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.
Tag: aviation
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Recovery from demonetisation is a foregone conclusion
There is definitely going be a short-term impact of demonetisation on the industry. The November 2016 sales of two-wheelers, four-wheelers and the automotive industry in general has taken a beating.
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Aviation market clocks 25% growth in passenger traffic
India´s aviation sector is soaring high, with the month-on-month passenger growth for the month of July hitting a record 25 per cent. The total number of passengers carried by domestic airlines during the January to July 2016 period was 560.87 lakh versus 455.95 lakh during the corresponding period of previous year, thereby registering a growth of 23.01 per cent, says the latest data released by DGCA.
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Aviation security needs redefinition
Spaced apart by 99 days, the two big terror attacks of this year have targeted airports, first Brussels and then Istanbul forcing, for the first time since 9/11, a rethink of what aviation security should come to mean.
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Airports Authority of india chalks out Rs.15,000-cr upgrade plan
In its biggest-ever investment outlay, Airports Authority of India (AAI) has chalked out a plan to invest Rs.15,000 crore over the next four years in the development and upgrade of airports.
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DGCA likely to issue guidelines on block hours
Aviation regulator DGCA is likely to come out with fresh guidelines on block hours, a yardstick for on-time performance, to remove disparity among airlines. Block hours refer to the moment a commercial aircraft leaves the departure gate until it lands and reaches the arrival gate, or till its engines are working.
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Aviation min scraps second approval for import of aircraft
Scheduled airlines as well as non-scheduled operators in the country will no longer have to seek the civil aviation ministry´s approval for importing aircraft after having secured an in-principle approval prior to entering into negotiations for purchasing the aircraft.
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What we offer is good international practices
Jairam Panch, Managing Director, Turner Project Management India Pvt. Ltd, says the Indian market needs to improve in the areas of planning, skill development and training.
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Gaining Lost Ground
With a stable, reform-friendly government in place, the Indian infrastructure growth story is looking for the right implementation strategy and on-ground action. Here are the key current infrastructure trends and the outlook for 2015.
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Story of an engineering art deco
Octamec Engineering Limited founded in 1983 by a dynamic Aeronautical Engineer from Mangalore Mr. Navin Hegde who introduced 1st time ever in India, a marvelous engineering solution which provided a free span column free lightweight engineering structure technology called SPACEFRAMES.