Author name: admin

Recent News

ÇELEBI achieves special IATA CEIV certification for temperature sensitive pharmaceuticals

New Delhi, 1st September 2021: Making use of technological advancements to bring in higher efficiency, Çelebi Delhi Cargo Terminal Management, the joint venture between DIAL and Çelebi Ground Handling today announced that it has been accredited with IATA CEIV Pharma certification for its cargo and warehouse operations. Given the current scenario, the air cargo industry is calling for higher standards when transporting temperature sensitive pharmaceuticals. To cope with the growing expectation for standardization, the certification ensures international and national compliance to safeguard product integrity to its destination. From the onset of the COVID-19 pandemic, Çelebi has done import and export of various types of vaccines, pharma, medical aid, and oxygen containers. Vaccine transfers require a controlled temperature and without delay to ensure the quality of the product in line with international regulatory requirements. Now, with this CEIV certification Celebi will be capable of building additional certified temperature control rooms as required. Kamesh Peri, CEO, Çelebi Delhi Cargo Terminal Management said, “This is a prestigious certification to have, especially in present times with the highest standards expected in handling temperature-sensitive pharmaceuticals. We have achieved it after a thorough audit process performed by IATA who assessed and found our quality systems, infrastructure, procedures, and policies to be in absolute compliance. This was made possible by our committed team and I am very proud of their tireless & brilliant efforts.” Çelebi has a state-of-the art Pharmaceutical Logistics Centre spread over 1200 sqm area. The Centre has a pre-cool facility and four chambers within the range of +15⁰c and -20⁰c, with a capacity of 72,000 MT annually. Recently, Çelebi also achieved GDP (Good Distribution Practice) certification for its Exports Pharma Logistics Centre and Pharma Processing Facility in Import for Çelebi Delhi Cargo Terminal.

Defence

HENSOLDT to equip German F124 frigates with new radars

This contract will mark HENSOLDT entry in Ballistic Missile Defence capabilities Taufkirchen, Germany, 24 August 2021: Sensor solutions provider HENSOLDT, together with Israel Aerospace Industries (IAI), is supplying new radars to the German Navy to modernise the sensor technology of the F124 air defence frigates. The Federal Office of Bundeswehr Equipment, Information Technology and Operation (BAAINBw) has placed an order worth approximately 200 million euros for the delivery and installation of four sensor systems consisting of radar and IFF system respectively. With this order the F124 frigate’s radars will be refurbished to overcome obsolescence of electronics components. The order also marks the start of the development of national capabilities in the field of Ballistic Missile Defence (BMD). It includes a shore facility that is a fully functional copy of the ship’s radars. It not only enables training for users and service technicians, but also allows further developments to be tested on land prior to onboard installation. To this end, HENSOLDT has entered into a strategic cooperation in the field of BMD-capable wide-range radars in S-band with IAI subsidiary ELTA Systems Ltd. This supplies the German customer with a combination of a national partner for certification and long-term support, as well as market-available systems that have been tried and tested in the field. Previously, the contract for the modernisation of land-based air surveillance in the HADR NF programme, also based on a cooperation with IAI’s ELTA, was awarded to HENSOLDT. The radars used in both projects are largely identical in construction and thus also offer the customer advantages in terms of logistical supply and thus the long-term operation of the systems. In this way, further developments can also be used cross-sectionally and thus be introduced more cost-effectively.

