Govt to Develop More Airstrips, Revise Airport Rules
AVIATION & AIRPORTS

Govt to Develop More Airstrips, Revise Airport Rules

The Indian government is evaluating 300 airstrips for potential development into brownfield airports to enhance air connectivity, announced Aviation Secretary Vumlunmang Vualnam at the CAPA India Aviation Summit 2024. This move aims to improve connectivity, particularly to Tier-2 and Tier-3 cities. Currently, India has 453 airstrips, with 157 operational as airports.

The government is in the final stages of ratifying the Cape Town Convention (CTC), which will facilitate aircraft repossession by lessors, mitigating their risks. This step is critical after issues arose with repossessing planes from the bankrupt airline Go First.

India's airport ecosystem development plan spans 25 years, focusing on smaller airports feeding traffic to larger hubs. The number of operational airports has doubled in the last decade, and efforts are underway to expand this further. The government is also considering civil operations at more defence airfields to meet the growing demand in air travel.

Indian carriers have made significant aircraft orders to meet rising demand. Air India Group ordered 470 planes, IndiGo ordered 500 A320neo family planes, Akasa Air ordered 150 B737 Max aircraft, and IndiGo recently ordered 30 A350-900 widebody aircraft.

Domestic and international air traffic in India surpassed pre-pandemic levels in 2023-24, with international traffic reaching 69.7 million passengers and domestic traffic at 153.4 million passengers.

The government is also addressing airport regulations to ensure efficient operations and infrastructure development, aiming to meet the projected growth in air traffic and fleet expansion.

The Indian government is evaluating 300 airstrips for potential development into brownfield airports to enhance air connectivity, announced Aviation Secretary Vumlunmang Vualnam at the CAPA India Aviation Summit 2024. This move aims to improve connectivity, particularly to Tier-2 and Tier-3 cities. Currently, India has 453 airstrips, with 157 operational as airports. The government is in the final stages of ratifying the Cape Town Convention (CTC), which will facilitate aircraft repossession by lessors, mitigating their risks. This step is critical after issues arose with repossessing planes from the bankrupt airline Go First. India's airport ecosystem development plan spans 25 years, focusing on smaller airports feeding traffic to larger hubs. The number of operational airports has doubled in the last decade, and efforts are underway to expand this further. The government is also considering civil operations at more defence airfields to meet the growing demand in air travel. Indian carriers have made significant aircraft orders to meet rising demand. Air India Group ordered 470 planes, IndiGo ordered 500 A320neo family planes, Akasa Air ordered 150 B737 Max aircraft, and IndiGo recently ordered 30 A350-900 widebody aircraft. Domestic and international air traffic in India surpassed pre-pandemic levels in 2023-24, with international traffic reaching 69.7 million passengers and domestic traffic at 153.4 million passengers. The government is also addressing airport regulations to ensure efficient operations and infrastructure development, aiming to meet the projected growth in air traffic and fleet expansion.

Next Story
Infrastructure Urban

KEI Industries Faces Rs 80 Mn Daily Loss Amid Wage Dispute

KEI Industries Limited, one of India's prominent manufacturers of wires and cables, is encountering significant financial challenges, with reported losses amounting to Rs 8 crore per day. The company's operations have been severely impacted by a wage dispute, exacerbating its financial woes amidst broader economic pressures. The wage row has led to disruptions in KEI Industries' production and operational efficiency, affecting its ability to meet market demands and maintain profitability. This situation underscores the critical nature of resolving labour disputes swiftly to mitigate adverse i..

Next Story
Infrastructure Urban

Hyderabad Aims for World-Class Status

Telangana Chief Minister K Chandrasekhar Rao emphasized the state government's commitment to developing Hyderabad into one of the world's best cities. During a recent event, Rao highlighted several key initiatives aimed at enhancing the city's infrastructure, urban planning, and overall quality of life. He noted that the government's comprehensive approach includes substantial investments in various sectors to ensure sustainable growth and development. Rao detailed plans for significant improvements in transportation, including the expansion of metro rail services, upgrading road networks, an..

Next Story
Infrastructure Urban

Ferrari's First Electric Car Debuts

Ferrari is set to launch its first fully electric vehicle (EV), with a price tag exceeding $500,000, as reported by industry sources. This move marks Ferrari's entry into the electric vehicle market, aligning with the global shift towards sustainable mobility and reducing carbon emissions. Ferrari, electric vehicle, $500,000, sustainable mobility, carbon emissions. The new electric Ferrari, expected to debut in 2025, promises to uphold the brand's legacy of high performance and luxury. The vehicle will feature advanced technology, ensuring it delivers the iconic Ferrari driving experience desp..

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

Join us Telegram