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A 21St Century Powerhouse Dick Forsberg Head of Strategy, Avolon
An in-depth analysis of the Indian air travel market Dick Forsberg | July 2018India A 21st Century Powerhouse Dick Forsberg Head of Strategy, Avolon ACKNOWLEDGEMENTS The author would like to acknowledge FlightGlobal Ascend as the source of the fleet data and OAG, through their Traffic Analyser and Schedules Analyser products, as the source of the airline traffic and capacity data used in this paper. DISCLAIMER This document and any other materials contained in or accompanying this document (collectively, the ‘Materials’) are provided for general information purposes only. The Materials are provided without any guarantee, condition, representation or warranty (express or implied) as to their adequacy, correctness or completeness. Any opinions, estimates, commentary or conclusions contained in the Materials represent the judgement of Avolon as at the date of the Materials and are subject to change without notice. The Materials are not intended to amount to advice on which any reliance should be placed and Avolon disclaims all liability and responsibility arising from any reliance placed on the Materials. Dick Forsberg has over 45 years’ aviation industry experience, working in a variety of roles with airlines, operating lessors, arrangers and capital providers in the disciplines of business strategy, industry analysis and forecasting, asset valuation, portfolio risk management and airline credit assessment. As a founding executive and Head of Strategy at Avolon, his responsibilities include defining the trading cycle of the business, primary interface with the aircraft appraisal and valuation community, industry analysis and forecasting, driving thought leadership initiatives, setting portfolio risk management criteria and determining capital allocation targets. Prior to Avolon, Dick was a founding executive at RBS (now SMBC) Aviation Capital and previously worked with IAMG, GECAS and GPA following a 20-year career in the UK airline industry. -
Diplomatic List
DIPLOMATIC LIST AFGANISTAN INDIA PORTUGAL ALBANIA INDONESIA QATAR ALGERIA IRAN ROMANIA ANGOLA IRELAND RUSSIAN FEDERATION ARGENTINE ISRAEL SAUDI ARABIA AUSTRALIA ITALY SERBIA AUSTRIA JAPAN SLOVAKIA AZERBAIJAN JORDAN SLOVENIA BANGLADESH KAZAKHSTAN SOVEREIGN ORDER OF MALTA BELARUS KOREA SPAIN BELGIUM KOSOVO SRI LANKA BOSNIA AND HERCEGOVINA KUWAIT SUDAN BRAZIL KYRGYZSTAN SWEDEN BULGARIA LATVIA SWITZERLAND BURKINA FASO LESOTHO SYRIA CANADA LIBYA TANZANIA CHINA LITHUANIA THAILAND CROATIA LAOS TOGO CUBA LUXEMBOURG TURKEY CYPRUS MALAWI UGANDA CZECH REPUBLIC MALAYSIA UNITED ARAB EMIRATES DENMARK MALTA UKRAINE UNITED KINGDOM OF GREAT ECUADOR MEXICO BRITAIN AND NORTHERN EUROPEAN UNION MOLDOVA IRELAND EGYPT MONGOLIA UNITED STATES OF AMERICA ESTONIA MOROCCO VENEZUELA VIETNAM FINLAND MONTENEGRO ZAMBIA FRANCE NAMIBIA GEORGIA NETHERLANDS GERMANY NEW ZEALAND GREECE NORWAY GHANA PAKISTAN GUINEA PARAGUAY HOLY SEE PERU HUNGARY POLAND ICELAND ISLAMIC REPUBLIC OF AFGANISTAN Embassy of the Islamic Republic of Afghanistan G. Bakou str. 19 GR-115 24, Athens telephone: +30 210 6772188 +30 210 6773663 (consular section) e-mail: [email protected] / [email protected] website: https://www.athens.mfa.af/index.php Opening Hours: Monday-Friday 09:00-16:00 Consular Section: Monday to Friday 14:00-21:00 National Holiday: Independence Day, 19 August His Excellency Mr. Mirwais Samadi (11.2.2021) Ambassador Extraordinary and Plenipotentiary Mr. Mohammad Khalil Kargar First Secretary REPUBLIC OF ALBANIA Embassy of the Republic of Albania Slavej Planina 2 1000 Skopje telephone: +389 2 3246 726 fax: +389 2 3246 727 e-mail: [email protected] website: www.albanianembassy.org.mk Visa Office telephone: +389 2 324 6726 – ext. 105 Opening Hours: Monday-Friday 08:00-16:00 Consular Section: 10:00-12:00 National Holiday: National Day, 28 November His Excellency Mr. -
Competition Issues in the Air Transport Sector in India