Defence

Russian Helicopters to deliver upgraded Ka-52M helicopters

Moscow / August 24, 2021 Russian Helicopters Holding Company (a part of Rostec State Corporation) at the international military and technical forum “Army-2021” has signed a contract with the Ministry of Defense of the Russian Federation to supply the first modernised attack helicopters Ka-52M. The first rotorcrft is to be delivered already in 2022. Scheduled deliveries for the modernized helicopters to begin after state joint tests have been completed, which starts in August. “The Ka-52 is one of the best attack helicopters in the world, but even the best aircraft needs timely modernization, which will expand its combat capabilities,” said Andrey Boginsky, Director General of Russian Helicopters Holding Company. ¬– With updated version development, our designers drew on the experience of Alligator’s operation, including in real combat situations. Therefore, everything in the modernized attack helicopter is aimed at improving combat effectiveness in all weather conditions. Under an agreement with the Russian Ministry of Defense, preparations for serial production have already begun at the AAC ”Progress” facility in the Primorye”. Ka-52M has received a modernized avionics complex, equipped with more powerful computers for better performance. With its support, the weapon’s application capabilities have been expanded, including in night conditions. The target range of detection and recognition at night has been doubled. The helicopter has installed and tested advanced missile weapons. The Ka-52M is adapted to work in conjunction with UAVs. The data obtained from the drones will help the crew to increase situational awareness on the battlefield and help significantly improve intelligence gathering at a greater distance. To increase the helicopter’s efficiency, intensive work is underway to install a radar station with an active phased antenna array (APAR). The combat radius has been increased. The helicopter is also equipped with an upgraded BLC (On-Board Load Control System).

Recent News

SriLankan Airlines to now board fully vaccinated Indians

New Delhi. 25th August: SriLankan Airlines after the govt. decison to reopen the island nation to fully vaccinated Indian tourists has opened its booking for such travellers.Currently, India accounts for over 120 million fully vaccinated citizens, which can be a huge potential tourist segment for Sri Lanka. Sri Lanka will accept tourist with all vaccines including Covaxin and there will be no quarantine for travellers who test Covid negative on arrival in Sri Lanka. One just needs to be fully vaccinated, with the second shot taken at least 14 days before the trip. A mandatory RT-PCR test will be conducted in the hotel and if anyone tests positive will be taken to health care centers run from hotels. All global Covid protocols like social distancing, & hand sanitation will be strictly followed. SriLankan Airlines currently operates four flights a week from Chennai, three flights a week from Mumbai, and once a week from Bangalore to its hub in Colombo. To strengthen ongoing operations, SriLankan will be introducing a host of frequency enhancements out of key Indian cities into Colombo effective September 1, 2021. The airline will be resuming services between Colombo and the Indian points; Madurai, Tiruchirappalli, Trivandrum and Cochin with flights once a week, whilst Hyderabad and New Delhi will be connected to Colombo with twice-weekly flights. Further, the Airlines’ operations out of Chennai and Mumbai will expand up to five times a week whilst its Bangalore-Colombo services will be enhanced to flights three times a week. Before the outbreak of the pandemic, the Airline operated an extensive network out of 11 Indian cities over 120 flights a week to Colombo, connecting travellers to the resplendent island and beyond.

