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.
Category: Aviation & Airports
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Poised to Take Off
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.
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There is huge potential for growth in the air cargo market
The reactions are positive and industry is also quite optimistic on the introduction of NCAP 2016. The objective of the government through NCAP is to establish an integrated ecosystem enabling significant growth of the civil aviation sector, which in turn would promote tourism, increase employment and lead to balanced regional growth.
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44 airports have potential for UDAN
About 44 airports across the country have high potential for operations under the Regional Connectivity Scheme (RCS) for civil aviation, UDAN, according to a report from industry body FICCI.
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Centre to spend $10 bn to develop airport infrastructure
A sum of $10 billion would be spent in the next five years to develop airport infrastructure in India so that the country could become the world´s third largest aviation market in seven years, Civil Aviation Secretary RN Choubey has said.
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Despite demonetisation, air passenger traffic rises 24percent in December
The government´s demonetisation move, which reportedly hit demand in several sectors, has not had any impact on air travel in the country. The Indian aviation industry´s strong passenger growth continued unabated in December when domestic airlines flew 23.91 per cent more passengers than a year earlier, according to latest data from the Directorate General of Civil Aviation (DGCA).
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Govt gets 45 proposals under UDAN
The Centre´s UDAN (Ude Desh Ke Aam Naagrik) scheme, which seeks to boost regional air connectivity, provides for various incentives to airlines with fares for one-hour flights capped at Rs 2,500.
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AAI plans to partially privatise Ahmedabad, Jaipur airports
The Airports Authority of India (AAI) plans to partially privatise Ahmedabad and Jaipur airports by this fiscal for which proposals have already been invited from interested parties.
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44 airports have potential for operations under UDAN | FICCI
About 44 airports across the country have high potential for operations under the Regional Connectivity Scheme (RCS) for civil aviation, UDAN, according to a report from industry body FICCI.
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AP poised to be regional aviation hub | CM
Andhra Pradesh Chief Minister N Chandrababu Naidu has said that Andhra Pradesh was well-positioned to emerge as an aviation hub with Vijayawada (Gannavaram) airport registering an impressive growth in passenger traffic. The other two major airports at Visakhapatnam and Tirupati were also making rapid strides.