01 Jun 2022

India Aviation Industry Newsletter 1 June

BIAL honoured with the highest recognition at ACI’s Green Airport Recognition 2022 Bangalore International Airport Limited (BIAL), operator of Kempegowda International Airport, Bengaluru (BLR Airport), has been honoured with the Green Airport Recognition 2022 Platinum Award, by the Airport Council International (ACI). BIAL has won the award in the 15-50 million passengers per annum category for its outstanding achievements in carbon emission management. BIAL consumes nearly 100% renewable electricity (70 Mn units), leading to largely Zero Scope 2 emissions (>50000 MT of carbon emissions reduction). BIAL also won the ‘Golden Peacock Award for Sustainability 2021’ for its ongoing efforts to minimise carbon emissions and improve the sustainability of its daily operations. Its initiatives such as Energy Neutrality, Water Positivity, outlawing single-use plastics at all retail food and beverage outlets, and its Sustainability Vision and Road Map 2030. Griffin Global Asset Management Announces the Delivery of an Airbus A321neo Aircraft to IndiGo Griffin Global Asset Management announced the delivery of an Airbus A321neo aircraft to InterGlobe Aviation Ltd. (“IndiGo”). This aircraft is the first of five purchase and leaseback transactions mandated for Airbus A321neo aircraft scheduled to be delivered to IndiGo during May and June of 2022. InterGlobe Enterprises And UPS Launch MOVIN - A New Logistics Brand Built For India UPS and InterGlobe Enterprises announced a joint venture to launch MOVIN, a new logistics brand to serve the needs and demands of the fast-paced Indian market. The name MOVIN is a combination of Movement and India (MOVEMENT+INDIA). MOVIN will offer a range of extensive express and premium service coverage across India with a strong portfolio of B2B domestic services including a day-definite, as well as express, time-definite solutions, which will give businesses better predictability and greater competitiveness to swiftly integrate into the global value chain. Singapore Airlines (SIA) Group to increase flights to India amid demand recovery Singapore Airlines plans to increase the number of flights to India where the group is currently operating at around 75%t of its pre-pandemic capacity. Singapore Airlines (SIA) Group carriers Singapore Airlines and Scoot operates to 13 destinations across India. Singapore Airlines Executive Vice President Commercial Lee Lik Hsin stated “The Indian market is recovering very strongly as well. We are seeing good load factors… we will be able to hopefully announce increases in flights over the next two schedules… whether it is for the winter schedule starting from October or even for next year.” Surat Airport gearing up for holistic development with world-class facilities Surat, the financial capital of Gujarat and hub for diamond and textile business in India attracts air travellers in large numbers. Considering the magnificent rise in passenger traffic, AAI is extensively working towards the holistic development of the airport with a project cost of Rs 353 Crores. The development project includes extension of existing terminal building from 8474 sqm to 25520 sqm. In addition to the extension of terminal building, the expansion of apron from five parking bays to 18 Parking bays and construction of parallel taxi track (2905 mX30 m) work is also in progress. After completion of project, the new state-of –the-art extended terminal building will be capable of handling 1200 Domestic and 600 International passengers’ during peak hours making the annual passenger capacity of 2.6 Million. Acumen Aviation © 1 June 2022 All Rights Reserved.