Civil Aviation, MRO

ETIHAD ENGINEERING AND IAI TO PROVIDE PASSENGER TO FREIGHTER CONVERSIONS

25 August 2021, Abu Dhabi: Etihad Engineering, the largest commercial aircraft maintenance, repair and overhaul (MRO) services provider in the Middle East, has signed a strategic partnership with Israel Aerospace Industries (IAI), to provide Passenger to Freighter (P2F) conversions on Boeing 777-300ER’s. In 2019, IAI and GE Capital Aviation Services (GECAS) announced the launch of the Boeing 777-300ERSF, a programme which established a P2F conversion dubbed ‘The Big Twin’ denoting its status as the largest ever twin-engine freighter. While the Covid-19 pandemic has taken its toll on the aviation sector, cargo operations are offsetting operators’ losses, as it continues to play a critical role in facilitating international trade. As a result, industry forecasts show an increase in demand for wide-body freighter aircraft with long-haul capacity. Etihad Engineering will capitalise on their expertise and extensive capabilities for the specialised Boeing 777-300ERSF conversion. In the initial stage of the partnership, Etihad Engineering will facilitate towards two conversion lines accommodating multiple aircraft conversions per year. Tony Douglas, Group Chief Executive Officer, Etihad Aviation Group, said: “The Boeing 777-300ERSF is not only extremely attractive to customers but a technological breakthrough, given that it’s the first in its size category to offer extensive cargo solutions. Not only do we see the demand, but we view it as a greener, more profitable, highly innovative solution for our airline customers, and an excellent way to drive value for our business.” Abdul Khaliq Saeed, Chief Executive Officer, Etihad Engineering, said, “We are delighted to announce our partnership with IAI which maximises the potential of our highly skilled workforce and reinforces Etihad Engineering’s position as a centre of excellence in Abu Dhabi in line with Abu Dhabi’s economic vision 2030. Our commitment to the P2F programme demonstrates our confidence in the ability of IAI to deliver long-term value enhancement of the B777-300ER’s in the global fleet.” Boaz Levy, President & CEO, Israel Aerospace Industries, said “The Abraham Accords have given IAI the opportunity to expand its global activity to the Gulf region. IAI is active in over 100 countries across the world. Establishing the conversion site in partnership with Etihad Engineering is a testament to IAI’s strong ties with the UAE and strengthens its foothold in the region. I am confident that this agreement will lead to many more partnerships with local companies in the Gulf States, which will grow our business in the region.” Yossi Melamed, Executive Vice President and General Manager, Israel Aerospace Industries Aviation Group, said, “IAI’s Aviation Group, the world’s leading cargo conversion provider, has begun the structural modification of Boeing 777-300ERSF in cooperation with GECAS to provide a leading professional solution to the air cargo industry. Over many years, Etihad Engineering has received the highest professional regard from IAI’s Aviation Group. The Abraham Accords have enabled us to meet the company’s managers first-hand, to see their ability and dedication, in addition to witnessing the company’s great capabilities in the field of jet maintenance. The agreement we signed adds a significant tier to the relations between Israel and the Gulf States. I have no doubt following this agreement, additional agreements with companies in the region will arrive, and they will economically benefit the sides involved. I would like to thank Tony Douglas, the company’s CEO, and my friend Abdul Khaliq Saeed for the energy they invested in bringing to fruition the first cooperation agreement between IAI and Etihad Engineering. I eagerly await the moment when B77-300ERSF jets converted jointly by IAI and Etihad Engineering will take to the skies and serves clients all over the world.”

Recent News

Minister seeks personal intervention of CM of 5 states in expediting development of airports