2009 StudyStudy on on ImpactCompetition of Trade Issues in Liberalisationthe Domestic in the Information Technology SectorSegment on Development of the Air Draft ReportTransport Sector in Administrative Staff College of India HyderabadIndia Revised Final Report 2007 Administrative Staff College of India, Hyderabad Competition Issues in the Air Transport Sector in India Table of Contents Sl.No Chapter Page No. 1. Introduction 1 2. ToR I 4 3. ToR II & III 15 4. ToR IV 29 5. ToR V 30 6. ToR VI & VII 43 7. ToR VIII 91 8. ToR IX 99 9. ToR X 120 10. ToR XI 121 11. Conclusions and Recommendations 126 12. References 129 ____________________________________________________asci research and consultancy ii Competition Issues in the Air Transport Sector in India List of Tables Table Title Page No. No. I.1 Calculation of HHI 12 I.2 Fleet Size of All Scheduled Airlines 12 I.3 Order for Airplanes 13 I.4 Net Profit/Loss incurred by Different Airlines 16 II.1 City Pair-wise Herfindahl index of Pax. Carried in 2006-07 28 17 II.2 Passenger Load Factor for Indian 22 II.3 Passenger Load Factor for Indian 25 II.4 Slots on Delhi-Mumbai Route 28 II.5 Average Age of Fleet 28 II.6 Fleet Size of All Scheduled Airlines 29 IV.1 Descriptive Statistics for Price Data: Delhi – Mumbai 30 IV.2 Taxes and Surcharges on Route : Delhi – Mumbai 32 IV.3 Taxes and Surcharges on Route : Mumbai – Delhi 32 IV.4 Pre merger (2006/07)-Delhi-Mumbai (passenger wise) 36 IV.5 Post Merger(2008) -Delhi Mumbai (slot wise) 36 IV.6 Pre merger (2006/07)-Delhi-Chennai (passenger wise) 37 IV.7 Post Merger(2008) -Delhi Chennai(slot wise) 37 IV.8 Pre merger (2006/07)-Bangalore-Chennai (passenger wise) 37 IV.9 Post Merger(2008) -Bangalore- Chennai(slot wise) 38 ____________________________________________________asci research and consultancy iii Competition Issues in the Air Transport Sector in India List of Figures Figure Title Page No. -
Management Discussion & Analysis Report
AI MANAGEMENT DISCUSSION & ANALYSIS REPORT 1. ANALYSIS OF THE FINANCIAL/PHYSICAL PERFORMANCE STAND-ALONE I. REVENUE Total Revenue increased from Rs. 264,877.2 Million in 2018-19 to Rs. 285,244.4 Million during 2019-20 (increase of Rs. 20,367.2 Million) Operating Revenue increased from Rs. 255,659.6 Million in 2018-19 to Rs. 277,106.1 Million during 2019-20 (increase of Rs. 21,446.5 Million) Passenger Revenue increased from Rs.207,741.6 Million in 2018-19 to Rs. 226,197.0 Million during 2019-20 (increase of Rs. 18,455.4 Million) II EXPENDITURE The Total Expenditure incurred during the year was Rs. 362,901.7 Million as compared to the previous year’s figure of Rs. 349,625.2 Million (increase of Rs.13,276.5 Million) Operating Expenses increased from Rs. 302,512.2 Million during 2018-19 to Rs. 323,709.1 Million during 2019-20 (an increase of Rs. 21,196.9 Million) 20 AI There was an increase in staff cost by 7% from Rs.30,052.3 Million in 2018-19 to Rs. 32,253.7 Million during 2019-20. Fuel cost decreased by 6% from Rs.100,344.6 Million in 2018-19 to Rs. 93,992.7 Million during 2019-20. Net impact of Rs 20,130.5 Million, due to applicability of “IND AS 116 – LEASES”. CONSOLIDATED I. REVENUE Total Revenue increased from Rs.298,111.5 Million in 2018-19 to Rs.328,306.2 Million during 2019-20, an increase of 10.1%. -
Aviation Industry Agreed in 2008 to the World’S First Set of Sector-Specific Climate Change Targets
CONTENTS Introduction 2 Executive summary 3 Key facts and figures from the world of air transport A global industry, driving sustainable development 11 Aviation’s global economic, social and environmental profile in 2016 Regional and group analysis 39 Africa 40 Asia-Pacific 42 Europe 44 Latin America and the Caribbean 46 Middle East 48 North America 50 APEC economies 52 European Union 53 Small island states 54 Developing countries 55 OECD countries 56 Least-developed countries 57 Landlocked developing countries 58 National analysis 59 A country-by-country look at aviation’s benefits A growth industry 75 An assessment of the next 20 years of aviation References 80 Methodology 84 1 AVIATION BENEFITS BEYOND BORDERS INTRODUCTION Open skies, open minds The preamble to the Chicago Convention – in many ways aviation’s constitution – says that the “future development of international civil aviation can greatly help to create and preserve friendship and understanding among the nations and peoples of the world”. Drafted in December 1944, the Convention also illustrates a sentiment that underpins the construction of the post-World War Two multilateral economic system: that by trading with one another, we are far less likely to fight one another. This pursuit of peace helped create the United Nations and other elements of our multilateral system and, although these institutions are never perfect, they have for the most part achieved that most basic aim: peace. Air travel, too, played its own important role. If trading with others helps to break down barriers, then meeting and learning from each other surely goes even further. -
