Jyotiraditya Scindia unveils Air India Airbus A350 at Wings India 2024

25 Jan 2024 CW Team

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.

Infrastructure Urban

06 Jul 2026

ABS Marine Sees CRISIL Credit Rating Upgrade

ABS Marine Services has secured an upgrade to its long term and short term credit ratings from CRISIL, reflecting improved profitability and revenue growth through long term contracts. CRISIL moved the long term rating from BBB+/Stable to A-/Stable and revised the short term rating from A2 to A2+. The action signals strengthened financial metrics and operational resilience. The company benefited from durable client relationships with firms such as ONGC and Schlumberger. The rating decision followed stronger cash flows and an enlarged bank loan facility, which increased from Rs 3,705 million (m..

Project BRAHMANK Marks 16 Years Of Strategic Roads In Arunachal

Project BRAHMANK is marking 16 years of work to establish strategic road and bridge links across Arunachal Pradesh, maintaining and developing 811 kilometres of roads and nearly 86 bridges that range from small culverts to large steel and arch bridges. These transport links are described as critical for ensuring year-round movement of defence personnel, equipment and essential supplies while improving everyday travel for people in remote villages. The project balances national security requirements with regional development by focusing on reliable access in challenging terrain. Notable enginee..

Longleng CSOs Give One Week Ultimatum Over Two-Lane Highway

Civil society organisations (CSOs) in Longleng district have demanded immediate restoration of the deteriorating Changtongya–Longleng two-lane road and sought a detailed status report on the stalled construction within one week. The demand followed a consultative meeting convened under the Phom Peoples' Council (PPC) to discuss welfare and development concerns. PPC president YB Angam Phom said prolonged non-maintenance had caused hardship to commuters and affected transportation, local commerce and the district's development. The meeting urged authorities to undertake immediate restoration a..