Indian Aviation Industry

According to the aviation’ Jargon, a wet lease of an aircraft is an arrangement whereby the lesser EOT in this case), provides crew, maintenance and aircraft for a consideration. In turn the lesser takes on the responsibility for supplying and operating the aircraft. * Jet Airways, that carried the largest number of international passengers from India in 2012, would also be offering visa procurement services to its passengers who have travel plans for the United Arab Emirates (AJAX) and are flying the carrier. It has partnered with Dubbed-based travel service firm Danna wherein the travelers from

India to ABA Dhabi, Dubbed and Share would have the option to individually secure their visa prior to departure. Passengers would be guided through the visa process by Donna’s travel specialists, who will collect all the necessary documents and submit the visa application to the I-JAKE Government on the passengers’ behalf. * In a bid to offer a more convenient transit to international passengers, the Rajah Gandhi International Airport in Hydrated is set to commence Visa on arrival’ facility, after it gets a nod from the Centre.

Visitors from 11 countries will be eligible to get a visa on arrival with effect from May 31, 2013. The tourist visa-on-arrival’, with a maximum validity of 30 days and single entry facility, shall be granted by the immigration officers at the airport to the citizens of 11 countries– Finland, Japan, Luxembourg, New Zealand, Singapore, Cambodia, Laos, Vietnam, Philippines, Manner and Indonesia. * Cathartic Shiva International Airport (ASIA), managed by Mambas International Airport Pet. Ltd. MILL) has been honored with ISO 14064-1:2006 Indian Aviation Industry By Hexagonally arbor certification worldwide, for the second year in a row. In 2012, ASIA had become the first ever airport in India and the second in Asia, to be acknowledged for its consistent efforts in reducing its carbon footprint. With the certification in 2013, ASIA is now in the process of upgrading its IAC Airport Carbon Accreditation Rating from Mapping (Level 1) to Reduction (Level 2). ASIA has introduced a variety of measures to reduce carbon emissions from its operations.

ASIA was the first airport in India, to initiate the mapping process voluntarily and submit emission levels to Directorate General of Civil Aviation (COCA), in 2012. Government Initiatives The Indian Government is dedicated to the development of the Indian aviation industry and has introduced several policies and regulatory reforms to boost private participation and investments in the same. Recently, the Government allowed 49 per cent FED by foreign airlines in the sector. Some of the deals like Data-Air Asia and Jet Airways – Edited have already been announced and are likely to boost civil aviation in a big way.

Moreover, in order to fuel growth in maintenance, repair and operations MR.) business and to make it competitive, the Government has made several concessions in the Union Budget for 2013-14 including extension of time period allowed for utilization of aircraft parts and equipments from three months to one year, exemption of custom duty on parts, equipment, accessories, spares required for MR. purposes to private category aircrafts also and inclusion of foreign airlines for the purpose of duty-free imports of parts, etc as applicable for scheduled air transport services.

The industry has widely welcomed these concessions. The Indian overspent has also proposed investment of IIS$12. 1 billion in the airport infrastructure during the 12th Plan period, of which IIS$ 9. 3 billion is anticipated to come from the private sector. The scope of development would include construction of new airports, expansion, modernization of existing airports and development of low cost airports to keep the tariff at its minimal at smaller airports, improvement in connecting infrastructure, and development of world class Air Navigation Services infrastructure.

The Government has also made significant initiative to spur placement of the aviation industry by propagating five major airports under public- private partnership (APP) model and endorsing emergence of Greenfield airports which envisages synergy between the public and private sector. Road Ahead Private participation in expanding air transport network and related infrastructure has propelled growth of air traffic in a big way in India.