SP's AirBuz - ISSUE No 01-08
Next Issue >>
The explosive growth in demand for air travel in the wake of a resurgent economy has provided powerful impetus to all segments of the Indian aviation industry.
The railways had a cash surplus of Rs 25,000 crore in the last fiscal year; combined losses of the airlines are expected to touch Rs 2,400 crore this fiscal year.
The number of civilian aircraft has gone up dramatically in the last five years. The year 2003 was a benchmark for Indian civil aviation. Where there were only four major scheduled operators at the beginning of 2003, two each in the public and private sectors, the number went up to 11 by mid-2007.
Boeing and airbus have signed an agreement to work together to ensure global interoperability in air traffic management as part of an effort to help reduce the impact of aviation on the environment.
Many countries in the world have recognized the tremendous economic impact General Aviation can create through minimal investment in infrastructure. Hence the saying, A mile of roadway gets you a mile further… A mile of runway gets you everywhere.
Understandably, Business Aviation has evolved under the influence of two driving forces - the need for speedy executive travel to save expensive time as well as the need to maintain a status symbol.
Judging by the transformation in communication systems as well as aviation technology in the last decade or so, with the economy on a high growth trajectory and the number of millionaires steadily increasing, it is only a question of time before Air Charter Services come into their own.
Remarkable developments in computing and display technology have combined to make the simulator almost more real than real and it is now unthinkable to have a modern aircraft without a simulator to train its crew.
A lowdown on Air India, its evolution, growth and future plans. Air India is the national flag carrier of India with a worldwide network of passenger and cargo services. The airline had its beginning as Tata Airlines, which was started in 1932 by J. R. D. Tata.
Flying is a heady experience and aviation a flourishing business in India. Reporting on the aviation industry, on the other hand, calls for serious introspection. Both, however, are not without some element of thrill and thunder.