THE YEAR 2023 TURNED OUT TO BE A LANDMARK YEAR FOR civil aviation, witnessing a flurry of orders and deals at major global airshows. These agreements have set an optimistic tone for the aviation industry, pointing towards a promising ascent in the times to come. With new airlines coming in; some old airlines’ consolidating, turning towards refurbishing their fleet and regional aviation seeing a growth, India too had an interesting year. Expected to surpass previous records by the close of 2024, the Indian aviation sector foresees substantial growth, fueled by significant aircraft orders from major carriers such as Air India and IndiGo this year. While challenges like a shortage of skilled personnel, escalating fuel prices, regulatory constraints, and airport capacities persist, the industry sees vast opportunities.
Sustainability took center stage with a surge in commitments to sustainable aviation fuels (SAFs). Urban air mobility (UAM) progressed, witnessed in global cities with test flights of electric vertical takeoff and landing (eVTOL) aircraft. Despite pandemic challenges, airlines pursued ambitious fleet expansions and announced new routes, fostering recovery. Airports embraced digital transformation, introducing smart technologies for enhanced passenger experiences, while safety and security remained paramount.
AIRSHOW EXTRAVAGANZA
While many events happened across the globe in 2023, the Paris Air Show, Dubai Air Show and Aero India were among the top headline makers.
This story is from the Issue 12, 2023 edition of SP’s Aviation.
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This story is from the Issue 12, 2023 edition of 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.
