11 Oct 2021

India Aviation Industry Newsletter 11 October

Adani Group takes over operations of Guwahati International Airport  Adani Guwahati International Airport Limited (AGIAL) has assumed the management, development and operations of Lokpriya Gopinath Bordoloi International Airport (GAU) in Guwahati, Assam. The Airports Authority of India (AAI), which maintains the country’s civil aviation infrastructure in the country, will support Adani Group in running the airport for a period of three years. Air India outlook under new ownership will be positive: IATA DG Willie Walsh International Air Transport Association (IATA) DG Willie Walsh has said “it is good that Air India is being privatised.” He pointed out that with a privatised Air India, “you should expect to see increased competition." He commented "I think that is good for consumers." AirAsia commences TaxiBot passenger operations in India AirAsia India announced the implementation of an Alternate Taxiing Solution 'TaxiBot' which will be "driving sustainability and optimising efficiency in aviation operations". AirAsia India is the first Airbus operator in the world to start TaxiBot services with passengers onboard with a modified Airbus fleet. Hyderabad airport to receive investment of Rs 6300 cr for expansion Hyderabad airport will receive Rs 6,300 crores to increase its capacity to 34 million passengers, announced Antoine Crombez, Deputy CEO, GMR Airports Ltd at the Indo-French Investment Conclave 2021 in Hyderabad increasing the airport capacity to 34 million passengers annually. Kempegowda International Airport (BLR Airport) handled 31% of India’s perishable air cargo in FY21 Kempegowda International Airport, Bengaluru (BLR Airport) has emerged as the leading airport in the country for perishable shipments as Agricultural and Processed Food Products Export Development Authority (APEDA) reported that BLR Airport has processed 48,130 metric tonnes of perishables in the financial year 2020-21, accounting for 31% of India’s total perishable shipments. Tata Group to Acquire 100% Stake in Air India Tata group has emerged as the successful bidder of the divestment process of the national carrier Air India. The Tata group’s holding company, Tata Sons through its wholly-owned subsidiary Talace Pvt Ltd submitted a winning bid of Rs 18,000 Crore as the Enterprise Value of Air India. The Tatas will get ownership of iconic brands like Air India, Indian Airlines & the Maharajah. Air India has a fleet of 117 wide-body and narrow-body aircraft and AIXL has a fleet of 24 narrow-body aircraft. N. Chandrasekaran, Chairman, Tata Sons Pvt Ltd said, “At the Tata group, we are delighted to be declared as the winner of the bid for AIR INDIA. This is a historic moment, and it will be a rare privilege for our group to own and operate the country’s flag bearer airline. It will be our endeavour to build a world-class airline that makes every Indian proud. On this occasion, I would like to pay tribute to JRD Tata, pioneer of Indian aviation, whose memory we cherish.” Acumen Aviation © 11 October 2021 All Rights Reserved.