India’s airlines have asked the Directorate General of Civil Aviation (DGCA) to provide clarity as per new guidelines on pilot certification requirements when foreign-registered aircraft are leased and operated in India. “Currently, the only way to operate foreign-registered aircraft in India is to wet lease them, which means the pilots and crew come with the […]
Continue Reading... No Comments.Describing India as among the “most open” aviation markets, international airlines grouping IATA’s chief Alexandre de Juniac has said the country stands to benefit from the regional air connectivity plan but imposing levy on carriers can disrupt competitive conditions. While being appreciative of the Indian government putting in a “consistent plan” for the aviation sector, […]
Continue Reading... No Comments.Considering the huge potential the aerospace and aviation industry holds, the country should double its turnover in the next five years, said Union Minister Ananth Kumar. Addressing a conclave organised by the Bangalore Chamber of Industry and Commerce (BCIC) on Indian aerospace and aviation industry, Kumar said: “If the Indian aerospace and aviation sector needs […]
Continue Reading... No Comments.The Government said it has already infused funds to the tune of Rs 23,993 crore in the National flag carrier Air India from 2011-12 till November this year. Air India is surviving on a Rs 30,231 crore bailout package extended by the previous UPA government in 2012 for a 10-year period and also equity support […]
Continue Reading... No Comments.The airlines are set to add an additional capacity of 20-25 per cent over the next three to four years, even as mounting competition and price war are eating into their yields impacting the bottomlines, says a report. Despite falling yields, due to increasing competition and the resultant hit on profitability, the airlines’ capacity addition […]
Continue Reading... No Comments.The global airline industry expects to earn $35.6 billion during 2016, a record profit, though it is slightly less than the original expectation, said Alexandre de Juniac, Director General and Chief Executive Officer, International Air Transport Association (IATA), on Thursday. In June this year, IATA had estimated that the global industry will report a profit […]
Continue Reading... No Comments.Government’s plan to raise specialized force for guarding the civil aviation sector has been shelved, even as the global civil aviation body, International Civil Aviation Organization (ICAO) had recommended India to put up an effective safety mechanism and specialized security force in the wake of terror attacks and suicidal bombings at major international airports globally. […]
Continue Reading... No Comments.Airbus Corporate Jets has won another commitment for an ACJ320neo, highlighting the continuing success of its new aircraft family. The latest deal adds to the seven orders already won by the ACJ320neo Family, taking total orders and commitments to eight, comprising six ACJ320neo and two ACJ319 neo aircraft. Capitalising on new-generation engines and Sharklets at […]
Continue Reading... No Comments.Civil Aviation Ministry recently launched AirSewa, an app that fliers can use for putting forward their grievances against airlines and airports. Civil aviation secretary Rajiv Nayan Choubey spoke to Shahkar Abidi on the sidelines of an event held in New Delhi where he discussed about changes that are taking place in the industry as part […]
Continue Reading... No Comments.Lobby group Business Aircraft Operators Association (BAOA) on Monday called for multiple government interventions to ensure the sector’s rapid growth. The association unveiled its first industry report authored by Dubai-based consulting firm Martin Consulting in New Delhi. The report found that business aviation has grown by a meagre 2% over the last five years, and […]
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