Tuesday, June 30, 2015
The long-awaited measure of corporatising and listing the Airports Authority of India (AAI) on the bourses is unlikely to be completed by the end of the current financial year as planned by the Ministry of Civil Aviation (MoCA).
A senior official in the Airports Authority of India (AAI) said, “We have to hive off Air Navigation Services (ANS), form a company, get it rated and then go for listing. All this will take at least three years, if not longer.”
Earlier this year, AAI kicked off the divestment process and subsequent listing on the bourses by hiring SBI Caps to guide them through the process. However, AAI insiders point out that the biggest hurdle that has emerged in corporatising AAI is its huge land bank. AAI has 58,000 acres of land dotting the country.
Civil Aviation Minister Ashok Gajapati Raju Pusapati had announced plans to corporatise AAI and list it on the stock exchange in a bid to improve transparency and efficiency in November 2014. He had declined to specify a time line for the same. However, then Civil Aviation Secretary V Somasundaram had indicated that it could take up to six months.
AAI is the country’s largest Airport operator and owns and maintains 125 Airports comprising 68 operational Airports and 26 Civil Enclaves. The company has been making profits since its inception and posted net profits of Rs 735 crore and Rs 796 crore during 2012-13 and 2013-14, respectively. The operator’s profits have soared on hefty fees from joint ventures that operate the Delhi, Mumbai, Bengaluru and Hyderabad Airports. AAI’s fees from the Delhi and Mumbai Airports have more than doubled from Rs 1,035 crore in 2010-11 to Rs 2,673 crore in 2013-14.
This money has helped it modernise the Kolkata and Chennai airports, as well as other smaller ones, on its own. In 2012-
13, AAI invested Rs 1,800 crore in developing Airport infrastructure.
Amber Dubey, partner and India head of Aerospace and Defence at global consultancy KPMG, said, “Listing will allow AAI to
raise funds and not be dependent on government. It will get a chance to unlock its hidden potential, especially in non-
aeronautical revenue. Also, there will be greater transparency, professionalism and commercial orientation in the company.
This means the long pending hive off of AAI’s Air Navigation Services into an independent corporate body may also happen.”
The government has appointed former law secretary NK Chaturvedi as a consultant to recommend measures to spin off ANS from
the state-owned Airport operator.
* AAI is the country’s Largest Airport Operator and owns and maintains 125 Airports comprising 68 operational Airports and
26 Civil Enclaves.
* The company has been making profits since its inception and posted net profits of Rs 735 crore and Rs 796 crore during
2012-13 and 2013-14, respectively.
Eesha Rohida [ MBA Mktg ]
Aviation News Editor
Saturday, June 27, 2015
We are hiring graduates (in any discipline) - both fresh and experienced for the following positions based at Ranchi airport. All applicants must possess the qualities of positive thinking, alertness, friendliness, flexibility to work in diverse situations, patience, and an eye for detail. Fluency in English and the regional language is a must.
1. Trainee Security Executive: No experience required. Age limit : 25 years
2. Security Executive: Basic AVSEC. 1 to 5 years experience. Valid X-Ray Screener Certification is preferred.
3. Security Supervisors: Basic AVSEC and valid X Ray Screener Certification. 5+ years’ experience.
4. Customer Service Executive (CSE): 6 months to 2 Years Experience in an airline / airport.
5. Senior CSE: 2+ years of experience. Preferred: Load & Trim License.
6. Duty Supervisor: 4 - 6 years experience.
7. Duty Officer: 6 - 8 years experience.
8. Duty Manager: 8+ years of experience.
How to apply? Through our portal:
Date of hiring: 30th June (Tuesday). Shortlisted candidates will be invited for an interview at Hotel Green Horizon, Station Road, Ranchi.
We welcome you to the fun filled FLYeasy family! Apply, and watch your career
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Civil Aviation Ministry Clears Proposal For New Airport In NCR The National Capital Region (NCR) may have a second Airport with the Civil Aviation Ministry clearing a proposal in this regard to ease the burden on the Indira Gandhi International Airport, which handled over 40 million passengers last fiscal.
The proposal to develop a New Airport, for which several sites are being explored including Jewar in Noida, would now be sent to the Cabinet for approval, Union Minister of State for Civil Aviation Mahesh Sharma said.
