Category Archives: Associations

Peter Semone elected as Chair of PATA Executive Board for second term, aims to fulfil remaining objectives

PATA has announced its new Executive Board. Peter Semone will be the Chair for a second term. Suman Pandey as the Vice Chair, and Luzi Matzig as the treasurer. Noor Ahmad Hamid, PATA, CEO remains on the board as an ex-officio member. Executive Board members are Ben Montgomery, Henry Oh, Noredah Othman, Mayur Patel, Gerald Perez, and SanJeet.

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IndiGo to partner with govt for IATA AGM 2025, to show India’s transition from domestic to global aviation giant

IndiGo will host the 81st IATA AGM and World Air Transport Summit in Delhi, India, in June 2025. Pieter Elbers, CEO, IndiGo, said, “IndiGo will be the host airline, and this is an important moment for us to showcase how India has changed and the developments in its aviation sector. We will closely collaborate with the government and policymakers to address all relevant issues and highlight India’s transition from a predominantly domestic market to a global aviation giant.”

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Indian airports’ FY25 profit to grow by 35% on strong demand, says Paramprit Singh Bakshi, VP, CAPA India

Paramprit Singh Bakshi, Vice-President, CAPA India, said, “Amid strong demand and “unprecedented investment in aircraft orders, product, brand, technology, the Indian airport industry’s profit before tax (PBT) is expected to grow by 35 per cent year-on-year (Y-o-Y) to Rs 10,370 crore in the financial year 2024-25 (FY25)”. The industry, in FY24, is estimated to have had a PBT of Rs 7,680 crore, which was 134.1 per cent more Y-o-Y as the airport sector recovered after Covid-19.

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We are preparing NMIA to fulfil travellers aspirations, working with airlines for slot allocation, says Arun Bansal

At the CAPA India Aviation Summit 2024, Arun Bansal, CEO, Adani Airport Holding, said, “We are preparing NMIA to meet travellers aspirations from day one. The Navi Mumbai airport will be the most digitised airport from day one. We are actively working with airlines for slot allocation between CSMIA and NMIA for fair play.”

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PATA Travel Mart 2024 to witness 57% participation from leisure segment buyers and 8% from MICE segment

Focusing on benefits of attending PATA Travel Mart 2024, Noor Ahmad, CEO, PATA, revealed that the event is expected to witness 57% participation from the leisure segment buyers and 31% from buyers with M!CE & leisure (both), while 8% from MICE segment. The PATA Travel Mart 2024 is scheduled from August 27-29, in Bangkok, Thailand.

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Rate of growth very strong, carriers could add 600-700 more aircraft in next 5-7 years: Kapil Kaul

Kapil Kaul, CEO & Director, CAPA India, addressing the CAPA India Aviation Summit said, “India’s airline fleet is set to double by FY2030. It took the Indian industry around 90 years from the time of the first commercial flight to reach a fleet size of 700 aircraft. But the rate of growth is so strong that carriers could add a further 600-700 aircraft in just the next 5-7 years.”

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IATA DG warns airlines to stay vigilant about govts “going rogue” on globally agreed aviation standards

Airlines must stay vigilant about governments “going rogue” on globally agreed aviation standards, as the Dutch government did when it moved to cut Amsterdam Schiphol Airport’s capacity without consultation, Willie Walsh, Director General IATA, said. Such actions had the potential to create a retaliatory mess, he warned.

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Experiential and luxury travel see 20-30% increase; numbers expected to continue grow further: Riaz Munshi

Riaz Munshi, President, OTOAI said, “People are more mature; we have seen a 20-30 per cent increase in experience and luxury travel, which is a significant number. We anticipate these numbers will continue to grow, making experience and luxury travel the most rapidly growing segment in the travel industry.”

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India’s air traffic surpassed 2019 levels in 2023; tech driving aviation growth: Country Director-India, IATA

Amitabh Khosla, Country Director-India, IATA said that India’s air traffic had already surpassed 2019 levels, both for domestic and international flights, in 2023 itself.  “So certainly, we are witnessing rapid growth, as demonstrated in the unveiling video of the 2025 AGM. There is a significance amount of activity and technology driving aviation growth in India, ” he added.

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