Page 4 - Aviation Sector In India

Foreign airlines see India's potential as global aviation hub for APAC

Executives at Japan Airlines and Thai Airways see India as a transit hub to connect Asia Pacific with West Asia and Africa

New national policy may turn India's airports into global transit hubs

If enacted, the policy will address challenges such as double security checks and immigration bottlenecks to better streamline travel

Only 19% of claims by creditors admitted: Go First RP tells Court

In total, there are 8,019 creditors, out of which claims of only 6,604 have been admitted, while the claims of the remaining are under verification

Akasa's future: CEO Dube seeks to douse fire lit by lawyers' closure claims

Akasa's lawyers had said in the Delhi HC on Tuesday that the airline was in a "state of crises" and might "shut down" due to the abrupt resignation of 43 pilots to join rival airlines

Statsguru: Six charts explain trouble in India's aviation sector is not new

But the bankruptcy came at a time when things were finally starting to look up for the industry

Go First has access to Rs 300 cr, will start ops at the earliest: Exec

Wadias infused Rs 290 cr in the airline in April. Under the Emergency Credit Line Guarantee Scheme, the airline can draw an equivalent amount in loans from banks

China's uncertain reopening prompts Malaysia Air to target Indian market

Malaysia Airlines will operate 60 flights a week to South Asia this year, compared with just 27 services to China

No plans to give more bilateral rights to W Asian carriers: Rajiv Bansal

All West Asian carriers have been asking for additional seats for several years, but India hasn't acquiesced, Bansal said

Aviation sector seen returning to profit in FY24 on higher traffic, pricing

Although competition from Tatas and Akasa could increase, analysts see 25% upside in IndiGo

LIVE: Mandous Cyclone in Andhra Pradesh, rivers overflow in several areas

Catch all the latest news and updates from around the world here

India needs 1,000+ pilots annually, but training infra in short supply

Given the growth in the aviation sector it is expected that India is likely to require over 1,000 pilots per annum over the next five years

69% Go First flights delayed on average in past three days; DGCA to probe

Airline forced to raise utilisation of its operational planes; delay as high as 82% on Saturday

ICAO audit of India's aviation sector to commence from November 9

The International Civil Aviation Organization (ICAO) will start its comprehensive audit of India's aviation sector from November 9, according to official sources. The audit will cover various areas, including flight standards, licensing and airworthiness, the sources told PTI. The sources said the audit will start from November 9 and go on till November 15. The ICAO, a specialised agency of the United Nations, had carried out a comprehensive safety audit in 2018. The audit starting next week will be the first ICAO audit of the Indian aviation sector post the coronanvirus pandemic. India's civil aviation sector is on the recovery path after being significantly impacted by the pandemic and air traffic is gaining momentum. Scheduled international flights to and from India re-commenced after remaining suspended for little over two years in March this year. Also, Indian carriers are expanding their services to cater to the rising traffic demand.

Battle for skies: Tatas kick-start Air India fleet expansion via leasing

Airline to offer premium economy class

Civil aviation sector to employ 100,000 more people by 2024: Ministry

During 2019, 2020 and 2021, at least 2,368, 400 and 296 pilots were recruited, the aviation ministry stated

Jet fuel prices at all-time high with 5.3% hike; 10th increase this year

The price of aviation turbine fuel (ATF) was hiked by Rs 6,188.25 per kilolitre, or 5.29 per cent, to Rs 1,23,039.71 per kl (Rs 123 per litre) in the national capital

Nearly 10% of jobs in aviation lost in Apr 2020 and Dec 2021: Govt

As on March 31, 2020, the number of employees working with Indian airport operators was 73,400, which reduced to 65,700 by December 31, 2021, Singh said

Airbus in talks with Tatas, Indian carriers for A350XWB aircraft

Wide-bodied planes like A350XWB have larger fuel tanks that allow them to travel longer distances as compared to narrow-bodied aircraft like A320NEO

Investments worth Rs 91,000 cr expected for airports development: Govt

The government has accorded in-principle approval for setting up 21 greenfield airports

Smooth flight or turbulence ahead for India's airlines?

The aviation sector in India is building up momentum. But after being battered by two waves of Covid-19, is the sector headed for clear skies? Or is there more turbulence ahead? Let's find the answer