Page 20 - Civil Aviation Sector
Domestic air traffic to fall from 140 mn to 90 mn due to covid-19: CAPA
Domestic air traffic is expected to drop to 80-90 million passengers in the current fiscal and delivery of more than 200 planes to Indian carriers are likely to be deferred by up to two years, according to a report. "The combination of COVID-related travel restrictions and an economic downturn is likelyto result in 1Q FY2021 being a virtual washout for the Indian industry. "The second quarteris historically the weakest period for demand and hence airlines are only likely to limp back into recovery," aviation consultancy CAPA India said on Monday. As a result, CAPA said the majority of the fleet is likely to be surplus to requirement during the first half of the current financial year. In its report titled 'COVID-19 & the State of Indian Aviation Industry,' the aviation consultancy forecast domestic traffic to decline to around 80-90 million this fiscal from an estimated 140 million in FY2020. International traffic is expected to fall from approximately 70 million in the previous .
 "Domestic air traffic to fall from 140 mn to 90 mn due to covid-19: CAPA")
Air Deccan ceases operations, employees put on sabbatical without pay
Air Deccan served four destinations within Gujarat
 "Air Deccan ceases operations, employees put on sabbatical without pay")
Revival, not survival
Going ahead, the government's policy actions for the aviation sector needs to be less myopic
Airbus says India will require 1,880 new passenger, cargo aircraft by 2038
The 20-year traffic growth in the Indian aviation sector is pegged at 7.7%, almost twice the world average of 4.3%
 "Airbus says India will require 1,880 new passenger, cargo aircraft by 2038")
GMR airports achieves 'concession commencement date' to build in Greece
The Concession Period for the project is 35 years including Phase 1 Construction of five years
 "GMR airports achieves 'concession commencement date' to build in Greece")
Bill to amend Aircraft Act introduced; proposes fine of up to Rs 1 crore
A few other provisions would also be made part of the law that will also help in complying with the International Civil Aviation Organization's (ICAO) requirements
 "Bill to amend Aircraft Act introduced; proposes fine of up to Rs 1 crore")
Air India sets up panel to address privatisation-related issues of staff
The panel has been set up a day after discussions between Civil Aviation Minister Hardeep Singh Puri and representatives of various Air India unions
 "Air India sets up panel to address privatisation-related issues of staff")
Govt must step in to encourage service providers: Aviation minister HS Puri
Speaking of privatisation in the civil aviation industry, the minister said it will help in strengthening and expanding the sector
 "Govt must step in to encourage service providers: Aviation minister HS Puri")
Relief to airlines: Govt scraps fuel throughput charge at all airports
Fuel throughput charge scrapped; carriers to save Rs 500 crore a year
 "Relief to airlines: Govt scraps fuel throughput charge at all airports")
Jet lenders to invite fresh bids as parties are willing to revive airline
The CoC will vote on restarting the bid process on Friday and the results will be out on Saturday
 "Jet lenders to invite fresh bids as parties are willing to revive airline")
'Golden age' for aviation sector; huge opportunities ahead: IndiGo chief
Bringing ATF under the Goods and Services Tax (GST) has been a long pending demand of the airline industry
 "'Golden age' for aviation sector; huge opportunities ahead: IndiGo chief")
Govt considers adding more teeth to aviation regulators ahead of ICAO audit
Centre moves to amend law; airlines, airports may face fines of up to Rs 1 crore
 "Govt considers adding more teeth to aviation regulators ahead of ICAO audit")
More flights to take to the skies this winter despite economic slowdown
The number of weekly flights in the upcoming winter schedule is 1.2 per cent higher than the 23,117 operated during the previous winter schedule
 "More flights to take to the skies this winter despite economic slowdown")
A penny in time
Use the money saved post Air India's sale to set up two credible safety organisations in India
 "A penny in time")
Civil aviation minister directs setting up mechanism to monitor airfare
He, however, said the government currently does not have any intention to regularise the fares
 "Civil aviation minister directs setting up mechanism to monitor airfare")
Foreign airlines ban MacBooks on Indian flights; DGCA mulls similar move
Apple issued a similar replacement programme last year for the latest 13-inch Pros over issues related to battery expansion
 "Foreign airlines ban MacBooks on Indian flights; DGCA mulls similar move")
Waiting in the wings: Is the time and IPO strategy right for GoAir?
Strong fundamentals, including low crude oil prices, stable air-travel demand, and a range-bound rupee, analysts believe, make a strong case for the airline's expansion
 "Waiting in the wings: Is the time and IPO strategy right for GoAir?")
India's troubled skies
Need to beef up regulation of the aviation sector
 "India's troubled skies")
Govt plans to bring in Cape Town Convention Act for civil aviation sector
The ministry has put out the draft Cape Town Convention Bill for public consultations
