Download - Key development in Indian Arline Industry
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Key Investments and Developments
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1.Key Investments
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June 2015 Mahindra Group & GE Aviation
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MoU for sharing of airlines codes, frequencies & additional points of call in Antalya during International Civil Aviation Negotiations (ICAN),
Nov 2015.
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Airbus SAS- plans to open aircraft maintenance and repair overhaul (MRO) facility in India.
Airbus (Oct 2015) committed to source products worth US$ 2 billion cumulatively over the next 5 years
from India.
JV -TASL & Boeing (Nov2015)Manufacturing Aero structure
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2.Government Initiatives
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new draft aviation policy introduced
5-20 Rule abolished
0-20 Rule Introduced
Minimum regional fare fixed
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WHY:Improvement in regional and remote air connectivity
Plan to Revive & Operationalize
50 AIRPORT10 YEARS
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The GOI have taken decision to award airports in Kolkata, Chennai, Jaipur and Ahmadabad
Request for Qualification’ has been issued from AAI.
Chennai
Jaipur
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Proposal to
raise FDI
100% FDI allowed
under the automatic
route.
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By 49% to 50%
Proposal to raise
FDI
Boosting PPP models for Construction of airports through PPP
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