AAI grapples with 29 Idle Planes, engages P&W amidst SC woes
AVIATION & AIRPORTS

AAI grapples with 29 Idle Planes, engages P&W amidst SC woes

At present, the Airports Authority of India (AAI) has 29 idle airplanes at its owned and managed airports. The AAI actively follows up with airlines to dispose of these idle aircraft, and a security deposit/bank guarantee of approximately Rs 7.3 billion is held against these assets, as mentioned by Minister Scindia.

In response to a supplementary question in the Lok Sabha, Minister Scindia highlighted that 95% of the grounded aircraft in India are attributed to engine supplier P&W, which is experiencing supply chain issues. The government has been in direct communication with P&W to address the situation. Additionally, Minister Scindia mentioned that Indian carriers are expanding their fleets with the induction of more aircraft.

In a separate written reply, Minister of State for Civil Aviation V K Singh stated that the AAI is implementing big data-based security appliance systems that leverage Artificial Intelligence (AI) and Machine Learning (ML) to predict and analyse cyber threats for enhanced protection against cyber-attacks.

At present, the Airports Authority of India (AAI) has 29 idle airplanes at its owned and managed airports. The AAI actively follows up with airlines to dispose of these idle aircraft, and a security deposit/bank guarantee of approximately Rs 7.3 billion is held against these assets, as mentioned by Minister Scindia. In response to a supplementary question in the Lok Sabha, Minister Scindia highlighted that 95% of the grounded aircraft in India are attributed to engine supplier P&W, which is experiencing supply chain issues. The government has been in direct communication with P&W to address the situation. Additionally, Minister Scindia mentioned that Indian carriers are expanding their fleets with the induction of more aircraft. In a separate written reply, Minister of State for Civil Aviation V K Singh stated that the AAI is implementing big data-based security appliance systems that leverage Artificial Intelligence (AI) and Machine Learning (ML) to predict and analyse cyber threats for enhanced protection against cyber-attacks.

Next Story
Infrastructure Urban

UniAcoustic, Vicoustic Form UniVicoustic Alliance

UniAcoustic, part of United Group, has acquired a strategic stake in Portugal-based Vicoustic, forming a new alliance branded as UniVicoustic. The agreement, signed in Mumbai, marks a significant cross-border partnership aligned with evolving India–EU trade dynamics.The collaboration brings together Vicoustic’s global expertise in architectural acoustic products with UniAcoustic’s manufacturing scale and distribution capabilities. The combined platform aims to expand market reach, integrate technology and optimise supply chains across key regions.The development comes amid progress in th..

Next Story
Infrastructure Urban

Dalmia Bharat, Delhi PWD Revamp Under-Flyover Spaces

Dalmia Bharat has partnered with the Public Works Department (PWD), Government of Delhi, to redevelop select under-flyover spaces and a road stretch into sustainable urban hubs. The agreement covers key locations including Lodhi Flyover, Oberoi Flyover, Mangi Bridge and Hanuman Setu.Under the initiative, the company will undertake design, landscaping, plantation and long-term maintenance of the sites, with a defined upkeep period of three years after completion. The project aims to improve urban aesthetics while promoting environmental sustainability and biodiversity restoration in high-densit..

Next Story
Infrastructure Urban

Versigent Debuts as Independent NYSE-Listed Company

Versigent has launched as an independent publicly traded company following its separation from Aptiv, with shares commencing trading on the New York Stock Exchange under the ticker “VGNT”. The move marks a significant milestone in the company’s transition into a standalone global player in power distribution systems.The company specialises in the design, manufacturing and delivery of low- and high-voltage electrical architectures, supported by engineering centres across four continents and manufacturing operations in over 25 countries.Versigent reported revenues of $8.8 billion, net inco..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement