HIGH-FLYING PATH TO A $5 TRILLION ECONOMY
SP’s Aviation

THE HIGH-FLYING PATH TO A $5 TRILLION ECONOMY

A robust commercial aviation sector is propelling the Indian economy forward by serving as a catalyst for economic growth, driving tourism, trade, employment, and infrastructure development.

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Issue 8, 2024
ROLE OF THE IAF IN NATION BUILDING
SP’s Aviation

ROLE OF THE IAF IN NATION BUILDING

IAF's global reach to ensure India's ability to conduct defence diplomacy and humanitarian operations, highlight its crucial role in safeguarding and supporting the nation way beyond the traditional military functions.

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Issue 8, 2024
EXPANDING INDIA'S GALACTIC HORIZONS
SP’s Aviation

EXPANDING INDIA'S GALACTIC HORIZONS

India's space economy is set for significant growth as the nation continues to be a major global player, driven by momentum in the private sector, new industry entrants, substantial investments, and supportive policy initiatives.

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PRATT & WHITNEY EXPANDS INDIA OPERATIONS
SP’s Aviation

PRATT & WHITNEY EXPANDS INDIA OPERATIONS

New center will employ 150 aerospace experts and drive customer service and operations support

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Issue 7, 2024
ADVANCING THE INDIAN AIR FORCE TRAINING CAPABILITIES
SP’s Aviation

ADVANCING THE INDIAN AIR FORCE TRAINING CAPABILITIES

A new chapter has been introduced in the history of the Indian Air Force (IAF) with the inauguration of the Weapon Systems School (WSS) by Air Chief Marshal V.R. Chaudhari, Chief of the Air Staff (CAS), at Air Force Station Begumpet, Hyderabad on July 1, 2024.

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Issue 7, 2024
PIPER J-3 CUB: TRUSTED TRAINER
SP’s Aviation

PIPER J-3 CUB: TRUSTED TRAINER

When the Civilian Pilot Training (CPT) programme was established in anticipation of US involvement in World War II, the Piper J-3 Cub was chosen as the primary training aircraft. Ultimately, 75 per cent of all CPT pilots trained on a Cub

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Issue 7, 2024