02 Jan 2018

India Aviation Industry Newsletter 2 January

An aviation revolution is in the air, says SpiceJet Chairman Ajay Singh SpiceJet expects its net worth to turn positive by March 2018 and improve from then on, chairman Ajay Singh told Mihir Mishra in an interview with the Economics Times. Airlines likely to hire over 7,000 pilots in the next 5 years According to a PTI teport, domestic carriers are expected to hire more than 7,000 pilots over the next five years, the government informed Parliament yesterday. These vacancies are likely to emerge as Indian airlines plan to induct more than 900 aircraft into their fleets in the coming years. "The Indian Scheduled Airline Operators have estimated employment opportunities for about 3,700 pilots and 3,600 co- pilots in the next five years," said Jayant Sinha, Minister of State for Civil Aviation, Govt of India, in the Lok Sabha. A total of 3,603 pilots and 3,914 co-pilots, and 15,030 cabin crew are currently employed by scheduled Indian airlines as per data maintained by the Directorate General of Civil Aviation (DGCA). Flight services to begin from Kannur thus year Domestic flight services will begin from the Kannur international airport under the Centre’s ambitious UDAN (Ude Desh ka Aam Naagrik) scheme in 2018.  Kerala joined the UDAN scheme of the Central Government aimed at popularising air travel and making it accessible for the common man. The state government signed a tripartite agreement with the Union Civil Aviation Ministry and the Airport Authority of India (AAI) for starting internal services under UDAN from the soon-to-be inaugurated Kannur airport. Indian Carriers To Induct Over 900 Planes In Coming Years Indian airlines are likely to induct more than 900 aircrafts in the coming years, with IndiGo alone expected to add 448 planes, according to official data reported Bloomberg 25 December. India is one of the fastest growing aviation markets in the world and most airlines have ambitious expansion plans, especially to tap the potential on regional routes. As per data available with the civil aviation ministry, budget airlines IndiGo, SpiceJet, GoAir and AirAsia are set to significantly expand their respective fleet sizes. Along with other carriers, the total number of aircraft to be inducted by the domestic players would be more than 900. India's Locally-Built 19-Seater Aircraft Set to Rattle Global Manufacturers The Dornier 228 aircraft manufactured under license by Hindustan Aeronautics Limited (HAL) has become the first civilian aircraft manufactured in India to get the approval of the country's aviation regulator. The Directorate General of Civil Aviation (DGCA) has given a thumbs-up to the civilian version of the Do-228, which was originally produced by German firm Dornier GmbH and was used as a military aircraft in India. HAL later bought a license from the German company and started locally manufacturing the aircraft. India said to reject UAE request for air rights in north-east India is said to have rejected Dubai’s requests for more direct flights to the north-east of India is said to have rejected Dubai’s requests for more direct flights to the north-east of the country, a blow to expansion plans of Arabian Gulf carriers in one of the fastest growing aviation markets in the world. The Dubai Civil Aviation Authority reportedly wrote to India’s ministry of civil aviation earlier this year, requesting to fly to north-eastern airports without first stopping at hubs such as Delhi or Mumbai, under an ‘open sky’ policy. the country, a blow to expansion plans of Arabian Gulf carriers in one of the fastest growing aviation markets in the world. Acumen Aviation © 2 January All Rights Reserved.