SP's AirBuz - ISSUE No 06-18

Issue Features

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  SPACE | VSS UNITY
  Unity, Welcome to Space
  By B.K. Pandey

  On December 13, Virgin Galactic scripted history with the success of the maiden space flight of VSS Unity that culminated in a safe landing, fulfilling a long awaited dream

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  INDUSTRY | BOEING FORCAST
  Boeing ups India forecast for commercial jet market but warns that low fares could kill industry
  By Vishal Thapar

  Boeing Forecasts demand for 2,300 new airplanes in India valued at $320 billion, over the next 20 years, which is up by 200 airplanes from their last year’s forecast. Exceptional domestic passenger traffic in double-digit over the last 51 consecutive months and rapidly expanding low-cost carriers (LCCs) drove up the demand.

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  INDUSTRY | BOEING FORCAST
  “Despite the challenges, I am very bullish on the MRO market”
  By Neetu Dhulia

  Jayant Baranwal, Editor-in-Chief, SP’s AirBuz, speaks to Dr Dinesh Keskar during the Boeing presentation on Current Market Outlook (CMO) in the capital.

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  INDUSTRY | FORECAST
  Cautious Optimism Extends into 2019
  By SP’s Correspondent

  Air travel has never been such a good deal for consumers as not only are fares staying low, the options for travellers are expanding

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  INDUSTRY | ANALYSIS
  IATA’s 2019 Global Forecast is Optimistic — So Why Aren’t Indian Airlines Profitable?
  By Byron Bohlman

  Unless and until airlines can edge ticket prices upward, India’s turbulent airline industry is likely to fly into even stormier weather

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  BUSINESS AVIATION | CONNECTIVITY
  Connectivity on Business Aviation Aircraft
  By B.K. Pandey

  Availability of internet connectivity while flying in a business aviation aircraft, opens up the aircraft cabin to an increasingly high level of activity related to the business domain of the company.

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  BUSINESS AVIATION | AIRCRAFT MANAGEMENT
  6 Reasons Why it Benefits All
  By Sudhir S. Rajeshirke

  An aircraft is a complicated asset to operate and maintain and requires a solid team of domain expert professionals to manage it.

• 

  SHOW REPORT | MEBAA 2018
  Leading the Way for Business Aviation

  The MEBAA Show is the foremost business aviation platform in the Middle East – assembling the industry’s leading organisations and most influential enthusiasts to drive the industry forward. Here’s alook at aircraft, which were on display this time...

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  SHOW REPORT | MEBAA CONFERENCE
  Facets of Business Aviation in Middle East
  By Neetu Dhulia, Reports from Dubai

  Bringing together Industry stalwarts, flag bearers and most influential corporate travellers to drive the industry forward, the MEBAA show is the foremost business aviation event in the Middle East.

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  ROUND UP 2018 | PHOTO FEATURE
  2018: A Mixed Bag

  2018 was an exciting and tumultuous year for aviation. AI and digitisation continued to make significant inroads introducing novel and

• 

  FINALLY
  Privatisation of Civil Airports in India
  By B.K. Pandey

  The complexities of the tendering process and innumerable bureaucratic impediments are not the only problems that have been militating against privatisation

• NEWS BRIEFS | AIRLINE FINANCE
  Financial Revival of Indian Carriers

  Financially stressed Indian carriers want all airports and oil-marketing companies to grant them a month’s extra and unsecured credit to improve their liquidity and waive penalties for late payment.

• NEWS BRIEFS | AIRLINE FINANCE
  Financial Results SpiceJet : Q2FY19

  SpiceJet, reported its second quarter results of the fiscal year 2018-19 (FY19) and much like the results of other listed airlines, it recorded loss for the quarter.

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  NEWS BRIEFS | AIRLINE FINANCE
  Second Quarter FY2018-19 Results of IndiGo

  In October 2018, IndiGo reported its second quarter results of the fiscal year 2018-2019 (Q2FY19). The result was a net loss of 652.1 crore and highlighted the challenges facing Indian aviation.

