The chairman of Sky One adds that the rise of low-cost carriers and the focus on regional connectivity schemes have also accelerated this growth India’s aviation sector is witnessing unprecedented growth, driven by a surge in demand and the rapid development of new airports. With record numbers of passengers flying, …
Read More »The latest data released by aviation consultancy firm CAPA India highlights India’s robust growth in the global aviation market, with international air traffic estimated at 69.7 million passengers in 2023-24, marking a 22.5% year-on-year increase. The Economic Survey 2023-24 emphasizes the urgent need for increased investment in airport infrastructure …
Read More »Union Civil Aviation Minister, Shri Kinjrapu Rammohan Naidu has announced the implementation of a uniform IGST rate of 5% on all aircraft and aircraft engine parts, effective from today,15th July 2024. This decision marks a significant milestone for the domestic Maintenance, Repair, and Overhaul (MRO) industry, aimed at making India …
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