Government's protective stance splits aviation sector
AVIATION & AIRPORTS

Government's protective stance splits aviation sector

The aviation industry in India finds itself at odds over the country's decision to suspend flying rights to Middle Eastern nations. Air India's CEO, Campbell Wilson, has advocated for restricting market access for foreign carriers, expressing concerns about protecting investments in the airline. He mentioned that Air India has made significant investments in ordering aircraft, totalling over $100 billion, and any opening of the Indian market to foreign airlines could jeopardise these investments.

Wilson's stance, however, has not garnered support from other Indian carriers like IndiGo and the new players, Akasa, who are eager to expand their operations to the Middle East. Experts predict that the liberalisation of bilateral rights will become a contentious issue in the Indian civil aviation industry under the new government.

Wilson's statements came shortly after Tim Clark, the president of Emirates, criticised the Indian government's move, arguing that it would limit choices for Indian air passengers and have negative implications for India's economy in the long term.

Meanwhile, the UAE has requested an increase of 50,000 seats per week to India, citing the significant growth in traffic between the two countries. However, the current quota for flights to Dubai has been exhausted since the last increase in flying rights in 2014, despite the exponential rise in traffic on routes between India and Dubai, notably the Delhi-Dubai route, which is one of the busiest in the world according to travel data analytics firm OAG.

The 14th RAHSTA Expo, part of the India Construction Festival, will be held on October 9 and 10, 2024, at the Jio Convention Centre in Mumbai. For more details, visit: https://rahstaexpo.com

The aviation industry in India finds itself at odds over the country's decision to suspend flying rights to Middle Eastern nations. Air India's CEO, Campbell Wilson, has advocated for restricting market access for foreign carriers, expressing concerns about protecting investments in the airline. He mentioned that Air India has made significant investments in ordering aircraft, totalling over $100 billion, and any opening of the Indian market to foreign airlines could jeopardise these investments. Wilson's stance, however, has not garnered support from other Indian carriers like IndiGo and the new players, Akasa, who are eager to expand their operations to the Middle East. Experts predict that the liberalisation of bilateral rights will become a contentious issue in the Indian civil aviation industry under the new government. Wilson's statements came shortly after Tim Clark, the president of Emirates, criticised the Indian government's move, arguing that it would limit choices for Indian air passengers and have negative implications for India's economy in the long term. Meanwhile, the UAE has requested an increase of 50,000 seats per week to India, citing the significant growth in traffic between the two countries. However, the current quota for flights to Dubai has been exhausted since the last increase in flying rights in 2014, despite the exponential rise in traffic on routes between India and Dubai, notably the Delhi-Dubai route, which is one of the busiest in the world according to travel data analytics firm OAG.

Next Story
Real Estate

Singapore's CapitaLand Plans Major India Expansion

CapitaLand Investment Limited (CLI), one of Singapore's largest real estate investment managers, has announced plans to significantly expand its investments in India. The company aims to more than double its India portfolio by 2028, signaling its confidence in the country?s burgeoning real estate market. Current Portfolio and Growth Target: CLI currently manages assets worth USD 3.3 billion in India. With its sights set on future growth, the company is targeting a dramatic increase in its India investment kitty to over USD 7 billion by 2028. This move comes as part of a broader strategy to ca..

Next Story
Infrastructure Transport

Air India MRO Facility Key Hub

Air India has launched a state-of-the-art Maintenance, Repair, and Overhaul (MRO) facility at Bengaluru Airport City, establishing a crucial hub for aircraft servicing in India?s burgeoning aviation sector. This new MRO facility aims to enhance Air India?s operational capabilities, improve turnaround times for aircraft maintenance, and reduce reliance on overseas servicing. Strategic Importance of Bengaluru: The facility, located at the Kempegowda International Airport (KIA) in Bengaluru, is strategically positioned to serve as a critical aviation hub. Bengaluru is a key center for both domest..

Next Story
Infrastructure Transport

BMC Notifies Properties for Water Tunnel

The Brihanmumbai Municipal Corporation (BMC) has initiated a crucial step in Mumbai's infrastructure development by notifying several properties for its ambitious underground water tunnel project. This project aims to bolster the city's water supply system, ensuring a more reliable and efficient distribution network. Project Overview: The underground water tunnel project is designed to address Mumbai's increasing demand for water by creating a robust network of tunnels deep below the surface. This tunnel system will transport water from reservoirs directly to various parts of the city, signif..

Hi There!

"Now get regular updates from CW Magazine on WhatsApp!

Join the CW WhatsApp channel for the latest news, industry events, expert insights, and project updates from the construction and infrastructure industry.

Click the link below to join"

+91 81086 03000