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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SP’S AVIATION DERGISINDEN DAHA FAZLA HIKAYETümünü görüntüle
INDIA'S RICHEST BUYS BBJ
SP’s Aviation

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.

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Issue 10, 2024
PRIME MINISTER INAUGURATES AIRCRAFT COMPLEX FOR MANUFACTURING OF C295 AIRCRAFT
SP’s Aviation

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.

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Issue 10, 2024
GLADYS ROY (1896-1927)
SP’s Aviation

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.

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3 dak  |
Issue 10, 2024
A BOOST FOR CONNECTIVITY AND ECONOMIC GROWTH
SP’s Aviation

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

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5 dak  |
Issue 10, 2024
A DYNAMIC HUB OF BUSINESS AVIATION INNOVATION
SP’s Aviation

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

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6 dak  |
Issue 10, 2024
SHAPING BUSINESS AVIATION'S FUTURE WITH MILESTONES AND TRENDS
SP’s Aviation

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

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8 dak  |
Issue 10, 2024
GULFSTREAM FIRST OEM TO LINK-UP WITH STARLINK
SP’s Aviation

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

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Issue 10, 2024
EFFECT OF MEGA EVENTS ON BUSINESS AVIATION
SP’s Aviation

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

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7 dak  |
Issue 10, 2024
AIR TAXIS TO SOAR OVER INDIAN SKIES SOON
SP’s Aviation

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

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6 dak  |
Issue 10, 2024
UNFOLDING RATAN TATA'S PASSION FOR AVIATION
SP’s Aviation

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.

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8 dak  |
Issue 10, 2024