+
Jyotiraditya Scindia unveils Air India Airbus A350 at Wings India 2024
AVIATION & AIRPORTS

Jyotiraditya Scindia unveils Air India Airbus A350 at Wings India 2024

During the Wings India 2024 event in Hyderabad, the Air India Airbus A350 was unveiled by Union Civil Aviation Minister Jyotiraditya Scindia. Emphasising the government's ambitious goals, he stated the aim to elevate India to the position of the third-largest global market in both domestic and international civil aviation.

According to the minister, India currently ranks as the 7th largest international aviation market and the 5th when combining domestic and international capacities. Expressing determination, he declared the government's resolution to transition from the fifth-largest to the third-largest in the world in both domestic and international civil aviation.

Highlighting the significant developments in the civil aviation sector over the last decade, Minister Scindia remarked on the democratisation of the industry. Discussing the surge in domestic passenger traffic, he noted the impressive growth from 60 million to 145 million, with the previous year closing at 152 million.

Pointing out India's substantial compound annual growth rate (CAGR) of nearly 15 percent over the past ten years, the minister projected a target of achieving a 300 million domestic aviation market by 2030, signifying a doubling from current levels.

During the press conference, Minister Scindia also addressed Akasa's noteworthy order of 150 Boeing aircraft. Describing it as the first order signed on Indian soil, he provided additional context by mentioning the existing 22 aircraft in Akasa's fleet and the 54 awaiting delivery. He also highlighted the significance of international orders, specifically citing the orders placed by Air India and IndiGo with Airbus and Boeing for 500 and 470 aircraft, respectively.

During the Wings India 2024 event in Hyderabad, the Air India Airbus A350 was unveiled by Union Civil Aviation Minister Jyotiraditya Scindia. Emphasising the government's ambitious goals, he stated the aim to elevate India to the position of the third-largest global market in both domestic and international civil aviation. According to the minister, India currently ranks as the 7th largest international aviation market and the 5th when combining domestic and international capacities. Expressing determination, he declared the government's resolution to transition from the fifth-largest to the third-largest in the world in both domestic and international civil aviation. Highlighting the significant developments in the civil aviation sector over the last decade, Minister Scindia remarked on the democratisation of the industry. Discussing the surge in domestic passenger traffic, he noted the impressive growth from 60 million to 145 million, with the previous year closing at 152 million. Pointing out India's substantial compound annual growth rate (CAGR) of nearly 15 percent over the past ten years, the minister projected a target of achieving a 300 million domestic aviation market by 2030, signifying a doubling from current levels. During the press conference, Minister Scindia also addressed Akasa's noteworthy order of 150 Boeing aircraft. Describing it as the first order signed on Indian soil, he provided additional context by mentioning the existing 22 aircraft in Akasa's fleet and the 54 awaiting delivery. He also highlighted the significance of international orders, specifically citing the orders placed by Air India and IndiGo with Airbus and Boeing for 500 and 470 aircraft, respectively.

Related Stories

Gold Stories

Next Story
Infrastructure Transport

97 Per Cent Of Rongjeng-Mangsang-Adokgre Road Nears Completion

Deputy Chief Minister in-charge of public works Prestone Tynsong said in Shillong on 26 August that 97 per cent physical progress had been achieved on the ongoing Rongjeng-Mangsang-Adokgre road being constructed under the Non-Lapsable Central Pool of Resources (NLCPR). He noted the project was sanctioned in 2017 and that the stipulated time for completion had been 24 months from issue of the final work order. The deputy chief minister informed the assembly that the government had decided to include the remaining work under a World Bank project. In reply to a query from Rongjeng MLA Jim M Sangm..

Next Story
Infrastructure Transport

First TBM Starts Digging Five Point Three Kilometre Tunnel Under SGNP

The Goregaon-Mulund Link Road (GMLR) Phase three (B) project has reached a key milestone as the first tunnel boring machine (TBM) began excavation of the first of two tunnels beneath the Sanjay Gandhi National Park (SGNP). The machine, named Tulsi, started cutting a five point three kilometre bore that will link Dadasaheb Phalke Chitranagari in Goregaon East with Amar Nagar in Mulund West. Officials issued a statement noting the commencement of tunnelling work under the protected green belt. The twin tunnels are being constructed using mechanised tunnelling methods that aim to limit surface di..

Next Story
Infrastructure Transport

UP Approves Two Expressways And Rs 240 bn Infrastructure Push

The Uttar Pradesh Cabinet approved a series of infrastructure and industrial investment proposals totalling Rs 240 billion (Rs 240 bn), including two major expressway projects, a manufacturing and logistics cluster in Sultanpur and incentives for 11 industrial projects across the state. The decisions, taken at a meeting chaired by Chief Minister Yogi Adityanath, underline the state government’s focus on expanding road connectivity around emerging industrial hubs while attracting manufacturing investment to districts beyond major urban centres. The approvals cover both greenfield expressway c..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code