Subject: Performance of Domestic Airlines for the Year 2019. Traffic
Subject: Performance of domestic airlines for the year 2019. Traffic data submitted by various domestic airlines has been analysed for the month of Aug 2019. Following are the salient features: Passenger Growth Passengers carried by domestic airlines during Jan-Aug 2019 were 943.58 lakhs as against 913.95 lakhs during the corresponding period of previous year thereby registering annual growth of 3.24% and monthly growth of 3.87% (Ref Table 1). 1500.00 Growth: YoY = + 3.24 % MoM = +3.87 % 1200.00 913.95 943.58 900.00 2018 600.00 2019 Pax Carried (inLakhs) Pax 300.00 113.54 117.93 0.00 YoY MoM Passenger Load Factor The passenger load factors of various scheduled domestic airlines in Aug 2019 are as follows (Ref Table 2): 100.0 92.4 92.4 90.4 89.5 87.8 87.5 86.2 90.0 84.3 82.4 81.8 80.9 79.7 78.0 80.0 74.5 70.0 60.0 53.1 50.9 50.0 40.0 32.6 30.0 28.1 Pax Pax LoadFactor (%) 19.2 20.0 14.4 10.0 0.0 Air India Spicejet Go Air IndiGo Air Asia Vistara Trujet Star Air Pawan Air hans deccan Jul-19 Aug-19 * Jet Airways, Jetlite , Air Odisha, Heritage and Zoom Air did not operate any flight in the month of Aug 2019. 1 The passenger load factor in the month of Aug 2019 has shown declining trend compared to previous month primarily due to the end of tourist season. -
Ge Aviation India Fact Sheet
GE AVIATION INDIA FACT SHEET GE Aviation is a world-leading provider of jet and turboprop engines, components and integrated systems for commercial, military, business and general aviation aircraft. GE Aviation has a global service network to support these offerings. GE Aviation also supplies engines for marine applications. Meeting the needs of a growing nation India’s passenger traffic today is 160 million passengers, but that number is estimated to grow to 452 million1 by the end of the decade as a burgeoning middle class takes to the air, according to the aviation intelligence service CAPA - Centre for Aviation. Those numbers are another sign of India’s rapid growth, and just like GE’s energy, health, transportation and finance businesses, GE Aviation is proud to be a partner in the country’s development. GE’s industry leading GEnx and GE90 engines are based on proven architecture and superior technology, developed in the United States and refined based on inputs received from research centers across the globe. At GE, we work to innovate and develop technology solutions that improve quality of life in India. GE Aviation: Moving India Aviation in India is growing at a rapid pace as a growing middle class takes to the skies. With thousands of GE engines installed on the global fleet of commercial, business and general aviation aircrafts, GE is helping power aircrafts that are moving India. GE engines set the industry standard for fuel efficiency, reliability and outstanding service. India’s commercial airline fleet is expected to triple in the next two decades and GE Aviation is poised to meet the challenge of that rapid growth. -
IMPACT of CIVIL AVIATION STRATEGIES on TOURISM in INDIA Shivam Shukla1, Dr
IMPACT OF CIVIL AVIATION STRATEGIES ON TOURISM IN INDIA Shivam Shukla1, Dr. Mini Amit Arrawatia2 1Research Scholar, 2Research Supervisor, Department of Management and Humanities, Jayoti Vidyapeeth Women’s University, Jaipur, (India) I. INTRODUCTION This study provides to aviation industry stakeholders and tourism authorities with the necessary information regarding priority areas for the development of civil aviation in India and identifies appropriate actions that need to be taken going forward. The study has been initiated by the Department of Tourism Government of India II. OBJECTIVES The objective of the study is to aid industry stakeholders in resolving issues presently facing the aviation or