Archive For April, 2014
The high growth in Indian aviation market and spread of regional services was being hampered by over-taxation and lack of infrastructure in smaller cities, according to a FICCI-KPMG report. “It is a well known fact that the Indian aviation industry is overtaxed and this is being reflected in the industry’s lack of competitiveness at the […]
Airbus today said India will need more than 1,290 aircraft, worth at least $190 billion, over the next 20 years. The aircraft manufacturer said Indian carriers will require more planes between now and 2032 than what it had forecast in 2012, according to its latest report released at the India Aviation 2014 air show here. […]
India has set its eyes on the domestic regional and remote area connectivity to expand the sector. An estimated ₹74,000 crore will be pumped in to develop the airport sector in the next few years. Of this, the private sector is expected to contribute ₹56,700 crore. “Our air traffic density is lowest among the peers […]
Global aviation major Airbus has restructured its India operations to consolidate strengths and tap the growing market. It has created a fully owned subsidiary called Airbus India by grouping its activities in the country. Mr Srinivasan Dwarakanath is the new Chief Executive Officer and Charles Champion, member of the Airbus Executive Committee, is the Chairman. […]
Heeding to years of pleas and protests by differently abled people, the government has finally come out with detailed rules governing their air travel by making it clear that no airline would refuse to fly them. Airlines and airports have been asked to provide all required facilities and assistance to meet the needs of the […]
Major policy decisions that could have a far reaching impact on the Indian civil aviation sector will have to await the formation of a government after the General Election. These include setting up a new regulator for the sector (the Bill to that effect awaits Parliamentary clearance) and having a new aviation policy in place. […]
The government intends to set up a civil aviation university to cater to the growing need for skilled manpower in the civil aviation sector, Union Civil Aviation minister Mr Ajit Singh said. “This will enhance our capacity to produce world class skilled manpower in the aviation sector,” Singh added while inaugurating the India Aviation 2014 […]