New Delhi, 25th August 2021: Strengthening of aviation infrastructure in Andhra Pradesh, Arunachal Pradesh, Assam, Bihar & Chhattisgarh The Civil Aviation Minister, Jyotiraditya Scindia, has written to the Chief Ministers of Andhra Pradesh, Arunachal Pradesh, Assam, Bihar and Chhattisgarh, requesting their personal intervention to instruct the concerned officers to initiate action for expediting the various matters like land allocation, deposition of funds with Regional Air Connectivity Fund Trust (RACFT), VGF support for International UDAN operations etc. for strengthening of aviation infrastructure in the respective states. AAI has embarked upon development and expansion of airports in the country at a cost of Rs. 20,000 Crore in the next 4-5 years in order to meet the growing passenger demand in the country. In the letter written to Chief Minister of Andhra Pradesh  Y.S. Jagan Mohan Reddy, Scindia has mentioned that the State Government has already handed over the quantum of land in most of the airports. However, some portion of lands viz 14.31 acre at Tirupati required for extension of runway and other operational requirements, 10.25 acre at Rajahmundry for construction of residential colony and 50 acre at Kadapa for extension of runway and Approach Lighting System are yet to be handed over to AAI by the State Government. In addition to that, the Minister highlighted that the diversion of Eluru canal needs to be undertaken by the State Government for extension of runway upto 4000 m at Vijaywada airport along with approach lighting system. Further, the Minister observed that an amount of Rs.14.64 Crore needs to be deposited with Regional Air Connectivity Fund Trust (RACFT) at the earliest by the Andhra Pradesh Government (20% of VGF share for UDAN flights till 31.07.2021 in the State). The Minister stated, “State Govt may give their consent to provide 100% VGF support for International UDAN operations (Vishakhapatnam – Dubai). On receipt of the consent of the State Government for 100% VGF support, routes will be put to bidding for the airlines.” Similarly, the Shri Scindia has written to Chief Minister of Arunachal Pradesh seeking his intervention in land acquisition for various aviation sector projects which includes land requirements of 5.5 acre for installation of Non-Directional Beacon (NDB) and Doppler Very High Frequency Omni Range (DVOR) protection area and construction of Residential Colony for airport staff at Tezu Airport. Another 70 acres at Dirang, 34.3 acres at Daporijo, 2.3 acres at Passighat, 7 acres at Along and 10.6 acres at Ziro. He said that the State Government needs to immediately operationalize heliports at Daparizo, Itanagar, Tuting, Walong, Yinghiong and Ziro, for which Budget of Rs. 8.44 crores per heliport has already been allocated by this Ministry under Regional Connectivity Scheme (RCS)- UDAN (Ude Desh ka Aam Nagrik). Civil Aviation Minister  has also written to Assam Chief Minister Himanta Biswa Sarma drawing his attention to matter of land requirements of 78.5 acres at Dibrugarh Airport, 109 acres at Lilabari Airport, 116,5 acre at Silchar Airport & 50 acres at Jorhat Airport. He mentioned that the land required at Dibrugarh Airport will be utilized for future expansion of the Airport and necessary runway strip, while that at Lilabari Airport will be used for construction of Isolation bay, necessary runway strip and development of a new Aviation Manpower Training Institute. The land requested at Silchar Airport will be used to develop city side infrastructure and land at Jorhat Airport will be used for development of a New Civil Endlave. Out of the total projected land only 8.5 acre of land has been handed over at Dibrugarh Airport, and rest of the land parcels are yet to be handed over by the State Government. Scindia has written to the Bihar Chief Minister Shri Nitish Kumar, underscoring the land requirements of 49.5 acre at Patna airport for runway extension, Parallel taxi track, Doppler Very High Frequency Omni Range (DVOR) equipment, Isolation Bay and Glide Path, 50 acre at Purnia Airport for development of New Civil Enclave, 121 acre at Raxaul to develop the airport for ATR-72 type of Aircraft, 475 acre at Muzaffarpur airport to develop it for operation of A-320 type of aircraft, 78 acre at Darbhanga for development of new civil enclave along with CAT I approach light system. He said that Bihar should also take into consideration the scope for international connectivity and consequently viability of operation of a wide body aircraft. Ministry has requested the State Government to consider the provision of 100% VGF support for commencing International UDAN operations from Patna and Gaya (Gaya – Bangkok, Gaya – Kathmandu, Gaya – Yangon, Patna – Kathmandu & Patna – Dubai). On receipt of the consent of the State Govt for 100% VGF support, routes will be put for bidding for the airlines. While writing to the Chhattisgarh Chief Minister Bhupesh Baghel, Shri Scindia highlighted the matters related to land requirement of 569 acre at Raigarh for development of the airport to make it suitable for operations of ATR72/Q400 type of aircraft in Phase-l and AB-320 type of Aircraft in Phase-II. Further, the Minister observed that restoration of airport land in favour of AAI by the State Govt. is also pending at the end of the State Govt. In addition, the Minister mentioned that an amount of Rs.0.60 Crore needs to be deposited with Regional Air Connectivity Fund Trust (RACFT) at the earliest by the State Govt. as 20% of Viability Gap Funding (VGF) share for Ude Desh ka Aaam Nagrik (UDAN) flights till 31.07.2021 in the State. He also urged the Chief Minister to intervene and expedite the development of Ambikapur airport for 3C operations under Regional Connectivity Scheme (RCS) – UDAN operations for which a budget of Rs. 90 Crore has been allocated.

