SP's AirBuz - ISSUE No 6-2024

Issue Features

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  INDUSTRY | ANALYSIS
  Aviation Poised for Profit Growth in 2025 — IATA
  By Rohit Goel

  The International Air Transport Association (IATA) has unveiled its financial outlook for the global airline industry in 2025, projecting a modest improvement in profitability amidst ongoing supply chain disruptions and cost pressures. This forecast underscores the resilience of the aviation sector, which continues to navigate complex operational challenges while demonstrating steady financial growth.

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  INDUSTRY | 2024 ROUNDUP
  2024 — A Year of Growth, Challenges, and Innovation
  By Ayushee Chaudhary

  In 2024, global passenger traffic rebounded to pre-pandemic levels, but restricted capacity, supply chain disruptions, and rising non-fuel costs challenged fleet modernisation, while airlines achieved high profits and MRO providers and lessors thrived amid increased demand

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  REGIONAL AVIATION | INTERVIEW
  

  EXCLUSIVE

  “Cost Leadership is the Cornerstone of Success in this Industry”

  Rohit Goel of SP’s AirBuz caught up with Manoj Chacko, Managing Director and Chief Executive Officer, FLY91 to know more about their current operations, future plans and his vision for the airline.

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  TRAINING | PILOT ACADEMY
  From Dreams to Wings
  By Rohit Goel

  India provides a diverse array of government and private pilot training institutes, offering aspiring aviators the opportunity to acquire exceptional flight training and pursue a rewarding career with abundant opportunities

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  TRAINING | ANALYSIS
  Grounded Ambitions
  By Sarthak Baranwal

  Exploring the diverse challenges faced by aspiring Pilots in India

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  TRAINING | AIRCRAFT
  Navigating the Skies of Training
  By Rohit Goel

  Selecting the correct training aircraft is crucial in commercial pilot training, both for the flight school and the student

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  TRAINING | INTERVIEW
  

  EXCLUSIVE

  Expanding into India’s Growing Aviation Sector

  In an exclusive interview to SP’s AirBuz, BAA Training CEO, Marijus Ravoitis provides an insight into BAA Training’s global expansion and its focus on India’s Pilot Training Market

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  TRAINING | OEM
  Pioneering Innovations and Overcoming Challenges
  By Neetu Dhulia

  As a DPIIT-registered company, Kasstech Aerospace has consistently delivered exceptional technical solutions to meet the growing demands of the Indian aerospace industry

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  NEWS BRIEF
  Abelo Expands Fleet and Converts ATR 42 STOL Order

  World’s number one regional aircraft manufacturer ATR, and leading turboprop lessor Abelo, have strengthened their partnership with significant fleet updates.

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  NEWS BRIEF
  Embraer Delivers a Total of 206 New Aircraft in the Year

  Embraer, one of the global leaders in the aerospace industry, delivered 75 aircraft in 4Q24 – or 27 per cent higher than in the previous quarter (3Q24), when 59 aircraft were delivered, and equal to the volume of the same period of 2023 (4Q23).

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  NEWS BRIEF
  Adani to Acquire Air Works India

  Adani Defence & Aerospace has signed a binding agreement to acquire Air Works, India’s largest private-sector Maintenance, Repair, and Overhaul (MRO) company.

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  NEWS BRIEF
  SpiceJet Collaborates with StandardAero

  SpiceJet has entered into a services agreement with StandardAero Inc., a leading US-based engine MRO (maintenance, repair and overhaul) provider and a ‘Premier MRO’ provider for CFM LEAP-1B engines.

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  NEWS BRIEF
  Air India Becomes the First Indian Airline to Offer Wi-Fi on Domestic Flights

  Air India, India’s leading global airline, announced it has rolled out Wi-Fi internet connectivity services on board domestic and international flights operated by Airbus A350, Boeing 787-9 and select Airbus A321neo aircraft.

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  NEWS BRIEF
  easyJet Trials New Paint That Lowers the Weight and Fuel Burn

  easyJet has become the first airline in the world to trial a new state-of-the-art lowerweight paint, which will enable the operator to make further savings on fuel.

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  NEWS BRIEF
  Cambodia Angkor Air Expands Fleet with Three ATR 72-600

  ATR, the world’s leading manufacturer of regional aircraft, announced the addition of three ATR 72-600 aircraft to the fleet of Cambodia Angkor Air (which will change its name to Air Cambodia as of January 1, 2025), the country’s national carrier.

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  NEWS BRIEF
  GTF Engine Receives FAA Certification to Power the A321XLR

  Pratt & Whitney, an RTX business, announced that it has received US Federal Aviation Administration certification for the GTF engine that will power the Airbus A321XLR aircraft.

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  NEWS BRIEF
  Appointments

  Duncan Aviation Announces Senior Leadership Changes.
  Dr Johannes Bussmann to Become New CEO of MTU Aero Engines AG.

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  Editor’s Note
  By Jayant Baranwal, Publisher & Editor-in-Chief

  As we close the chapter on 2024, the aviation industry stands as a beacon of resilience, innovation, and transformation. It’s been an incredible year, with the industry showing great strength in growing despite the turbulence and challenges it faced throughout the year and now looks forward to continued growth in 2025.