Indian Aviation Industry

Union Minister for Civil Aviation Jyotiraditya Scindia has said that India's aviation industry has become the third-largest domestic aviation market in the world.

Keen on ensuring self-reliance in naval aviation equipment through indigenisation of the same, the Indian Navy recently met with local industries from Coimbatore to discuss with them its requirements.

Indian drone industry will have a total turnover of up to Rs 15,000 crore by 2026 as the government has given a major boost to the sector with the production-linked incentive scheme announced on Wednesday, Aviation Minister Jyotiraditya Scindia said.

According to Ministry of Civil Aviation, even footfalls across 97 Indian airports between January 2021 and July 2021 saw a decline of 40 per cent.

Akbar Al Baker said that the Indian aviation industry is very regulated and regulations stifle growth. "I think that it is incorrect for the authorities to stifle competition just to protect one or two other airlines. You should leave it to survival of the fittest," he asserted.

COVID-19 Impact On Indian Aviation Sector In 2020: It was projected that the Indian aviation industry will lose a combined $6-6.5 billion in FY21, of which airlines will account for $4-4.5 billion

The aviation industry has achieved a load factor of just around 55 per cent in the first quarter of this financial year despite operating at merely 30 per cent of its usual capacity.

The coronavirus pandemic is expected to impact more than 29 lakh jobs in the Indian aviation and dependent industries, global airlines' grouping IATA said on Friday.

More than 20 lakh jobs are at risk in India's aviation space and dependent sectors in the wake of the coronavirus pandemic, according to global airlines' grouping International Air Transport Association (IATA).

All Indian airlines will report significant losses in the first quarter of this year and may initially ground around 150 planes as the shock from the coronavirus pandemic will be "far deeper and much longer", according to a report. Aviation advisory firm CAPA India on Wednesday said even before COVID-19 (coronavirus) appeared on the scene, most Ind...

Industry bodies, including Indian Association of Tour Operators (IATO), and ASSOCHAM, foresee job losses in the sectors as companies try to tide over the situation by removing non-essential work forces and stopping recruitment, while calling the government to review the decision to suspend visas for a month and allow inbound travel through limited ...

An employee of Paytm has tested positive for coronavirus, pushing the e-wallet company to shut its Gurgaon office for two days. This is the 29th case that tested positive in India. The figures took a leap after a group of 15 Italian tourists tested positive for the disease over the last 24 hours. An Indian driver, who was travelling with them, has ...

Ratings agency Standard and Poor's Indian unit, Crisil, warned on Monday that nearly three gigawatts of solar power projects worth $2.24 billion could be at risk of penalties for missing a July 2020 completion deadline as the coronavirus hit solar industry supplies.

Lockheed Martin said it is strengthening and growing its partnerships with the Indian industry to support the company's F-21 proposal for the IAF.

Ankur Bhatia, Managing Director, Amadeus, Indian Subcontinent believes "the government should actively consider addressing the two concerns the aviation industry is currently grappling with. First, a hike in foreign direct investment is highly warranted. Other sectors have been allowed to have FDI via automatic route. Considering the fact aviation ...

Union Minister for Civil Aviation Jyotiraditya Scindia has said that India's aviation industry has become the third-largest domestic aviation market in the world.

Keen on ensuring self-reliance in naval aviation equipment through indigenisation of the same, the Indian Navy recently met with local industries from Coimbatore to discuss with them its requirements.

Indian drone industry will have a total turnover of up to Rs 15,000 crore by 2026 as the government has given a major boost to the sector with the production-linked incentive scheme announced on Wednesday, Aviation Minister Jyotiraditya Scindia said.

According to Ministry of Civil Aviation, even footfalls across 97 Indian airports between January 2021 and July 2021 saw a decline of 40 per cent.

Akbar Al Baker said that the Indian aviation industry is very regulated and regulations stifle growth. "I think that it is incorrect for the authorities to stifle competition just to protect one or two other airlines. You should leave it to survival of the fittest," he asserted.

COVID-19 Impact On Indian Aviation Sector In 2020: It was projected that the Indian aviation industry will lose a combined $6-6.5 billion in FY21, of which airlines will account for $4-4.5 billion

The aviation industry has achieved a load factor of just around 55 per cent in the first quarter of this financial year despite operating at merely 30 per cent of its usual capacity.

The coronavirus pandemic is expected to impact more than 29 lakh jobs in the Indian aviation and dependent industries, global airlines' grouping IATA said on Friday.

More than 20 lakh jobs are at risk in India's aviation space and dependent sectors in the wake of the coronavirus pandemic, according to global airlines' grouping International Air Transport Association (IATA).

All Indian airlines will report significant losses in the first quarter of this year and may initially ground around 150 planes as the shock from the coronavirus pandemic will be "far deeper and much longer", according to a report. Aviation advisory firm CAPA India on Wednesday said even before COVID-19 (coronavirus) appeared on the scene, most Ind...

Industry bodies, including Indian Association of Tour Operators (IATO), and ASSOCHAM, foresee job losses in the sectors as companies try to tide over the situation by removing non-essential work forces and stopping recruitment, while calling the government to review the decision to suspend visas for a month and allow inbound travel through limited ...

An employee of Paytm has tested positive for coronavirus, pushing the e-wallet company to shut its Gurgaon office for two days. This is the 29th case that tested positive in India. The figures took a leap after a group of 15 Italian tourists tested positive for the disease over the last 24 hours. An Indian driver, who was travelling with them, has ...

Ratings agency Standard and Poor's Indian unit, Crisil, warned on Monday that nearly three gigawatts of solar power projects worth $2.24 billion could be at risk of penalties for missing a July 2020 completion deadline as the coronavirus hit solar industry supplies.

Lockheed Martin said it is strengthening and growing its partnerships with the Indian industry to support the company's F-21 proposal for the IAF.

Ankur Bhatia, Managing Director, Amadeus, Indian Subcontinent believes "the government should actively consider addressing the two concerns the aviation industry is currently grappling with. First, a hike in foreign direct investment is highly warranted. Other sectors have been allowed to have FDI via automatic route. Considering the fact aviation ...