24 Jul 2017

India Aviation Industry Newsletter 24 July

Abu Dhabi 'in talks to buy 49% stake in Indian airport' Abu Dhabi is reportedly close to finalizing the purchase of a 49 percent stake in one of India’s busiest airports. The sovereign wealth fund Abu Dhabi Investment Authority is competing against Paris Aeroport to acquire the minority shareholding in Hyderabad International Airport, India’s The Economic Times reported. ADIA’s talks were more advanced than those of the Paris airport authority, the newspaper said. Air India Express plans ways to boost brand visibility Air India Express is preparing to bolster its brand visibility online, especially among the expatriates in West Asia and South East Asia, according to a tender document. As it embarks on ambitious expansion plans, Air India Express has floated a tender soliciting interest from entities that can set up and manage "search engine marketing channels" for the airline. Antonov appoints Flywell Aviation as GSA for India Ukrainian heavylift freighter operator Antonov Airlines has appointed Flywell Aviation as its general sales agent (GSA) in India. New Delhi-headquartered Flywell Aviation has offices in Mumbai and Bangalore, and provides services to the defence, aerospace, oil and gas, rail and construction sectors. Michael Goodisman, business development director, at Antonov Airlines, said: “India is a very significant market for the AN-124-100s, and holds good potential for An-225 and An-22 flights across a number of sectors.” Fly Dubai makes fresh bid to start flight from Chandigarh Fly Dubai, one of the government-owned carriers of the UAE, has made a fresh bid to start operations on the Chandigarh-Dubai route. Highly placed sources told HT that the Dubai’s aviation department that owns the airline wrote to the Indian ministry of civil aviation last month to seek permission to operate from Chandigarh. The official said, if allowed, the airline is eager to start at least one daily flight from Chandigarh on its 174-seater Boeing 737-800. Indian travel companies continue global expansion spree In a fast changing world order, the phenomenon of home grown Indian companies, reversing the trend and going global seems to continue unabated. A trend that was so far witnessed only in the IT and pharmaceutical sectors in this country seems to have rubbed off on the travel segment. Over the last decade, a few of the India’s largest companies have slowly diversified, identified opportunities in the global market and significantly expanded their footprint on a global scale. South African Tourism seeks to woo more Indian travelers South African Tourism is seeking to attract Indian travelers with customized packages to suit different requirements. While the year 2016 saw a strong growth, it expects to see more than 1,00,000 visitors from India during the year. Preference for holidays in South Africa has been on the rise among Indian travelers over the past few years and is expected to continue in 2017. SpiceJet announces flight between Hyderabad and Puducherry Of the total of 128 routes awarded to five carriers earlier this year after a bidding process, SpiceJet was granted 11 routes. Under RCS, also known as UDAN, the government offers a subsidy to airlines for offering 50 per cent of their total seats at lower fares. SriLankan connects most destinations in India SriLankan Airlines which launched Vizag, Hyderabad and Coimbatore this month is all set to tap the growing potential of Indian aviation market. With the recently launched routes as well as the seasonal flights to Gaya and Varanasi which will resume in August, SriLankan is all set to operate 126 flights a week to 14 destinations in India serving more Indian points than any other international airline. Acumen Aviation © 24 July All Rights Reserved.