Recent News

Civil Aviation Minister urges States/UTS to rationalize VAT on ATF

New Delhi, 25th August 2021: *Rationalization of VAT to give impetus to air travel: Minsiter urges to make it within the range of 1% to 4% *To enable a multiplier effect with regard to air connectivity and economic development In order to give impetus to air travel, Union Minister for Civil Aviation ,Shri Jyotiraditya Scindia has written letter to 22 States/ UTs urging them to rationalize VAT on ATF across all airports in States within the range of 1% to 4%. He has asked them to take forward common intention to boost air travel and connectivity in State with a view to accelerate its economic development. The price of ATF is a major component of the operating cost of airlines with that, the tax on ATF contributes significantly to the ATF price. Addressing this issue would enable a force multiplier effect with regard to air connectivity in states. Citing examples of progressive states such as Kerala, Andhra Pradesh, Meghalaya, Nagaland, Sikkim and Telangana , the Minister wrote that they have brought down the VAT to one percent and even below. As a result, they have seen a substantial jump in the number of aircraft movements in their states. For example, the Government of Kerala has brought down VAT on ATF from 25% to 1%. Subsequently, the number of aircraft movements at Thiruvananthapuram airport increased from 21,516 flights to 23,566 flights in a span of 6 months ie an increase of 2050 aircraft movements post reduction of VAT. Similarly, aircraft movements at Hyderabad saw a rise from 76,954 flights to 86,842 flights in a span of 6 months i.e. an increase of 9888 aircraft movements after the reduction of VAT on ATF from 16% to 1%. Many other states, such as Andhra Pradesh, Chattisgarh, Nagaland, Orissa, Punjab and Sikkim have followed suit. The Minister brought to attention of the states that air connectivity directly promotes tourism growth, output growth and employment generation, in addition to various indirect benefits to the economy. In fact, the aviation sector has a high output multiplier of 3.25 and employment multiplier of 6.1. Presently, there is a huge disparity between States, and even within States, in terms of VAT being levied on ATF. Given the challenges that have arisen due to COVID-19. Hence ,the Minister emphasised on the need to reduce the existing VAT/Sales Tax on ATF to 1%-4% at all airports with immediate effect. Besides, it is worth noting that the revenue collected by the State on account of VAT on ATF is an insignificant proportion of the overall State finances. In any case, this will be more than offset by the positive impact of the air connectivity to the State through the flow of economic activities. The 22 states/UTs to which the Minister wrote include Arunachal Pradesh, Assam, Bihar, Goa, Gujarat, Haryana, Himachal Pradesh, Jharkhand, Karnataka, Maharashtra, Madhya Pradesh, Mizoram, Rajasthan, Tamil Nadu, Tripura, Uttarakhand, Uttar Pradesh, Jammu & Kashmir, National Capital Territory of Delhi, Ladakh, Andaman Nicobar, and Dadra and Nagar Haveli and Daman & Diu.

Defence

BRAHMOS MISSILES MAY BE MANUFACTURED IN UP DEFENCE CORRIDOR

New Delhi, August 25, 2021 In a major development that could turn out to be a trendsetter uplifting the scenario of Uttar Pradesh both economically and socially, the state may soon start manufacturing the Next-Gen state of the art ‘BrahMos missile’. To establish Uttar Pradesh as the country’s largest and advanced defence manufacturing centre, the Defense Industrial Corridor of UP will further gain momentum as Domestic and foreign companies working in the defence sector have taken the initiative to invest in the first Defence Industrial Corridor of the state. The BrahMos Aerospace’s CEO and MD, Dr. Sudhir Kumar Misra in a letter sent on Tuesday ( 24th Aug) to UPEIDA CEO and additional chief secretary (home) Awanish Awasthi sought 200 acre land for the project at the Defence Corridor for making the BrahMos missile. The delegation from aerospace also met Chief Minister Yogi Adityanath on Tuesday. BrahMos Supersonic Cruise Missile is the only unique, precise and state-of-the-art cruise missile in the world. The missile has been designed, developed and produced by BrahMos Aerospace, a joint venture of DRDO, Government of India and NPOM, Government of Russia. It is based on the technology of Russia’s P-800 Oniks cruise missile. About 500 engineers and technical people will get direct employment in the BrahMos Production Center which will be built by investing Rs 300 crores on the land to be allotted for making BrahMos missiles at Lucknow node. Apart from this, about five thousand people will get indirect employment and 10 thousand people will get work through the production center. The work of setting up the BrahMos Production Center is likely to start soon. Research and development work will also be done in these centers. More than 100 BrahMos missiles are planned to be built in the next three years. Due to the BrahMos Production Center, many other well-known companies working in the defence sector in the UP Defence Corridor will come to the state. It is worth noting that Prime Minister Narendra Modi had announced the creation of a Defence Corridor in UP during the Investors’ Summit in January 2018. Further, it was announced that the state government is setting up defence corridors at Lucknow, Kanpur, Chitrakoot, Jhansi, Agra, and Aligarh nodes. During the Defense Expo-Lucknow in February 2020, many domestic and foreign companies making products related to defence had signed MoUs worth 50,000 crores for investment in the corridor. Most of the MoUs have been signed for the corridor being built in Andla on Khair Road in Aligarh. After this, various companies have shown interest in investing in the Lucknow node. According to UPEIDA officials, around 29 companies submitted their proposals to the government for setting up factories in the Aligarh node and requested to provide land for setting up factories. Similarly, 11 companies in the Lucknow node, six in the Jhansi node, eight in Kanpur node have requested to provide land for setting up factories. Acting on the proposals received from various companies, UPEDIA has so far allotted 55.4 hectares of land in Aligarh node to 19 international companies. About four acres of land has been allotted to two companies in Kanpur node and 15 acres of land to one company in Jhansi. Whereas in Lucknow node, it has been agreed to give 200 acres of land to build Brahmos Production Center. In the last three years, over 65 big companies have requested the government to provide land in the Defense Industrial Corridor to set up their factories, of which around 19 big companies have been allotted 55.4 hectares of land by the Uttar Pradesh Expressways Industrial Development Authority (UPEIDA) recently. In the Aligarh node, among the 19 companies related to the defence sector, who have been allotted land, two companies are investing Rs 581 crore to make drones. In this, Anchor Research Lab LLP will invest the maximum amount of Rs 550 crore. The company has been allotted 10 hectares of land on behalf of UPEIDA. With an investment of Rs 30.75 crore, Allan and Alvan has been allotted a land of 8 acres. Similarly, 10 hectares of land has also been allotted to Sadicate Innovation International, which is investing Rs 150 crore. With an investment of Rs 100 crore Jai Sai Anu Overseas has been given 4.5 hectares of land and Milkor Defence Pvt Ltd investing Rs 98.25 crore, has been given around 4 acres of land . Tractrix Auto Dynamics, which is investing 40 crores, has been given 2 acres of land. Apart from this, Nitya Creation India, PBM Insolation Pvt Ltd, Deep Explo Equipments Pvt Ltd, Veriwin Defense Pvt Ltd, Advance Fire and Safety, Crimson Energy Exports, P-2 Logitech and Cobra Industries has also been allotted land for setting up the factory. Soon the above companies will start the process of setting up their factories. These 19 companies of Aligarh node will provide employment to thousands of people by investing Rsp 1245 crore. With these investments made in the Aligarh, Kanpur, Jhansi and Lucknow nodes in the Defense Corridor, the state will move rapidly towards becomin ing self-reliant in the field of defence product manufacturing.

