Page 4 - Aviation Sector In India

Airlines have to sit children younger than 12 with parents: Regulator

The DGCA has made it mandatory for airlines to assign seats for children up to 12 years old when at least one parent or guardian is traveling on the same PNR

Passenger footfall at Mumbai airport rises 16% to 52.8 million in FY24

The airport saw 26 million passengers on arrivals and 26.7 million on departures in FY24

Odisha to set up Rs 562 cr aviation centre to meet future demand for pilots

The Odisha government has decided to set up a Rs 562-crore aviation training centre to meet future demand for pilots and skilled personnel in the sector, a minister said. A proposal to set up Biju Patnaik Aviation Centre (BPAC) at Birasal airstrip in Dhenkanal district was approved at a cabinet meeting chaired by Chief Minister Naveen Patnaik on Saturday. The proposed centre will provide training for pilots, simulators and cabin crew, Revenue Minister Sudam Marndi told reporters after the cabinet meeting. The training centre will be established in accordance with the Civil Aviation Policy-2022 of the state government, he said. India faces a pressing need to consistently produce 2,000 pilots annually over the next 20 years to meet the escalating demand, and the aviation training centre aims at creating 500 professionals annually, an official said. The proposed training institute will significantly benefit the local economy and support the growth in the tourism and hospitality secto

Ola sets up cab zone at Chennai int'l airport for airline passengers

Ride-hailing platform Ola Mobility has set up Ola Zone at the Chennai International Airport here, aimed at serving the passengers who need a ride for their local journeys, the company said on Wednesday. The launch of service at the airport comes in the backdrop of the memorandum of understanding signed between the Airports Authority of India and OLA Cabs with an intent to provide and ensure the presence of multiple facilities of ground transportation for the convenience of passengers traveling through the airports. The Ola Zone, similar to the cab services currently available at the airport, allows customers to book a ride at the Ola Zone to take up their local journey, instead of availing the services through the Ola mobile application. Booking assistance would be provided at the dedicated kiosks for the travelers who would receive all charges in a single bill, while the drivers would be able to benefit from a cashless checkout system, eliminating payments at entry and exits of the

Govt plans biometrics-based immigration for international passengers

Government initiative aims to streamline airport processes and elevate India's airports as global transit hubs

NIIF to invest Rs 675 crore in GMR's Bhogapuram airport in Andhra Pradesh

This is part of the financial partnership announced in December 2022 in which NIIF would invest in the equity capital of three airport projects of the GMR group

Government may implement 2-month asset freeze of airlines under insolvency

To prevent immediate repossession of aircraft by lessors after default, the government is contemplating a two-month moratorium rule for the aviation sector

Delhi Airport saw highest-ever single-day passenger traffic on November 28

Delhi Airport also witnessed the highest-ever traffic in the first 8 months of a financial year at 47.8 million

Indian carriers could incur up to $1.2 bn per year for 200 grounded planes

The standard monthly cost an active aircraft incurs is about $1 million and if it's grounded, the cost comes down to $0.5 million, according to CAPA's 'conservative' estimates

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

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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