The decision was taken at a high-level meeting attended by Civil Aviation Secretary Rajeev Nayan Choubey, Air India CMD
Rohit Nandan, his Pawans Hans counterpart B P Sharma, Airports Authority of India Chairman R K Srivastava, Director General of Civil Aviation M Sathiyavathi and Senior Civil Aviation Ministry officials besides Sharma.
We have decided to develop a second Airport in the NCR as we want to reduce both Pollution and Air Traffic at the Delhi
Airport," Sharma said.
The proposed Airport would cater to both Domestic and International Traffic, he said adding, facility would also undertake
To a question on the site for the proposed Airport, the Minister said Jewar would be the most appropriate as around 2000 acres of land was already available for the project.
"We are talking to the UP Government in this regard," Sharma said, adding the ministry is exploring other options as well.
According to Sharma, GMR Group-- the majority stakeholder in the venture that operates the Delhi International Airport is proposed to be accorded the right to first refusal with regard to the new project.
For the new project to fructify, the government would have to amend certain regulations as existing rules do not permit a second Airport within 150-kilometre radius of an existing one, unless the latter is functioning beyond its operational capacity. The Delhi airport handled 40.9 million passengers last fiscal against it operational capacity of 62.5 million.
Thursday, June 25, 2015
On March 8, 2014 the Malaysian Airlines flight MH 370 disappeared over the Indian Ocean, and there has been no trace of it despite a massive search operation.
On June 9, the Coast Guard's Dornier Aircraft also went missing off Tamil Nadu coast, raising serious concerns, not relating to just the defence forces but also for Civil Aviation. How are the two interlinked? The MH370 victims' families from Tamil Nadu were not even contacted or taken care of by the country's Civil Aviation Authorities.
The recent appeal of Deepa Lakshmi, wife of flight deputy commander Subash Suresh who was on board the missing Dornier Aircraft, to Prime Minister Narendra Modi exposes the lack of concern and compassion on the part of Aviation officials. It is obvious that the system, both in Civil and Military aviation, lacks the human touch.
In the MH370 event, the Aircraft reportedly flew close to 200km from Port Blair before flying south. It was not discovered because there was no working radar in the Andamans during night. Thus, government claims about secure borders and high vigilance levels lie exposed.
In this context, I would like to highlight a report submitted by a former member of the Civil Aviation Safety Advisory Council more than four years ago.
He reported that in case an Aircraft crashes into the sea, there was an agreement with the Coast Guard at Trivandrum. Chennai Airport does not have a facility to carry out search and rescue operation.Coast Guard also asked for 30 to 45 minutes advance notice during office hours and 60 to 90 minutes advance notice during non-working hours, he reported. This is unacceptable as the safety of passengers and their rescue in water depends on the speed of response.
Initial reports about the Dornier indicated that the ATC radar tracked it at 9,000ft, about 130km south of Chennai. There was a sudden drop of altitude of about 200ft before the Aircraft disappeared from the radar screen. A drop of 200ft is possible with a sudden loss of power on one engine, based on the levels of experience of the pilots. The question is: "Did they lose an engine or did the engine explode?" Reports of an explosion and fireball noticed by local fishermen add credibility to this theory . The Dornier Aircraft must be carrying satel lite communication equipment as they do fly at very low altitude over waters, to keep constant touch with the base station. The sudden stoppage of signals can be confirmed from Immersat and the Naval authorities must be aware of where the last signal came from. If the Aircraft was destroyed by an explosion, there will be debris close to that position. Our inability to mount a successful search and rescue operation, in notso-deep waters -stands exposed and it is for the government to address this on a war footing. Mere words won't help. Immediate proactive action is required to develop regional systems for search and rescue operations.
Eesha Rohida [ MBA Mktg ]
Aviation News Editor
Tuesday, June 23, 2015
It is very much possible for big Airplanes to be manufactured in India, although it will take a long time because requirements are huge for Capital, Skills and Infrastructure, Top Aircraft maker Boeing has said.
The $105-billion global giant also said that the government's 'Make in India' programme has become a major incentive for the Foreign Investors and every company wanted to be associated with it because of Prime Minister Narendra Modi's personal involvement in this initiative.