Top Stories

SriLankan Airlines enhances connectivity from key Indian cities

Mumbai, August 24, 2021: SriLankan Airlines the National Carrier of Sri Lanka and a member of oneworld alliance in a bid to promote greater travel opportunities from India to Sri Lanka, pleased to announce strengthening its presence in India with more destinations and frequencies offering travelers to enjoy the freedom of travel.SriLankan Airlines currently operates four flights a week from Chennai, three flights a week from Mumbai, and once a week from Bangalore to its hub in Colombo. To strengthen ongoing operations SriLankan will be introducing a host of frequency enhancements out of key Indian cities into Colombo effective September 1, 2021.Currently, India accounts for over 120 million fully vaccinated citizens which has resulted in the reawakening interest in travel. Accordingly, SriLankan Airlines wishes to inform the travel trade partners across India that from September, the Airline will be resuming services between Colombo and the Indian points; Madurai, Tiruchirappalli, Trivandrum and Cochin with flights once a week, whilst Hyderabad and New Delhi will be connected to Colombo with twice-weekly flights. Further, the Airlines’ operations out of Chennai and Mumbai will expand up to five times a week whilst its Bangalore-Colombo services will be enhanced to flights three times a week. Before the outbreak of the pandemic, the Airline operated an extensive network out of 11 Indian cities over 120 flights a week to Colombo, connecting travellers to the resplendent island and beyond. The Airline aims to provide maximum flexibility and a wider choice in terms of travel with the enhanced frequencies and anticipates welcoming its valued customers aboard from the country’s closest neighbor. SriLankan Airlines currently holds the highest attainable ‘Diamond’ status from the recently concluded APEX Health and Safety Audit, thus affirming its stature as an airline with the highest focus on passenger safety and wellbeing throughout the passenger journey. SriLankan Airlines brings to India the invitation to explore Sri Lanka and assures the warmth and hospitality that will be extended onboard will continue right through the journey of exploring the destination Sri Lanka.