tourism transport industry and guide in improving policies investment and business decision making within and related to these sectors. This document deals specifically with issues regarding air seat capacity and strategies for air services negotiations. The overall aim of this report is to present a case to secure adequate seat additional capacity with a focus on India‘s key source and destination markets. The Consulting Team defines adequate seat capacity to be the extent to which supply matches current and anticipated demand and need in the most cost-effective way. This report also presents and evaluates via an econometric model the direct, indirect and induced impacts of India‘s international aviation arrangements on the market for air travel to and from India. Specifically the consulting team has modelled the competitive effects of incremental seat capacity on prices employment and net tourism. Finally it examines the issues surrounding the proposed liberalisation of India‘s policy for civil aviation and provides a suggested policy option plan for the continued development of the Indian civil aviation industry and including the pace and extent to which the policy should be liberalized and the potential effect of that liberalisation on the Indian economy, airline and tourism sectors. -
British Imperial Policy and the Indian Air Route, 1918-1932
British Imperial Policy and the Indian Air Route, 1918-1932 CROMPTON, Teresa Available from Sheffield Hallam University Research Archive (SHURA) at: http://shura.shu.ac.uk/24737/ This document is the author deposited version. You are advised to consult the publisher's version if you wish to cite from it. Published version CROMPTON, Teresa (2014). British Imperial Policy and the Indian Air Route, 1918- 1932. Doctoral, Sheffield Hallam Universiy. Copyright and re-use policy See http://shura.shu.ac.uk/information.html Sheffield Hallam University Research Archive http://shura.shu.ac.uk British Imperial Policy and the Indian Air Route, 1918-1932 Teresa Crompton A thesis submitted in partial fulfilment of the requirements of Sheffield Hallam University for the degree of Doctor of Philosophy January 2014 Abstract The thesis examines the development of the civil air route between Britain and India from 1918 to 1932. Although an Indian route had been pioneered before the First World War, after it ended, fourteen years would pass before the route was established on a permanent basis. The research provides an explanation for the late start and subsequent slow development of the India route. The overall finding is that progress was held back by a combination of interconnected factors operating in both Britain and the Persian Gulf region. These included economic, political, administrative, diplomatic, technological, and cultural factors. The arguments are developed through a methodology that focuses upon two key theoretical concepts which relate, firstly, to interwar civil aviation as part of a dimension of empire, and secondly, to the history of aviation as a new technology. -
(RTI Cell) Cpios and Their First Appellate Authorities in Divisions
Ministry of External Affairs (RTI Cell) CPIOs and their First Appellate Authorities in Divisions [excluding Consular, Passport and Visa] As on 27 November 2015 No. Designation and Subject Phone/Fax/Email First Appellate Address of CPIO Authority Administration 1. Smt Paulomi All personnel work relating to Tel: 23011650 Tripathi Junior, Senior, Scale of IFS, Email: US(FSP) JAG of IFS, Foreign Service [email protected] Room No. 37, Board, clearance regarding South Block, New appointment of Military/Naval/ Delhi Air Attache /Adviser in Indian Missions abroad, Indian Tourist Officers abroad. All administrative matters of officers at the level of Grade I to IV of IFS at Hqrs and in Missions/posts abroad, empanelment of their promotion, publication of History of Shri B. Vanlalvawna Services, Civil List, list of Indian Director(ADP) Missions/Posts abroad (Blue Room. No. 4095, , ‘B’ Book) and list of India’ Wing, Jawaharlal Representative Abroad (Green Nehru Bhawan, 23-D, Book). Janpath, New Delhi Tel: 49015363 2. Dr Vipra Pandey All matters relating to cadres of Tel : 49015369 Fax:49015364 US(Cadre) & CPIO IFS 'B' , organisation of Fax :- 49015469 Email: Room No. 4086 Departmental Examinations, [email protected] [email protected] JNB, creation & continuation of posts, New Delhi all matter relating to the scheme of the GOI for Joint Consultative Machinery and Compulsory arbitration for Central Government employees. 3. Shri All matter relating to General Email :- Shambhulingappa Administration & all matters [email protected] Hakki related to Organisation & US (GA) Method (O & M). New Delhi All administrative & personnel matters of officers of Grade-I of IFS(B), Interpreter’s Grade, Inward Group ‘A’ deputationists. -
