“Growth is assured but another 20%+ year will be a miracle & dream”. This was the last line of the blog last year and what better way to start this one with the same since that has come true. Indian aviation market grew by 17.3% in 2017 with airlines carrying 117.17 million passengers. These numbers…
Last week, the Hon. Minister of Civil Aviation tabled before the parliament, proposed Fleet expansion of Airlines in India. The plan submitted by airlines looks as below Air India: Will induct 3 B777-300ER and 16 A320 aircraft between December 2017 and March 2019. AirAsia India: Will induct 60 aircraft in the next 5 years. Go Air:…
2017 has seen unprecedented increase in flights between India & Bangkok. While airlines from many other countries have increased flights to India, the case of Bangkok is unique as Indian carriers are launching additional flights and connecting tier II cities. The first three quarters of the calendar year has seen the traffic grow 17% between…
The year 2017 has been turbulent for airlines in India on the On Time Performance (OTP) front. Early this year, two staffers of Mumbai International Airport (MIAL) were suspended for alleged fudging of data. While news reports indicated the regulator setting up a committee, neither did we see the report nor did we hear about…
We are a year away from the IATA Resolution 753 coming into effect. The resolution was agreed in 2016 and becomes effective June 2018, requiring each IATA member airline to track every piece of baggage from the start of the journey all the way through to its finish, including at transfer points. Global IT major…
The National Civil Aviation Policy (NCAP) completes a year on 15th June 2017. The policy which was announced amidst fanfare last year was the result of extensive consulting and feedback from general public resulting in multiple iterations leading to the final policy. A year is too less to evaluate and look at the policy since…
Estimates suggest that eight out of ten diamonds polished worldwide are cut in Surat. Some of the biggest names in Petrochemicals – Essar, Reliance, Shell, ONGC have business in neighboring Hazira which houses a deep-water LNG terminal and over a quarter of the total fabric production in the country is around Surat but the city…
