The government will set up a special purpose vehicle to push ahead with plans to start manufacturing commercial aircraft in India, Civil Aviation Minister K Rammohan Naidu said on Wednesday as he highlighted the potential of the country's fast-growing aviation sector. The Bhartiya Vayuyan Vidheyak Bill 2024, which was passed by the Lok Sabha in August, includes provisions to regulate the design and manufacturing of aircraft, supporting the Aatmanirbhar Bharat initiative for self-reliance.
Scheduled international passenger flights to and from India remain suspended since March 2020 amid the coronavirus pandemic. The suspension has been extended till November 30.
Singapore Airlines will make an additional investment of Rs 3,194.5 crore in Tata Group-owned Air India post-merger of Vistara in November. The merger, announced on November 29, 2022, and set to be completed on November 11, 2024, will result in Singapore Airlines having a 25.1 per cent stake in the enlarged Air India. Full-service carrier Vistara, which started flying on January 9, 2015, is a joint venture between Tatas and Singapore Airlines, where the latter holds a 49 per cent shareholding.
Aviation regulator DGCA has allowed IndiGo to wet lease wide-body Boeing planes from Turkish Airlines for up to six months and has rejected the domestic carrier's request for leasing the aircraft for up to two years, according to sources. The Directorate General of Civil Aviation (DGCA) turned down the request of the country's largest airline to wet lease the aircraft for a longer period, citing that the move could become diversion of traffic rights in collusion with a strong foreign carrier that will mainly feed the latter's hub abroad with more passengers from India, the sources said. IndiGo, which currently has only narrow-body planes in its fleet, decided to lease wide-body aircraft to operate more flights on international routes to meet rising demand.
'Amaravati will be a game changer for Andhra Pradesh.'
Air express and packaging company, Blue Dart on Tuesday said it would invest Rs 25 crore (Rs 250 million) in the current year to launch an aviation hub and strengthen its air infrastructure in the country.
From highways connecting once-remote regions to aviation networks carrying millions, India's infrastructure story is one of transformation.
'We need to raise the costs and consequences for Pakistan. It is long overdue. Our initial surgical strike was effective for about six months. Then, the Balakot strike provided a deterrent for perhaps two to three years. But we cannot operate under the assumption that such limited responses will suffice for decades to come.'
The cabinet committee on infrastructure's clearance to big-ticket aviation projects, including the New Navi Mumbai airport, and plans to develop India as a civil aviation hub will help expedite the implementation of such projects, which are now caught up in challenges such as local opposition and land acquisition problems, say officials and experts.
Any reduction in the customs duty on smartphone parts in the forthcoming budget will harm India's developing component ecosystem, discourage investment, increase imports, and make local firms uncompetitive, potentially resulting in job losses, think tank GTRI said on Tuesday. India's smartphone industry is a 'Make in India' success story, with 2023-24 production reaching $49.2 billion and exports at $15.6 billion, making smartphones the fourth-largest export after diesel, aviation fuel, and polished diamonds.
The on-time performance (OTP) of Indian carriers took a major dip in January as dense fog foiled their flight schedules. According to data from the Ministry of Civil Aviation reviewed by Business Standard, five out of six major Indian carriers - IndiGo, Air India, AIX Connect, Akasa Air, and Vistara - recorded their lowest OTPs in at least the last 11 months. In response to queries, an Air India spokesperson said that during this winter, northern India experienced unusually prolonged periods of dense fog affecting traffic at the airline's two largest hubs -- Delhi and Mumbai.
Prime Minister Narendra Modi and his Spanish counterpart Pedro Sanchez on Monday inaugurated the Tata Advanced System Limited (TASL)-Airbus facility in Vadodara to manufacture C-295 military aircraft in India.
The GMR group-run Delhi and Hyderabad airports have not only been gleaming examples of successful public-private partnerships, but they are also among the country's favourites.
Dubai International Airport is a major aviation hub in the Middle East, spread over an area of 7,200 acres.
Cabinet refers policy on aviation to GoM.
Union Civil Aviation Minister Praful Patel's dream to make Indian airports an international aviation hub may have to wait.
Civil Aviation Minister Vayalar Ravi said the government was considering extending financial support to Air India.
GMR evinces interest in the project.
The development comes on the heels of reports that CBI is planning to lodge an FIR against the officials of Airbus' parent company EADS, Indian Airlines and the aviation ministry for the inordinate delays in executing the project.
Long-term macro trends indicate growth in demand for air travel. Trends from the ticketing website MakeMyTrip indicate a likely annual growth of between 11-17 per cent in Indian air travel demand over FY24-30. Through that period, InterGlobe Aviation or IndiGo may continue to make gains in market share in both domestic and international travel, aided by large fleet additions. IndiGo is the largest global customer of Airbus by far with 950 aircraft orders outstanding.
These airports with all the modern amenities make travel a memorable experience for passengers.
There are 88 military personnel manning the three Indian platforms that have been providing humanitarian and medical evacuation services to the people of the Maldives for the last few years using two helicopters and a Dornier aircraft.
That would reverse the growth trend of around 11 per cent per annum, which the industry has logged over the past ten years, making it one of the most adversely-affected sectors of the economy.
'My one recommendation would be to first quell the violence and then encourage dialogue and build the trust among the different communities.' 'This is not easy but necessary, for violence cannot be the way forward.'
'The airport's name 'Maharishi Valmiki International Airport, Ayodhyadham' pays homage to Maharishi Valmiki, the sage attributed to composing the epic Ramayana, adding a cultural touch to the airport's identity.'
Air India to shift, unused capacity in existing bilaterals may be mobilised.
Amber Dubey explains why India needs to stop blocking competition if it ever wants to become the top aviation market.
The sector requires proper implementation of policies, coupled with reasonable taxes and improved basic infrastructure.
The President He said his administration will not allow any State agreements that may compromise the country's sovereignty, The Edition newspaper reported.
The intellectual vacuum that the government is often accused of is more than evident in the policy draft.
Vijay Mallya-led Kingfisher Training Academy plans to set up 25 centres by 2010 in the country."We plan to set up 25 centres nationally by 2010. We may be able to do that even earlier than 2010. In the next two months itself we will set up 12 centres," Rajesh Verma, executive vice-president, Kingfisher Airlines said.
Civil Aviation Minister Praful Patel's plans to make India a maintenance, repair and overhaul hub for aircraft in Asia are set to crash. China, once again, has left India way behind. While over 300 MRO companies are in operation in China, only three have set up shops in India - Max Aerospace, Airworks and Indamer.
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The ministry of civil aviation has disagreed with a proposal of the Prime Minister's Office to explore raising the cap on the number of weekly flights from Qatar in exchange for discounts on additional supplies of liquefied natural gas from there.
Although Gorakhpur is the largest urban centre and trading hub in Eastern UP, catering not only to the neighbouring district but also the adjoining Bihar and Nepal, it had been lacking in proper infrastructure of road and air connectivity, impeding the harnessing of its socioeconomic potential.
The ambitious cargo hub project proposed to be set up near Nagpur has run into rough weather.
The Civil Aviation Ministry is looking to increase air seat entitlement to Dubai by 20%.
