On Tuesday, the aviation industry felt the ripples of tension caused by plans to transform Air India into a global airline with the acquisition of hundreds of new jets. As foreign airlines clamor for increased access to the world’s fastest-growing economy, the Indian government faces mounting pressure to relax its near-freeze on capacity deployment to
A senior government official stated that the disinvestment of Air India Engineering Services Ltd (AIESL) would benefit the country’s civil aviation industry. Rajiv Bansal, the Civil Aviation Secretary, confidently expressed that he expects the disinvestment to be successful in the coming months. He also highlighted that AIESL had a strong “topline and bottom line,” indicating
Boeing has highlighted India’s need for 31,000 pilots and 26,000 mechanics over the next two decades, as demand for aircraft continues to surge. Boeing India President Salil Gupte stated that the South Asian region is expected to maintain its position as the world’s fastest-growing market in the aviation industry for the next 20 years. Speaking
During a session of the CAPA aviation summit, Sir Tim Clark, the President of Emirates Airline, expressed his optimism about the Indian market, saying that there are great opportunities there and that the country is really on the move. Emirates is a significant player in connecting India and the Gulf, and the airline has been
On Monday, Jyotiraditya M Scindia, Union Minister of Civil Aviation and Steel, discussed different facets of India’s aviation industry development during his speech at the CAPA India’s Aviation Summit 2023 in New Delhi. During the summit, Scindia noted that there was a time when airports lacked even a single passenger. However, India’s domestic passenger numbers
GMR Airports Infrastructure Ltd (GIL) has revealed its plans to merge GMR Airports Limited with GIL, which is expected to be concluded within the next financial year pending regulatory approvals. According to the company’s statement, the merger will enhance GMR’s partnership with Aeroports de Paris SA (Groupe ADP) to a higher level. GIL stated that
During the CAPA India Aviation Summit in New Delhi, Air India Ltd. CEO Campbell Wilson revealed that the company is in discussions with banks to finance its latest aircraft order, thanks to the support of its new owner, Tata Sons Ltd. Wilson assured that the financing of the aircraft is available since they already received
On Monday, Jyotiraditya Scindia, India’s civil aviation minister, announced that the country has implemented measures to enable airlines to lease additional aircraft, in order to address the capacity shortfall caused by the resurgence of travel post-pandemic. The aviation industry is bouncing back swiftly from the restrictions imposed due to the coronavirus pandemic, which caused airlines
On Monday, Jyotiraditya Scindia, the Civil Aviation Minister, emphasized the vast potential for growth in India’s aviation sector and advocated for the country to explore manufacturing aerospace products. Scindia also predicted that domestic airlines will acquire approximately 2,000 aircraft in the next five to seven years. During a summit organized by aviation consultancy CAPA, the
Due to high oil prices and terminal capacity constraints at airports, airlines will be reducing the number of domestic flights they operate during the summer of 2023 compared to the previous year. The Directorate General of Civil Aviation (DGCA) has approved airlines for 22,907 weekly flights in the summer schedule of 2023, according to data
