THE GROWTH OF AVIATION IN INDIA
Over the last decade, India's aviation industry has seen extraordinary growth. The number of operational airports has increased from 74 in 2014 to nearly 150 in 2024, with plans to further expand to 350â400 by 2040. Domestic air passenger traffic has more than doubled during this time, driven by substantial fleet expansions by Indian airlines. The overall ecosystem is benefiting from the liberalised initiatives of the government, thus further boosting growth and demand. As any economy grows, so does the wealth. We have seen this in the Western world and now can be seen and felt in India as well. The numbers of HNI's (millionaires, centi-millionaires and billionaires) are on the rise and are further going to multiply given that the wealth creation in India is at an all-time high. The new generation millionaires value time as much as they value money. Thus, we see an upsurge in demand for private charters and aircraft ownership.
RISING WEALTH IN INDIA AND PRIVATE AVIATION
The growth story of India's aviation sector goes beyond the expansion of commercial airlines alone. India today is home to nearly 500 odd private planes and helicopters, a number that is gradually increasing. The demand for private jets has surged since the pandemic. More and more airports are now accessible, new generation entrepreneurs value time, and the fact that private jet travel offers convenience to be back home after completing work in a remote city, thus enhancing productivity and efficiency. An interesting shift in the minds of new-generation HNIs is towards aircraft ownership. Owning an aircraft is no longer considered a taboo in India. Many HNIs are now taking up flying lessons to eventually own and fly a plane.
IMPORTANCE OF CHARTERS
ãã®èšäºã¯ Cruising Heights ã® February 2025 çã«æ²èŒãããŠããŸãã
7 æ¥éã® Magzter GOLD ç¡æãã©ã€ã¢ã«ãéå§ããŠãäœåãã®å³éžããããã¬ãã¢ã ã¹ããŒãªãŒã9,000 以äžã®éèªãæ°èã«ã¢ã¯ã»ã¹ããŠãã ããã
ãã§ã«è³Œèªè ã§ã ?  ãµã€ã³ã€ã³
ãã®èšäºã¯ Cruising Heights ã® February 2025 çã«æ²èŒãããŠããŸãã
7 æ¥éã® Magzter GOLD ç¡æãã©ã€ã¢ã«ãéå§ããŠãäœåãã®å³éžããããã¬ãã¢ã ã¹ããŒãªãŒã9,000 以äžã®éèªãæ°èã«ã¢ã¯ã»ã¹ããŠãã ããã
ãã§ã«è³Œèªè ã§ã? ãµã€ã³ã€ã³
Taking Off: The rise of personalised IFE
In-flight entertainment systems now play a big part in how airlines are perceived by passengers. Increasingly, these IFE systems are getting sophisticated and highly customised to cater to individual tastes,
NIA and NMIAâ a giant leap for Indian aviation
Two landmark airports â Navi Mumbai and Noida International Airport in Greater Noida are scheduled to be inaugurated in the coming weeks with commercial operations later this year. Ameya Joshi reports on how transformative the new airports will be for Indian Aviation
Green Airports and Key Sustainability Initiatives
As the aviation industry faces increasing scrutiny over its environmental impact, the transition to sustainable airports represents a significant step forward. These airports prioritise the use of renewable energy sources, such as solar and wind power, and energy-efficient technologies to optimize energy consumption, reports Rasheed Kappan
Offshore helicopter sector's rebound
From near collapse to a sudden boom, the offshore helicopter sector has experienced a dramatic turnaround. After years of struggling with overcapacity, low utilisation and pandemic-related pressures, the industry is now facing a new challenge meeting soaring demand.
What is in store for India's commercial aviation market?
2024 has been a difficult year for Aviation. A significant concern has been the persistent disruptions in the supply chain that are impacting aircraft manufacturers and their suppliers. Consequently, airlines have been compelled to either postpone their expansion plans or depend on older fleets, which are less fuel-efficient and entail higher maintenance costs.
General Aviation Fueling India's Growth!
India's aviation sector is experiencing an unprecedented surge, fueled by rapid economic growth, increasing wealth, and expanding aviation infrastructure. As the world's fastest-growing aviation market, India presents immense opportunities in the mobility and travel industry. Part of the larger aviation ecosystem is the lesser-known General Aviation industry, which is also playing a pivotal role as part of the aviation ecosystem. Some of the key stakeholders of the General Aviation Industry are Flying Training Organisations, Drone/EVTOL manufacturers, DAAS (Drone as a Service) providers, and of course, the blue-eyed Charter Operators (Private Aviation).
Expanding Horizons
Entering the Indian market in early 2024, Universal Vulkaan Aviation (UVA) has quickly adapted to the country's dynamic and diverse aviation sector. With a focus on regional strategies and value-driven solutions, the company has achieved significant milestones. KARAN SETHI, Managing Director, Universal Vulkaan Aviation (UVA), highlights their success with the AW169 and their commitment to enhancing MRO services to cater to India's unique market demands.
Boeing-A time-tested partner whose footprint continues to grow and expand
Boeing brings over 80 years of experience in India, making us a reliable partner for the nation's expanding aviation industry. The American aerospace giant's significant investments in supply chain partnerships, engineering, research and development, training, co-production, and co-development set us apart as a trusted ally in supporting this growth. An exclusive conversation with RYAN WEIR, Vice President, Commercial Sales and Marketing, India & South Asia, Boeing Commercial Airplanes. Excerpts
AI in Aviation Transforming India's Skies and Beyond
The accelerated adoption of technology and the integration of Artificial Intelligence are facilitating a significant transformative change that holds the potential to redefine the travel experience. PRASANNA SUBRAMANIAM, Chief Technology Officer, Fly91, outlines the potential and the possibilities.
Bringing our expertise to India
India represents a rapidly expanding market for airport logistics, propelled by significant increases in passenger traffic and ongoing infrastructural advancements. Alstef Group is actively seeking opportunities to leverage its expertise TENNYSON ANTHONY, Managing Director, Alstef Group, outlines the company's strategy.
