Air India is seeking to improve its systems by forging stronger collaborations with airports in India and abroad. To achieve this goal, the Tata Group-owned airline has developed a five-year roadmap for transformation under Vihaan.AI. Rajesh Dogra, the Chief Customer Experience Officer, and Global Operations – Airport Operations have stated that AirIndia is not utilizing
An exchange filing on Wednesday revealed that the Indian government is planning to divest up to 3.5% of its stake in Hindustan Aeronautics Ltd (HAL), an aerospace and defense company. The company sets the floor price for the stake sale at Rs 2,450 per share, estimating the value at Rs 2,867 crore. Although this price
An internal communication from Air India states that the airline will be revising its policy on privilege leaves for both permanent and full-term contract staff from the next financial year. The revised policy will align with “prevailing market conditions”. Effective from April 1, the accumulation limit for Privilege Leaves (PLs) for all Air India’s employees
On Wednesday, aviation consultancy CAPA India projected a 26 percent increase in revenue to USD 3.9 billion for Indian airport operators in the upcoming financial year. The firm also offered an outlook for airports, predicting air passenger traffic to reach 395 million for 2023-24, covering both domestic and international flights. This would be a significant
On Wednesday, Arun Bansal, the CEO of Adani Airports, announced that the company will be bidding for more airports across India as part of its goal to become the leading airport operator. Adani Airports had already won bids to operate six airports during the government’s previous round of airport privatization. Bansal confirmed that the company
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