Stating that India is on the right track and it needs to gradually move up, senior Boeing executive Dinesh Keskar said that the country and the companies there would need to consistently develop the skill-set and other necessary requirements to get to a stage of making Big Airplanes.
He was replying to a query on whether Big Airplanes like Boeing 787 can ever be made in India. "That will be a long time.
Even China which is way ahead in anufacturing is still not doing it. It takes three things, a huge amount of capital, a highly skilled labour force and top-end facilities," Keskar told PTI in an interview here.
"Boeing bets its big every time it builds a new plane. You need billions of dollars," said Keskar, Senior Vice President for Asia Pacific and India Sales at Boeing Commercial Airplanes. He was here for the Paris International Air Show, which concluded this weekend.
Explaining further, the Aircraft Industry Veteran said, "You need an amazing amount of skilled labour who knows how to build different systems and integrate it all together.
"Today, there are only two companies, Boeing and Airbus, who know how to do this. Others are making smaller Airplanes. So, money, skills and facilities are the three things we need."
The Boeing executive said India has got the money and workforce, but no Indian firm has so far decided to do it. "Even the smaller Airplans are not being made so far. I think, we should start with 50-seaters or 100-seaters and then look at the bigger ones. That is how it can work," he said.
Rival Airbus India Managing Director Srinivasan Dwarkanath also said it was very much possible for India to manufacture Big Airplanes over the years.
Giving example of the proposed replacement for the Indian Air Force's Avro Aircraft fleet, he said it would "totally made in India". "I don't see a reason why it (manufacturing of large aircraft) cannot happen in India," said Dwarkanath, who
was also here for the Air Show.
Indian defence systems firm OIS Chairman and Managing Director Sanjay Bhandari said: "With the sustained support of the government policies, where the government looks to the private sector for advanced products and technology solutions, it should be able to manufacture, design and develop advanced technology over the foreseeable future."
Eesha Rohida [ MBA Mktg ]
Aviation News Editor
Monday, June 22, 2015
Indian Aviation Growth To Be Double Of Global Average: Airbus Ind Eyeing big orders from Indian Airlines, world's leading Aircraft maker Airbus has said that India's Aviation market will grow at over 10% annually in next ten years, which would be double the Average Global Growth Rate.
Bullish on India as a marketplace as well as manufacturing hub, Airbus has already committed to source products worth US
$2 billion cumulatively over the next five years and it is now looking to provide customised maintenance and other services for all its Airline customers in India closer to their base.
"India is very much on Airbus map for all the important work that we do globally and it is not just from the market perspective," Airbus India Managing Director Srinivasan Dwarkanath told PTI in an interview here at the Paris
International Air Show.
"In terms of market, India will be one of the top three Aviation markets globally in the next 20 years. It is already one of the fastest growing markets," he said, adding that the country would need to double its Aircraft fleet even if one per cent more of its population starts travelling by air.
"We are expecting an annual growth rate of over 11% for the Domestic Market in India over the next ten years, while the combined growth rate for domestic and international routes would also be more than 10%.
That would be almost double the global growth rate," he said.
Dwarkanath said Airbus wants to be "very close to its customers and we want to be in India".
"In our Global Market Forecast 2013, we had said that India would need 1,291 new passenger and Freight Aircraft by 2032.
"In just two years, more than one-third of this projected requirement has been met, which means more than 800 more would be needed by 2032. But it seems we would have to revise upward the forecast," he said.
"If we compare it with other countries, the aviation penetration is very low in India, which provides huge growth opportunities. Even if one per cent more people start travelling by Air, India would need to double its Aircraft fleet.The growth prospect is huge and therefore I feel we may have to revise our growth forecast in the future," he added.
Speaking about Airbus' presence in India, Dwarknath, who is also the Vice President for International Cooperation, South
and South-East Asia, said that for customer service it has got its own maintenance training centre to look at the Aircraft that has been sold to the customers in India.
"This centre initially catered to customers in India, then we expanded it to neighbouring countries, now to even many far-off countries such as Mexico.
"We provide training to the engineers at this centre for customers across various countries through this centre," he said.