SP's AirBuz - ISSUE No 05-19
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Issue Features
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AIRLINES | FINANCE
The Cost of Airline Operations
By Satyendra PandeyTime and again, airline failures can be traced to one key item which is the ‘Cost of Operations’ that spiraled out of control
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POLICY | DISINVESTMENT
Air India – Divestment
By Anil ChopraA well-run Government-owned airline could have been a national asset, but over 70 years of operations have clearly demonstrated that it is “not the business of Governments to be in business”.
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AIRLINES | OPERATIONS
SpiceJet Shifts from Boeing to Airbus
By Ayushee ChaudharyGrounding of the Boeing 737 MAX, which constitutes most of SpiceJet’s fleet, is the main reason that could pave way for this significant deal for Airbus
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ENGINES | TECHNOLOGY
Advances in Aircraft Propulsion
By A.K. SachdevBio-fuel technologies, driven by the dual motivations of fossil fuel depletion and climate change imperatives, are progressing at a rapid pace.
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INDUSTRY | P&W
Role of Pratt & Whitney in Mainstream Air Transport
By A.K. SachdevPratt & Whitney (P&W) is a subsidiary of United Technologies Corporation (UTC) producing aircraft engines widely used in both civil and military aviation
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TECHNOLOGY | GAGAN
GAGAN Messaging Service Inaugurated
By Neetu DhuliaThe latest venture dubbed as GEMINI, has been developed through a collaborative effort between the AAI and the Indian National Centre for Ocean Information Services (INCOIS) under the Ministry of Science & Technology
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FINALLY
Civil Flights to Jaffna in Sri Lanka Restored
By B.K. PandeySince the end of the civil war in Sri Lanka, the Tamil population has been demanding that Jaffna airport be reopened for international flights
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NEWS BRIEFS
Aero MRO India A&D 2019 Draws Participation from MRO LeadersMRO Association of India announces its annual two-day bespoke conference & exhibition, Aero India MRO Aerospace & Defence 2019 to be held on December 4 & 5, 2019 at Hotel Pride Plaza, Aerocity, New Delhi.
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NEWS BRIEFS | AIRLINE NEWS
Forecast by Airbus on Requirement of New AircraftAirbus expects the worldwide passenger and freighter aircraft fleet to more than double in the next twenty years, the company said in its Global Market Forecast (GMF) for the period 2019 to 2038.
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NEWS BRIEFS | AIRLINE NEWS
Air India’s Arm Raises Rs. 7,000 Crore from Bond MarketA special purpose vehicle of the national carrier Air India has raised Rs. 7,000 crore from the bond market, in a major exercise to clean up the balance sheet before privatisation.
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NEWS BRIEFS | AIRLINE NEWS
Return of Boeing 737 MAX 8The International Air Transport Association (IATA) has urged regulatory bodies across the world to align their pre-conditions and schedule for return of Boeing 737 MAX 8 into service.
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NEWS BRIEFS | AIRLINE NEWS
AirAsia Contributes to Making Kuala Lumpur an LCC MegahubAirAsia welcomes the findings of the OAG Megahubs Index 2019 reaffirming Kuala Lumpur International Airport as the world’s most internationally connected low-cost megahub.
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NEWS BRIEFS | BUSINESS AVIATION
Business Aviation Ramping Up ADS-BWith less than two months remaining until the FAA’s January 1, 2020 Automatic Dependent Surveillance-Broadcast (ADS-B) Out deadline becomes effective, we look at US business aviation operator equipage trends.
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NEWS BRIEFS | BUSINESS AVIATION
Award for Sino JetFollowing a stringent selection process, Sino Jet was awarded “Asia’s Leading Private Jet Charter” and “China’s Leading Private Jet Charter” awards from Asia and Oceania Gala Ceremony on October 12, 2019.
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NEWS BRIEFS | INDUSTRY NEWS
Boeing Forays into General AviationThe US aerospace major Boeing has in the recent past, set up a new $17 billion business unit with its headquarters in Dallas.
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NEWS BRIEFS | INDUSTRY NEWS
Gulfstream DownsizingGulfstream recently laid off 446 employees from 11 locations, reducing its workforce by about 3.5 per cent. The company is still hiring in areas such as manufacturing and maintenance, but reducing business support...
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NEWS BRIEFS | INDUSTRY NEWS
Maiden Flight of Embraer E175-E2Brazilian aircraft manufacturer Embraer expects the E175-E2 to undertake its maiden flight by the end of 2019. The aircraft is expected to enter service by the end of 2021.
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NEWS BRIEFS | INDUSTRY NEWS
Growth of Passenger Traffic in 2019As per the DGCA, domestic air passenger traffic is expected to register a high singledigit growth in 2019, benefitting from the induction of aircraft by airlines and an expected rise in air travel during the festival season.
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NEWS BRIEFS | INFRASTRUCTURE
Conflict Over Stake in Mumbai AirportThe Adani Group has dragged the shareholders of the GVK Group-run Mumbai airport (MIAL) and the Ministry of Civil Aviation (MOCA) to the Bombay High Court, seeking a direction to them to allow buying out the minority stake...
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NEWS BRIEFS | INFRASTRUCTURE
New Terminal at Kempegowda International AirportThe first phase of Terminal 2 at Kempegowda International Airport (KIA) is scheduled to be commissioned in 2021. In the beginning of the current year, Bangalore International Airport Limited (BIAL), the company that operates KIA...
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NEWS BRIEFS | TECHNOLOGY
New Propulsion Systems for Aircraft in the FutureSpeaking at the UN’s SDG Climate Summit in New York, Ajay Singh, Chairman, SpiceJet said that India has committed to fly 10 crore passengers by 2030 on aeroplanes propelled by bio-fuels.
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NEWS BRIEFS | TECHNOLOGY
Hypersonic Space PlaneFlight times from London to Sydney could be cut down by 80 per cent by the year 2030, should a hypersonic rocket engine being developed in the UK gets off the ground.
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NEWS BRIEFS
AppointmentsArvind Singh, an IAS officer of 1988 batch, Maharastra cadre, has been appointed as the Chairman of Airports Authority of India.
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A Word from Editor
By B.K. Pandey, EditorThe aircraft industry is currently engaged in the search for solutions that would help reduce emissions. Measures such as use of bio-fuel in place of fossil fuel is one obvious solution and electric propulsion is another.
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