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Tag: MRO
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Flaws in civil aviation policy will be resolved over a period of time
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
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The Digital Advantage
In the year 2007, B2C e-commerce started gaining acceptance in India. This was the year when the industry picked up pace, the common man started warming up to the idea of shopping online, and a number of start-ups came into the scene.
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National Civil Aviation Policy to develop infra, boost tourism
Ashok Gajapathi Raju Pusapati, Minister of Civil Aviation, has said that the government has taken a number of initiatives to make tourism affordable and accessible to the international traveller. He was speaking at a plenary session on ‘Core Infrastructure for Tourism’ at the Incredible India Tourism Investors’ Summit organised by the Ministry of Tourism in partnership with the Confederation of Indian Industry and the Tourism Finance Corporation of India.
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Government plans to make India a hub for aircraft maintenance
In an effort to make India a hub for aircraft maintenance and repair, the government plans to set up two new facilities in the country to scale up the sector currently valued at around Rs 5,000 crore.
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We need to address issues on safety, security, infrastructure, revenue models and private sector participation
Aircraft maintenance, repair and overhaul (MRO) providers play an essential role in the aviation industry by assuring the safety and air-worthiness of each aircraft. It is estimated that the global MRO market is worth up to $50 billion.
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There are several challenges the government needs to address to sustain investors´ interest
Dr S Vasudevan, Director, Aerospace & Defence, KPMG Advisory Services Private Limited, shares his view on the scenario in aviation infrastructure in India and overseas with Janaki Krishnamoorthi.
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Private players should infuse Rs.50,000 cr
At present, the financial status of the aviation industry is not sound. We have to recognize the potential of the industry. India can be a proposed hub. In global aviation ranking, the Indian aviation sector stands at ninth position.
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Aviation Sector: Status Check and Roadmap
In the past decade, the Indian aviation industry has emerged as the 9th biggest aviation industry in the world. However, high taxes and slow pace of regulatory reforms have adversely impacted the growth of this industry.
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Airbus in talks for stake in GMR´s MRO unit
The GMR Group is in discussion with Airbus for a possible stake sale in its aircraft maintenance, repair and overhaul (MRO) unit in Hyderabad.
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