A WORD FROM EDI­TOR

SP's Airbuz - - Table Of Contents -

AS WE BID ADIEU to the year 2016 and stand at the cusp of 2017, it is time to look back at the ar­du­ous but re­ward­ing jour­ney of the In­dian civil avi­a­tion in­dus­try dur­ing the last 12 months, a pe­riod that has seen pro­found change, con­sol­i­da­tion and tran­si­tion. The In­dian civil avi­a­tion in­dus­try has been on a rea­son­ably high growth tra­jec­tory dur­ing the year gone by and as­sess­ment by pro­fes­sional agen­cies are that In­dia has the po­ten­tial to be­come the third-largest avi­a­tion mar­ket in the world by 2020 and even the largest by 2030. While these pro­jec­tions may ap­pear some­what over­pitched and un­re­al­is­tic to a con­ser­va­tive au­di­ence, the In­dian civil avi­a­tion in­dus­try is op­ti­mistic about its fu­ture prospects and con­tin­ues to re­lent­lessly forge ahead. What is re­as­sur­ing for all stake­hold­ers in the in­dus­try is that they have the re­quired sup­port from the Naren­dra Modi-led gov­ern­ment at the Cen­tre. Be­sides, the gov­ern­ment has taken a num­ber of steps dur­ing the year such as per­mit­ting for­eign di­rect in­vest­ment up to 100 per cent by non-air­line en­ti­ties into the In­dian air­line in­dus­try and pro­mul­ga­tion of the new in­te­grated Na­tional Civil Avi­a­tion Pol­icy that is struc­tured to ad­dress a wide range of is­sues re­lated to the In­dian civil avi­a­tion in­dus­try.

The ma­jor thrust of the Na­tional Civil Avi­a­tion Pol­icy is to pro­vide the much needed im­pe­tus to boost re­gional avi­a­tion. This will ne­ces­si­tate large-scale devel­op­ment of avi­a­tion in­fra­struc­ture es­pe­cially in re­mote ar­eas not cur­rently linked by ae­rial con­nec­tiv­ity. The gov­ern­ment has plans to build a num­ber of new air­ports over the next three years out of which at least ten would be op­er­a­tional by 2017. Also, the Air­ports Au­thor­ity of In­dia has plans to re­vive and op­er­a­tionalise around 50 air­ports across the coun­try over the next ten years to im­prove re­gional and re­mote air con­nec­tiv­ity.

In the bud­get for the fi­nan­cial year 2016-17, the gov­ern­ment in­tro­duced var­i­ous pro­pos­als for main­te­nance, re­pair and over­haul (MRO) in­clud­ing ex­emp­tion of cus­toms and ex­cise duty on tool kits used in MRO ser­vices. The gov­ern­ment has also done away with the rule lay­ing down a limit of one year for util­i­sa­tion of duty-free parts apart from al­low­ing im­port of un­ser­vice­able parts by MROs for ex­change. As per re­vised norms, for­eign air­craft brought into In­dia for avail­ing MRO ser­vices would now be per­mit­ted to stay in the coun­try for a pe­riod up to six months or as ex­tended by avi­a­tion reg­u­la­tor Direc­torate Gen­eral of Civil Avi­a­tion (DGCA). Such for­eign air­craft hence­forth would also be per­mit­ted to carry pas­sen­gers in the flights at the be­gin­ning and end of its pe­riod of stay in In­dia.

For the In­dian civil avi­a­tion in­dus­try to pros­per and grow at the rate pro­jected, it would be nec­es­sary for all the stake­hold­ers of the in­dus­try to main­tain con­stant in­ter­ac­tion and di­a­logue with the agen­cies of the gov­ern­ment re­spon­si­ble for pol­icy for­mu­la­tion and im­ple­men­ta­tion. For the na­tion to rise to the top ech­e­lons of the global avi­a­tion mar­ket, it will be nec­es­sary to for­mu­late the right and pro­gres­sive poli­cies, main­tain strin­gent qual­ity stan­dards and el­e­vate in­ter­ests of cus­tomers to the high­est pri­or­ity.

This is­sue of SP’s AirBuz has a col­la­tion of ar­ti­cles pub­lished in the pre­vi­ous is­sues in 2016 fo­cus­ing on the ma­jor as­pects of the In­dian civil avi­a­tion in­dus­try. Wel­come aboard and we look for­ward to a re­ward­ing year ahead!

We wish all our read­ers a Very Happy New Year!!

B.K. Pandey Edi­tor

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