Aviation consulting firm Caladrius Aero’s Managing Partners Rohit Tomar and Ram Shankar explain why this is a good time to develop airports in smaller cities and towns. The key, however, would be operations efficiency and debt management.
The low-cost airline wants to become an ultra low-cost airline. And it is banking on this model to differentiate itself from peers as it heads for a possible IPO.
Till now, export of planes in knocked-down condition was not allowed
The Boeing 777 aircraft that was involved in the incident had a PW4000 engine. In India, IndiGo and GoAir used Pratt & Whitney engines in their A320Neo aircraft, and these had to be replaced after multiple snags.
Average fare per km has seen a steady increase since January first week, data show.
The pandemic is only the tip of the iceberg that the country’s cash-poor airlines — both regional and national — have run into
The absence of any major announcement for the aviation industry in the Union budget has put off professionals.
As Indian aviation looks to reestablish pre-pandemic growth patterns once the Covid-19 crisis subsides, the country’s finance minister, Nirmala Sitharaman, has revealed plans to offer further incentives to aircraft leasing companies operating out of Gujarat International Finance Tec (GIFT) City in the western state of Gujarat.