Leasing company BOC Aviation Limited, which has dealt extensively with Indian carriers, has announced the delivery of its 200th Boeing plane to Lion Air Group.

All states will implement GST by July 2017. The Constitution Amendment Bill for Goods and Services Tax has been approved by the President of India post its approval in Parliament (Rajya Sabha on 3 August 2016 and Lok Sabha on 8 August 2016) and ratification by more than 50 per cent of state legislatures.

Leasing company BOC Aviation Limited, which has dealt extensively with Indian carriers, has announced the delivery of its 200th Boeing plane to Lion Air Group.

AirAsia India is likely to commence international operations from the second half of the next calendar year, as it is expected to possess a fleet of 20 aircraft by mid-2018.

A proposal by the GMR Group for converting an aviation SEZ into a multi-product SEZ has been rejected by the Expert Appraisal Committee (EAC) under the Union Ministry of Environment, Forests and Climate Change

The decision of the Government of India to spend $10 billion towards airport infrastructure development is a critical move. India is one the few nations in the globe which has recorded a year-on-year passenger growth of nearly 23 per cent.

The new civil aviation policy is aimed at creating an ecosystem of affordable flying for the masses as well as easing industry-related concerns which were long due. To do so, the policy has addressed issues from the regulatory, financial and operational perspectives in a comprehensive manner in three main areas

The new aviation policy has brought in a lot of forward-looking changes to boost the slumping aviation industry; these changes have been made to make the industry more dynamic and lucrative for all the players and to level the playing field. One of the major changes which have been welcomed by the smaller airlines is that, prior to the policy change, an airline needed to have 20 planes and five years of local operations to fly overseas.

Airports are the next infrastructural buzzword that will be the game-changer in India´s developmental leap. This buzzword is expected to be exploited using existing growth drivers like exponential growth in passenger traffic and incremental cargo volumes over the next decade.