THE AVIATION INDUSTRY HAS FACED SIGNIFICANT CHALLENGES in recent years, with the COVID-19 pandemic and geopolitical conflicts disrupting global supply chains. These disruptions have led to bottlenecks and constraints, posing a significant obstacle to the industry's recovery, despite the anticipated rebound in travel demand. While the Indian aviation sector has made strides in overcoming recent hurdles, it also continues to grapple with supply chain issues that are hindering its recovery. These issues threaten the remarkable growth trajectory of India's aerospace sector, which is driven by a booming economy and ambitious expansion plans. According to CAPA India's forecast, the Indian aviation industry is expected to have approximately 790 aircraft in its fleet by March 2024, with 588 operational aircraft. This means that over 200 aircraft or nearly 25 per cent of the total fleet will be grounded by March 2024. A major concern for mass grounding of domestic airlines is due to supply chain issues. This could disrupt the industry significantly, with major carriers like IndiGo, Air India, and SpiceJet already facing substantial grounding numbers. The current total of over 160 grounded aircraft across Indian airlines paints a worrying picture for the industry's future.
This story is from the Issue 12, 2023 edition of SP’s Aviation.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 8,500+ magazines and newspapers.
Already a subscriber ? Sign In
This story is from the Issue 12, 2023 edition of SP’s Aviation.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 8,500+ magazines and newspapers.
Already a subscriber? Sign In
IAI LAUNCHES AEROSPACE SERVICES INDIA
Israel Aerospace Industries IAI) reiterates its 3-decades’ long commitment with the launch of AeroSpace Services India ASI) in New Delhi
REDEFINING COMFORT IN BUSINESS JETS
Leading Bizjet manufacturers are transforming business travel with the use of cutting-edge technologies to deliver the ultimate travel experience Top of Form
AÉROSPATIALE/BAC CONCORDE: RACING THE SUN
Concorde was the only commercial plane that could race the sun. If it departed London at 10 am local time, it reached New York before 10 am local time.
POWERING THE FUTURE
CFM International showcases its RISE next-generation engine architecture that aims to revolutionise engine design, targeting lower noise levels and achieving 100 per cent SAF’ certification
ANOTHER SUCCESS WITH THE AUTONOMOUS LANDING EXPERIMENT
ISRO achieved a major milestone in the area of Reusable Launch Vehicle RLV) technology, through the RLV LEX-02 landing experiment, the second of the series
IAF PARTNERING EMBRAER DEFENSE
With their versatility, operational efficiency, and technological advancements, Embraer aircraft have become a trusted component of the AF’s aerial arsenal
"INDIA'S CHARTER SEGMENT IS UNDER-SERVED" - ARUN KASHYAP
An Unserved private charter segment propels MRO veteran Arun Kashyap to start off on his own new venture Sirius India Airlines by partnering with a UAE-based conglomerate Airavat Aviation.
"AI WILL IMPROVE OUR OPERATIONAL EFFICIENCY MANY TIMES MORE"
In an exclusive interview, Air Marshal Ashutosh Dixit, Deputy Chief of the Air Staff speaks with Manish Kumar Jha for SP’s Aviation, on the IAF’s capability roadmap and the thrust on the next-generation technology adoption
A CATALYST FOR ECONOMIC GROWTH
Business Aviation is crucial to the growth of an economy and by recognising the economic and social benefits of business aviation and implementing supportive policies, governments can create an environment that fosters growth and strengthens the overall economy
CHARTINGA SUSTAINABLE COURSE
India's aviation sector is experiencing rapid growth accompanied by an inevitable surge in carbon emissions. To counter this environmental challenge, collaborative initiatives between airlines and the MoCA need to taken shape for the integration and adoption of SAF.
