Aviation Sector Investment

Adani Group, Bombardier explore partnership to boost Indian aviation sector

Discussions between Adani Defence & Aerospace and Canadian jet manufacturer Bombardier primarily focused on aircraft services, maintenance, repair, and overhaul (MRO)

Odisha to set up Rs 562 cr aviation centre to meet future demand for pilots

The Odisha government has decided to set up a Rs 562-crore aviation training centre to meet future demand for pilots and skilled personnel in the sector, a minister said. A proposal to set up Biju Patnaik Aviation Centre (BPAC) at Birasal airstrip in Dhenkanal district was approved at a cabinet meeting chaired by Chief Minister Naveen Patnaik on Saturday. The proposed centre will provide training for pilots, simulators and cabin crew, Revenue Minister Sudam Marndi told reporters after the cabinet meeting. The training centre will be established in accordance with the Civil Aviation Policy-2022 of the state government, he said. India faces a pressing need to consistently produce 2,000 pilots annually over the next 20 years to meet the escalating demand, and the aviation training centre aims at creating 500 professionals annually, an official said. The proposed training institute will significantly benefit the local economy and support the growth in the tourism and hospitality secto

Airbus deliveries down 11% to 127 jets in Q1, supply chain issues to blame

Airbus last year clawed back two deliveries to reflect Western sanctions on Russia

IAG signs deal to buy Air Europa for $1.2 bn amid aviation sector upheaval

The debt-funded transaction seeks to generate "significant" cost savings and complete in the second half of next year, subject to regulatory approvals.

Aviation sector will see Rs 1 trn investment in next 5 years: Jayant Sinha

Jayant Sinha said the capacity addition would come with other amenities such as use of digital technology for passenger verification and bringing about a paradigm shift in airport designs