Tag Archives: aviation

200-250 surplus aircraft expected over next 6-12 months: CAPA India

According to the latest update by CAPA on the state of the Indian aviation industry, Indian carriers will require a domestic fleet of around 300-325 aircraft from Oct-2020 onwards, and an international fleet of 100-125 aircraft. The total fleet size of 400-450 aircraft would still mean that the current fleet of 650 represents a surplus of 200-250 aircraft for a period of 6-12 months. While a gradual path towards normality could be expected during Q3 and Q4, the Indian aviation sector is likely to shrink significantly, even if some of the vulnerable airlines manage to survive. This estimate may still be conservative and assumes that Q1 FY2021 will be almost written-off, with traffic limping back during the weak second quarter, followed by a gradual trajectory towards normality during the second half of the financial year.

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Nagpur airport to be an international airport?

“Maharashtra is an industrial state and the way aviation sector is witnessing growth, there is a demand for more infrastructure and more airport spaces,” said Devendra Fadnavis, Chief Minister, Maharashtra, at the first Global Aviation Summit in Mumbai. As one of the key speakers of the inaugural session, Fadnavis focused on how aviation contributed to 15 per cent of the national GDP. Welcoming all the dignitaries and ministers to the financial and entertainment capital of India, the chief minister highlighted the importance of growth in the aviation sector and said that Mumbai is proud to be one of the most efficiently managed airports in India. Fadnavis thanked Suresh Prabhu, Minister of Civil Aviation and Commerce and Industry for choosing Mumbai as the venue for the summit. Mentioning the construction of the Navi Mumbai airport, which is touted to be operational by 2020, the minister said that the airport will offer a unique experience to travellers. The airport has capacity to add 1 per cent to our GDP and apart from it, there are 9 airports in the pipeline in the state. While Pune airport is being developed to cater to one of the major IT hubs in the country, Nagpur airport is being developed for its strategic location in national and international flight routes. All metros in India are around an hour’s distance from Nagpur via flight and this connectivity has called for more attention to its infrastructure development, the chief minister added. The connectivity between South East Asia and Europe also passes through Nagpur and hence facilities at the airport are one of the best that have been created. A passenger and cargo hub will also be created in …

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AAI signs MoU with Uttarakhand for development of aviation

Airports Authority of India (AAI) has signed an MoU with Government of Uttarakhand and collaborated with Uttarakhand Civil Aviation Development Authority (UCADA) to develop the civil aviation sector in the state. The MoU aims to identify relevant factors influencing the development of civil aviation infrastructure in Uttarakhand; assessing commercial potential of various airports of the state; identifying technical considerations for airport operations in the state; evaluating site related technical and engineering parameters for development of projects, making estimate of the capital outlay for the future projects and development of master plan for existing and future civil aviation infrastructure in the state. AAI will also assist UCADA in obtaining necessary clearances for airport operations starting with the upgraded airport at Pithoragarh and later at Chiniyalisaur. The MoU was signed by S. Ramaswamy, Chief Secretary, Government of Uttarakhand and Anil Gupta, General Manager (Business Development). Ramaswamy said that the Government of Uttarakhand is determined to fulfil the long pending requirement of operational airports within the state. The new airports would also be part of the Regional Connectivity Scheme and will boost tourism and air connectivity for the local public.

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ITDC conducts hospitality training for Air India staff

India Tourism Development Corporation Ltd. (ITDC), signed a Memorandum of Understanding (MoU) with Air India to upgrade the skills and knowledge base of the national airline’s senior executive & cabin crew in hospitality and service industry. The MoU was signed in the presence of Ashwani Lohani, Chairman and Managing Director, Air India and Sudha Chandra, Principal, Ashok Institute of Hospitality & Tourism Management (AIHTM) and General Manager, HRD ITDC at Air India Head Quarters, New Delhi on May 29, 2017. In line with the MoU, AIHTM conducted a 5-Day training program on Leadership Excellence from July 11-15, 2017 for the first batch of senior executives of Air India at Hotel Samrat, Delhi. Speaking oat the Valedictory function held at Hotel Samrat on July 15, 2017, Piyush Tiwari, Officiating Chairman &Managing Director and Director Commercial & Marketing, ITDC said that, “ITDC is grateful to Air India and Shri Ashwani Lohani for their faith in ITDC’s expertise in hospitality training and management. We are proud that we have been the biggest force to drive tourism in India and have always contributed in nation building and progressive development of the industry. Our talented team at AIHTM has specially designed curriculum for Air India employees in consultation with best faculties and Air India management. We are going to plan more programs in the coming quarters for enforcing strength and leadership quality in other organisations as well. ITDC and Air India are two most prominent and visible PSUs in service sector and have lots of common traits and can work for mutual benefit.”  

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AI’s non-stop Delhi-Stockholm service from Aug 15

Air India will commence non-stop flight service between Delhi and Stockholm from August 15, 2017. The flight will operate thrice a week (Wednesdays, Fridays and Sundays) with each flight roughly having eight-hour duration. Ashwani Lohani, Chairman & Managing Director, Air India, said, “As part of Air India’s international route network expansion plans, we are happy to announce the Delhi-Stockholm direct flight from August 15, 2017. The flight will be operated thrice a week on Boeing 787 Dreamliner aircraft.” The flight will depart from Delhi at 1400 hrs (IST) and land at Stockholm at 1820 hrs (CET). The return flight will leave Stockholm at 2100 hrs (CET) and reach Delhi the next morning. “This comes at a very positive time in our relations and will continue to strengthen our partnership for the future. We appreciate the importance it will have for our bilateral relations, especially for people-to-people relations, for tourism in both directions, for students and for business and investment,” said Ann Linde, Minister for EU Affairs and Trade, Ministry for Foreign Affairs, Govt. of Sweden, who is currently on a two-day visit to India. Incoming traffic from India to Sweden has grown over the years. In 2016, Sweden had 175,088 bed nights (commercial overnight stays) from India as per the statistics fromTillväxtverket (the Swedish Agency for Economic and Regional Growth) which was 128% up from the bed nights registered in 2011. “For us, India is a market with great potential for Swedish Tourism. During the last five years more and more Indians chose Sweden as their holiday destination. Beautiful nature, unique experiences such as the Northern lights, and its progressive lifestyle makes Sweden an exciting emerging destination for Indian travellers. …

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India dominates domestic airline growth chart

According to IATA, India has topped the domestic growth chart for the 11th consecutive month with a 22.7 per cent year-on-year traffic growth in October, supported by significant growth in real consumer spending and increases in the number of airport pairs served. Asia-Pacific airlines’ traffic rose 7 per cent in October compared to the year-ago period. Capacity rose 7.1 per cent and load factor dipped 0.1 percentage point to 76.9 per cent. The strong upward trend in seasonally-adjusted traffic has slowed in recent months, although it is too soon to determine whether this is an actual weakening or just a brief pause. On the other hand, the Asia-to-Europe market, which is highly sensitive to shock events, is continuing to recover.

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