SP's AirBuz - ISSUE No 3-2021<< Previous Issue
We wish them the best for setting new milestones and series of successes in one of the most evolving sectors!
Flying cars do promise to cut the travel time, free us from the traffic woes, and certainly transform the way urban landscape looks
The upcoming generation of aircraft is sure to look very different from what we presently witness, aiming for lighter, quieter, safer and more efficient aircraft
The engines have been selected to power the airline’s fleet of 310 new Airbus A320neo, A321neo, and A321XLR aircraft
If the various emerging avenues the aero-engine industry is determinedly pursuing – such as allelectric, hybrid and hydrogen propulsion succeed, air travel could change beyond recognition in a few decades
The aviation sector contributes less than two per cent of the total global carbon emissions into the atmosphere, yet the industry has taken proactive steps to improve fuel efficiency and to reduce its carbon emission
Boeing forecasts strong aviation growth in India due to the country’s growing economy and an expanding middle class, fueling demand for more than 2,200 new jets valued at nearly $320 billion over the next 20 years.
While uncertainty looms large over global travel’s restoration, the airline industry has to overcome the financial grievances as well as innovate for transforming consumer behavior
Financial troubles for Jet Airways began to increase during the decade and by 2018, mounting losses began to make things difficult for the airline
The owners of Vistara Airlines namely Tata Sons and Singapore Airlines have together invested Rs 465 crore in the airline by issuing fresh shares into the airline, as per official documents collated by Tofler.
After being in the skies for 15 years, Wadia Group-owned GoAir has rebranded itself as ‘Go First’ as the airline focuses on ultralow-cost business model while the aviation industry is grappling with the COVID-19 pandemic.
April 17, 2021 marked the end of second year since Jet Airways was grounded over multi-crore unpaid dues after 25 years of operations. On October 17, 2020, the Committee of Creditors had voted in favour of the consortium UAE based Kalrock Capital and Entrepreneur Murari Lal Jalan.
After flying into the financial turbulence due to the COVID-19 pandemic, the airline sector expects passenger traffic to takeoff despite the problems afflicting the industry.
Airlines in India are under renewed pressure to raise cash or face the risk of having to downsize, consolidate or have their planes repossessed by lessors as a surge of COVID-19 infections roils travel.
Domestic air traffic nosedived to 19.20 lakh passengers in May 2021 from around 57.3 lakh in April, registering a sharp 65 to 67 per cent month-on-month contraction on account of the second wave of the pandemic.
Airlines in India are expected to post a consolidated loss of $4.1 billion in the financial year 2021-22, similar to loss that they are estimated to have incurred in 2020-21, taking the total losses of two years to around $8 billion as a result of the pandemic so far, as per a report by aviation consultancy and research firm CAPA.
As per a report from the Ministry of Civil Aviation, there are plans to set up eight new civil flying training institutions at five civil airports in the country with an aim to make India a global pilot training hub.
On March 12 this year, the Kempegowda International Airport in Bengaluru launched the country’s first dedicated Express Cargo Terminal. This was launched exclusively for export and import of international couriers.
As per the International Civil Aviation Organisation, commercial aircraft operators, airports and air traffic services are required to have a Safety Management System (SMS).
India’s first official beyond visual line of sight (BVLOS) medical drone delivery experiment is scheduled to begin late June 2021 in Gauribidanur, 80 km from Bengaluru.
On April 7, 2021, Sanjeev Kumar, an IAS officer of 1993 batch, Maharashtra Cadre, took over as Chairman, Airports Authority of India..., On April 26, 2021, Bombardier announced the appointment of Ève Laurier as Vice President, Communications, Public Affairs and Marketing...
Innovation is an integral part of Aviation as the industry needs to constantly reinvent itself. Be the innovations in airframes, propulsion, avionics or in the concept of transportation itself (urban mobility, air taxis, flying cars, etc.), the aviation sector relies on innovations to propel it forward and fly to new heights.