Business Aviation

JetSetGo Aviation becomes First Aircraft Leasing Company to Import Hawker 800 XP at GIFT City

Nagpur; August 19th: JetSetFleet Management Services IFSC Private, a leasing arm of JetSetGo Aviation, has become the first Indian leasing business to directly import an aircraft.The aircraft, a Hawker 800 XP, leased through GIFT City, IFSC was imported from the United Kingdom and towed into the MRO after landing at Nagpur airport. Parking and warehousing services were provided by Air India MRO. This aircraft was brought into the SEZ for the purpose of leasing, promoting MRO and offering other ancillary services in the region. This transaction is being hailed as the country’s first-ever after the Ministry of Finance established a framework for Aircraft Leasing and Tax SOPS were granted, to shift the leasing business from Ireland or other locations to Indian Territories. To lease out the aircraft, the Company is experimenting with a novel financing strategy wherein JetSetGo plans on using the ‘pay-as-you-go’ arrangement. Under this model, the Company gets compensated based on how much the aircraft flies. In addition to this, JetSetGo is also looking into revenue-sharing arrangements. Kanika Tekriwal, Founder & CEO, JetSetGo Aviation said, “With the import of the Hawker 800 XP, we are extremely proud to be the first Indian leasing company to bring an aircraft into the country directly. This is not just a big milestone for us as a business, but also a historic move for India’s aviation industry as a whole. We are thrilled to have been able to do this as it is a step forward towards putting India on the global aviation map and enabling many industry-firsts going forward. With this initiative, we want to ensure that the leasing of aircrafts becomes feasible in India. Furthermore, we are planning to bring in at least six aircrafts by the end of 2021-22, and by the end of 2022, we will also look at leasing planes to international locations.” The imported aircraft was provided a tax-free landing by the SEZ in Nagpur on Thursday, following which it was flown to Delhi to be delivered to Indo Pacific Aviation, which is an arm of JetSetGo.

FOREWORD

Dear Reader’s,

 

The current edition of Aviation World has covered many areas of Aerospace & Defence based on the latest development in the sector. The front cover highlights three different images, first for the Union Civil Aviation Minister ….. who is leading from the front to steer Indian Civil Aviation sector to witness one of the most interesting phases. He is also facing most tumultuous timing due to the ongoing financial stress in the Aviation sector due to ATF rising cost and long airspace restrictions resulting in mounting losses for Indian carriers. Despite of all the ground level challenges,the minister is addressing new things on regular basis which keeps the sector motivated. We have featured many such developmental works in this edition done under his guidance which will be interesting to read.

Our lead story on “ The West War” is another important feature which covers the ground level reality of the challenges faced by the Aviation sector. Its though time ahead and we believe it will pass soon .

There are features on Regional connectivity and MoCA revised rules on the UDAN 2.0 and how its going to transform the flying experience within India.

In this edition, we have covered topics on MRO,Various Policy changes,Sea Plane Operations by SkyHop Aviation, TATA-Airbus joint project on C295 military aircraft under Make In India which is expected to roll out soon and many other interesting contents which will be good to read.

We are covering Farnborough International Airshow 2026 from 20-24July 2026 in London and our next edition will be based on the same event.For features, you may contact our team on priority basis.

 

Happy Reading!

NEWSLETTER

Aviation World Magazine is India’s premier aviation magazine and has been actively supporting the development of the Indian and global civil aviation sector. We started our journey in year 2015 and its been 12 years now and the response and acceptance is really encouraging. Thanks to all our associates and writers who remained with us in our progressive journey.

We have started 2026 on a very positive note and we look forward to increase our footprints to more locations and induct many more new companies in our campaign.. Do write to us at : editor@aviationworld.in

Disclaimer

The contents published in this website are news covering Aviation, Aerospace and Defence sector. The objective is to provide news in informative form to keep our readers updated of the latest development. We also publish content featured in our print publication Aviation World.We try our best to avoid any factual errors or image displayed here but we ensure immediate corrections to any such thing brought to our notice that might have been published inadvertently. All images and contents are sourced from the relevant organisations media team.

Copyright ©2014 – 2026. AVIATION WORLD. All rights reserved.

Scroll to Top