Monday • August 9, 2021 Chennai
MONDAY • AUGUST 9, 2021 CHENNAI ₹10 • Pages 12 • Volume 28 • Number 220 Bengaluru Chennai Coimbatore Hubballi Hyderabad Kochi Kolkata Madurai Malappuram Mangaluru Mumbai Noida Thiruvananthapuram Tiruchirapalli Tirupati Vijayawada Visakhapatnam Regd. TN/ARD/14/2012-2014, RNI No. 55320/94 CM YK ................ CHENNAI BusinessLine J2 NEWS MONDAY • AUGUST 9 • 2021 Are farmers reaping the benefit of PM Fasal Bima Yojana? GM soyameal import Poor on-ground infrastructure, format paying premiums to submit ting insurance claims, farmers may be on the cards and execution keep small farmers have to struggle a lot. The ma out of the crop insurance network jority of the time, even COMMENTARY Public Distribution, Mr Piyush helpline numbers of the com Goyal, for appropriate action. It is panies are not working,” said G. CHANDRASHEKHAR also learnt that at a meeting on RADHESHYAM JADHAV companies and the govern Prashant Pawar, an August 5, the Minister of State for August 8 ment have a different take on agrientrepreneur. Is the government getting ready Commerce informed a group of The Pradhan Mantri Fasal the scheme and its impact. to take a call on import of feed poultry industry representatives Bima Yojana (PMFBY) The PMFBY is available for all Why the long wait? material from a genetically mod that a letter from the Environ launched in 201617 is globally States and farmers whether Farmer leader and former MP ified (GM) source? Recent inter ment Minister was expected to be the largest crop insurance loanee, nonloanee, share Raju Shetti said that farmers ministry communication points received soon. Clearly, Environ scheme in terms of farmer cropper, or tenant farmers have not been receiving insur to strong indication that a de ment Ministry comes into the participation and the third on a voluntary basis. -
PHD Aviation Summit 2019
APR 2019 SKILLING FOR TOMORROW IN CIVIL AVIATION 5th PHD Aviation Summit - 2019 Presented to: Mr. Pradeep Singh Kharola | Hon’ble Secretary, Ministry of Civil Aviation TITLE Skilling for tomorrow in Civil Aviation YEAR 2019 AUTHOR AUCTUS ADVISORS No part of this publication may be reproduced in any form by photo, photo print, microfilm or any other COPYRIGHT means without the written permission of AUCTUS ADVISORS Pvt. Ltd. This report is the publication of AUCTUS ADVISORS Private Limited (“AUCTUS ADVISORS”) and so AUCTUS ADVISORS has editorial control over the content, including opinions, advice, statements, services, offers etc. that is represented in this report. However, AUCTUS ADVISORS will not be liable for any loss or damage caused by the reader’s reliance on information obtained through this report. This report may contain third-party contents and third-party resources. AUCTUS ADVISORS takes no responsibility for third part content, advertisements or third-party applications that are printed on or through this report, nor does it take any responsibility for the goods or services provided by its advertisers or for any error, omission, deletion, defect, theft or destruction or unauthorized access to, or alteration of, any user communication. Further, AUCTUS ADVISORS does not assume any responsibility or liability for any loss or damage, including personal injury or death, resulting from use of this report or from any content for communications or materials available on this report. The contents are provided for your reference only. The reader/ buyer understands that except for the information, products and services clearly identified as being supplied by AUCTUS ADVISORS, it does not operate, control or endorse any information, products, or services appearing in the report in any way.