Tag Archives: CAPA India Aviation Summit

Average daily domestic traffic to rise from current 4.2-4.4 lakh to 4.56 lakh by Oct 2023: Scindia

Speaking at the CAPA India Aviation Summit, Jyotiraditya Scindia, Union Minister of Civil Aviation, has said that the average daily domestic aviation passenger is set to surpass the earlier peak of 4,56,000 by October 2023. “Currently, India experiencing daily domestic aviation passengers of around 420,000 – 440,000”, he said.

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CAPA India Aviation Summit discusses opportunities and challenges of Indian aviation market

CAPA India Aviation Summit, underway in Delhi, saw in presence stalwarts of the aviation industry, including airline heads, airport representatives and stakeholders from around the world. Peter Harbison, Executive Chairman, CAPA – Centre for Aviation, welcomed the delegates and said, “The Indian aviation market has a huge potential and is one of the fastest growing aviation markets in the world. However, there are a few challenges which need to be taken care of. We hope the summit puts across facts and figures that the industry can use for its benefit. We saw a good attendance from major Indian aviation players at the summit and we hope the brainstorming on issues and trends will help the industry at large.”  

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SpiceJet is not bidding for Air India stake

Ajay Singh, Chairman, SpiceJet, has confirmed that the airline will not bid for any stake in the process of privatisation of Air India. Speaking at the recently-concluded CAPA India Aviation Summit 2018 in Mumbai, he said, “We are just too small to bid for Air India. We may not be the appropriate candidate for this. Vistara and Singapore Airlines will probably do it. Conceptually, we are too small for this. Nevertheless, it’s a great asset and a fantastic brand.” Speaking about government’s move to privatise the national airline, Singh added, “The government has taken an appropriate decision and the reason for that is not lack of performance. I think we had some really great managers at Air India. Problem is the government system itself. If Air India is required to take every decision through a tender process, it is almost impossible to function. Either you need to allow them to run like a private operator or sell it to a private operator. .” He also confirmed that SpiceJet will expand its international routes albeit without mentioning any destinations. CAPA acknowledged his effort in turning around the airline over the last 32 months.

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