Indian Aviation Sector

Indian Civil Aviation industry is at cross roads. From sluggish operations of Air India, the sector has moved to premium airlines, world class airports, low cost airlines making it one among the top 10 markets in the world. The passenger traffic is growing at double digits, freight, aircraft movements are expected to grow at 5% over the next 5 years.

To boost the aviation sector, the government of India, has widened the visa on arrival programme to 150 countries boosting tourism. It is also planning to list AAI and Pawan Hans Ltd in stock exchange to raise capital. It is also modernizing airports with introduction of biometric scanner entry in airports with Aadhar card. This projected growth, combined with India?s low air traffic density?72 compared to 282 in China and 2,8 Read More

Google to provide flight delay prediction using artificial intelligence

Google Flights service now to provide predication on flight delays. Currently, Google flight services provides data on flight delays from airline sources. Now with it powers delay predictions using artificial intelligence. It will predict delays using historic flight status data and other parameters. It will publish the data, when it atleast 80 percent confident about its accuracy of its predictions. Read More

Bhogapuram airport to be developed under an SPV

Bhogapuram International Airport Company (BIACL) has been formed by the state government as a special purpose vehicle to develop the greenfield airport near Vizianagaram. The company will have authorised share capital of Rs 500 million divided into 50 lakh equity shares of Rs 10 each. It will prepare a feasibility report, detailed project report, impact assessment report and technical and financial viability of the project. The state government has plans to develop it as Bhogapuram aerotropolis. It will include the development of the greenfield Aerotropolis with an international airport; MRO (maintenance, repair and overhaul) facilities; and an aviation academy at Bhogapuram. Read More