Explore Business Standard
Airline Sector
Airlines in India and South Asia will need nearly 3,300 new planes by 2044 as air traffic demand is on the rise, US aircraft maker Boeing said on Wednesday. Single-aisle jets or the narrow-body planes will account for nearly 90 per cent of these projected deliveries at 2,875 while wide-body aircraft will be at 395. In its Commercial Marker Outlook (CMO) for South Asia, Boeing also said airlines in the region would require about 45,000 pilots, 45,000 technicians and 51,000 cabin crew, over the next two decades. India is a growth market and the country will add more planes, Boeing Managing Director of Commercial Marketing, Eurasia and Indian Subcontinent Ashwin Naidu said. According to him, India is the fastest growing region, with the fleet quadrupling over the next 20 years. He presented the CMO on the sidelines of the four-day aviation summit Wings India 2026 in the city. "India and South Asia's passenger air traffic will rise an average of 7 per cent annually over the next 20 y
Tata Group-owned Air India has taken delivery of the first line fit Boeing 787-9 aircraft, which is also the first Dreamliner to join the airline's fleet in more than eight years. An official on Thursday said Air India completed the title transfer of the Dreamliner at the Boeing's Everett factory in Seattle on January 7. After inspections by the Directorate General of Civil Aviation (DGCA), the aircraft, also first line fit Dreamliner to be taken by Air India after privatisation in January 2022, is expected to arrive in India in the next few days. The new aircraft has a three class configuration -- economy, premium economy and business class seats. The last line fit Dreamliner that was acquired by Air India was in October 2017 when the carrier was under the government ownership. Generally, line-fit refers to an aircraft specifically made for a particular airline. According to the official, the latest aircraft is the airline's first wide-body and 52nd overall delivery from the 220
The Trump administration on Thursday said it is abandoning a Biden-era plan that sought to require airlines to compensate stranded passengers with cash, lodging and meals for flight cancellations or changes caused by a carrier. The proposed rule would have aligned US policy more closely with European airline consumer protections. It was proposed last December in the final weeks of then-president Joe Biden's administration, leaving its fate in the hands of his Republican successor. In a document posted on Thursday, President Donald Trump's Transportation Department said its plan to scrap the proposed rule was consistent with Department and administration priorities". Industry trade group Airlines for America, a vocal critic of the proposal, said it would have driven up ticket prices for consumers. We are encouraged by this Department of Transportation reviewing unnecessary and burdensome regulations that exceed its authority and don't solve issues important to our customers," the gr