Tag Archives: Indian aviation industry

Chhatrapati Shivaji Maharaj International Airport (CSMIA) has woven sustainability into every aspect of its operations, driven by a deep understanding of the environmental impact of modern air travel. Through initiatives in waste reduction, energy conservation, and resource management, CSMIA is setting a new benchmark in the Indian aviation industry—leading the way towards a cleaner and greener future in air travel. Minimising waste across operations At the core of CSMIA’s sustainability efforts is a powerful waste management system that has diverted 99.6 per cent of its waste from landfills. CSMIA has streamlined various initiatives to minimise waste across the operations: Waste Segregation and Recycling: A comprehensive waste management system includes waste segregation at source and safe disposal through authorised vendors across both commercial and cargo operations. Plastic Waste Reduction: CSMIA is a proud flag bearer of green initiatives in the Indian Aviation industry, under which Reverse Vending Machines (RVM) were installed to encourage passengers and the airport community to recycle plastic bottles by safely disposing them in RVM’s Organic Waste Management: Organic waste from food and beverage outlets is processed in an on-site composting facility, producing compost for landscaping. E-Waste Management: The airport has set up e-waste collection points for the proper collection of electronic waste generated within the airport. Mumbai Airport disposes all the e-waste via authorised vendors. Tissue-less toilets: To minimise paper waste, hand dryers have been installed in washrooms, significantly cutting tissue paper consumption. Through these innovative steps, CSMIA is creating cleaner, greener, and more sustainable airport experience. Engaging passengers in sustainability efforts A key part of CSMIA’s sustainability drive is engaging passengers to create a culture of shared responsibility. To make recycling simple and intuitive, CSMIA has …

Indian aviation industry is set to scale new heights. According to a recent report by ICRA, the domestic air passenger traffic is estimated at 154 million for FY2024, which represents a YoY growth of 13%, in line with ICRA’s estimates. Further, the domestic air passenger traffic in FY2024 has surpassed the pre-Covid levels of 142 million in FY2020 as well.

Jyoti Mayal, President, TAAI, highlighted, “The increase in the number of flights and routes will automatically reduce the airfares. It is always a demand-supply story. If the demand for flights is too much and the supply is less then fares will be at peak, but if it balances out, fares will come down on their own. Probably, the domestic market will keep on moving in the current scenario, but high fares can affect our inbound numbers. An international traveller in India compares it with other countries, which are cheaper than India at times. This is going to impact the international arrivals to 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.

According to ICRA estimates, considering the operating expenses of the Indian aviation industry in FY2019 and that 35-42 per cent of their expenses are fixed in nature, it is estimated that the industry will report a net loss of Rs 75-90 crore per day of shutdown of operations. While some airlines have sufficient liquidity and/or financial support from a strong parentage, which will help them tide over this disruption, some airlines, who are already in financial stress, will face serious troubles.