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  NEWS BRIEFS | AIRLINE NEWS
  Acquisition of Jet Airways by the Tatas -Advantages

  The Vistara–Jet Airways combination is expected to deepen its full-service roots and focus on capturing the premium travellers market.

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  NEWS BRIEFS | AIRLINE NEWS
  First Boeing 787-10 Dreamliner for United Airlines

  On November 5, 2018, United Airlines took delivery of its first Boeing 787-10 Dreamliner. With this, the airline became the first North American carrier to take possession of the 787-10, the newest and biggest variant of Boeing’s long-haul 787 wide body jet.

• NEWS BRIEFS | INFRASTRUCTURE
  Bilaspur Airport Gets Commercial Flight Licence

  Residents of Bilaspur will now have air connectivity from their city as in the first week of December 2018, Bilaspur Airport has was granted the licence for operating commercial flights.

• NEWS BRIEFS | INFRASTRUCTURE
  Increase in International Air Traffic at KIA

  Kempegowda International Airport (KIA) has planned an increase of 17 per cent international Air Traffic Movements (ATMs) over the coming winter schedule.

• NEWS BRIEFS | INFRASTRUCTURE
  The New Istanbul Airport to be World’s Largest

  In the last week of October 2018, Recep Tayyip Erdogan, President of Turkey, unveiled Istanbul’s new international airport, which his government claims to be the world’s largest.

• NEWS BRIEFS | INFRASTRUCTURE
  30 New Airports to Come Up in 15 Months

  30 new airports are likely to come up in the country in next 15 months. Prime Minister Narendra Modi recently inaugurated the country’s 100th airport at Pakyong in Sikkim.

• NEWS BRIEFS | INFRASTRUCTURE
  Privatisation of Civil Airports in India

  On November 08, 2018, the Government of India accorded sanction to privatise six airports. The ones chosen for operation, management and development through a public-private partnership (PPP) model are Lucknow...

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  NEWS BRIEFS | INDUSTRY NEWS
  Jeju Air Signs Deal for 50 737 MAX

  Korean low cost carrier Jeju Air has placed an order for 40 Boeing 737 MAX 8 airplanes with options for 10 additional aircraft. The order that includes options, is valued at $5.9 billion at list prices.

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  NEWS BRIEFS | INDUSTRY NEWS
  Airbus ACJ320neo Completes Its First Flight

  On November 16, 2018, the first Airbus corporate jet, the ACJ320neo, has successfully completed its maiden flight at Finkenwerder, the plant of Airbus in Hamburg.

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  NEWS BRIEFS | INDUSTRY NEWS
  GE Retires Its Boeing 747-100 Flying Test Bed

  Engine manufacturer General Electric (GE) has completed the final flight of its original 747-100 flying test bed. The aircraft N747GE was the oldest active 747 in the world.

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  NEWS BRIEFS | INDUSTRY NEWS
  Maiden Flight Airbus A330-800

  In the first week of November 2018, Airbus successfully completed the first flight of its A330-800 aircraft. The aircraft MSN1888 took off from Toulouse-Blagnac airport at around 10.30AM and landed after about four hours.

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  NEWS BRIEFS | INDUSTRY NEWS
  Airbus A320neo Jets Cross 100 Mark in India

  The number of Airbus A320neo airliners in the country has crossed the 100 mark, including 50 with budget carrier IndiGo Airlines alone.

• NEWS BRIEFS
  Appointments

  Michael Schöllhorn, 53, as Chief Operating Officer (COO) for Airbus Commercial Aircraft, effective February 1, 2019. Dominik Asam, 49, to succeed Harald Wilhelm, 52, as Chief Financial Officer (CFO) in April 2019.

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  A Word from Editor
  By B.K. Pandey, Editor

  As the year 2018 draws to an end, Alexandre de Juniac, Director General and Chief Executive Officer of the International Air Transport Association (IATA) expresses his optimism about the prospects for the global airline industry for the year ahead.