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Key Investments
and Developments
1.Key Investments
June 2015
Mahindra Group & GE Aviation
MoU for sharing of airlines codes,
frequencies & additional points of call in
Antalya during International Civil Aviation
Negotiations (ICAN), Nov 2015.
Airbus SAS- plans to open aircraft
maintenance and repair overhaul (MRO)
facility in India.
Airbus (Oct 2015) committed to
source products worth US$ 2 billion
cumulatively over the next 5 years from
India.
JV -TASL & Boeing (Nov2015)
Manufacturing Aero structure
2.Government
Initiatives
new draft aviation
policy introduced
5-20 Rule
abolished
0-20 Rule
Introduced
Minimumregional
fare fixed
WHY:
Improvement in regional and remote air connectivity
Plan to Revive &
Operationalize
50 AIRPORT
10 YEARS
The GOI have taken
decision to award
airports in Kolkata,
Chennai, Jaipur and
Ahmadabad
Request for
Qualification’ has
been issued from
AAI.
Chennai
Jaipur
Proposal
to
raise
FDI
100% FDI
allowed
under the
automatic
route.
By
49% to 50%
Proposal
to raise
FDI
Boosting PPP models for
Construction of airports through PPP
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Key development in Indian Arline Industry

Editor's Notes

  1. Mahindra group has expanded its partnership by signing an agreement to make aerostructures at the Indian group's new aerospace facility in Bangalore. Manufacture of components, assemblies and aerostructures is an integral part of our vision. While this agreement makes us part of GE's supply chain, we are also working to collaboratively leverage our respective capabilities on assembly work packages for A&D majors," said Arvind Mehra, Executive Director and CEO, Mahindra Aerospace.
  2. Nov 2015,During the International Civil Aviation Negotiations (ICAN) held in Antalya, Turkey. Ministry of Civil Aviation has signed MoU with Finland, Kazakhstan, Kenya, Sweden, Norway, Denmark, Oman and Ethiopia for increased co-operation between the countries in terms of additional seats, sharing of airlines codes, increased frequencies and additional points of call.
  3. Boeing and Tata Advanced Systems intend to grow the partnership in future with a focus on opportunities to collaborate on development and selling of integrated systems,” said the announcement on signing of the agreement between TASL Chairman S. Ramadorai and Senior Vice President Boeing Defense. 16 Oct 2015, under “Make in India “ Boeing chairman James McNerney said here that the company could assemble fighter planes and either the Apache or Chinook defence helicopter in India
  4. The Airports Authority of India is likely to plan the revival of 50 airports in the country over the next 10 years as part of Prime Minister Narendra Modi-led government's efforts to boost air connectivity.
  5. The Airports Authority of India is likely to plan the revival of 50 airports in the country over the next 10 years as part of Prime Minister Narendra Modi-led government's efforts to boost air connectivity.
  6. The GOI have taken decision to award airports in Kolkata, Chennai, Jaipur and Ahmedabad . ‘Request for Qualification’ has been issued from AAI.
  7. 100% Foreign Direct Investment (FDI) is permitted for Greenfield airport projects under the automatic route. Up to 74% FDI is permitted for existing airport projects under the automatic route, above 74% and up to 100% permitted under government approval route. Up to 49% FDI is permitted in domestic scheduled passenger airlines under the automatic route. 100% permitted for NRIs. Up to 49% FDI under the automatic route is permitted in Non-Scheduled Air Transport Service. FDI above 49% and up to 74% is permitted under Government approval route. 100% FDI permitted for NRIs. Up to 100% FDI is permitted in helicopter services and seaplanes under the automatic route. Up to 49% FDI is permitted in ground handling services under the automatic route. FDI above 49% and up to 74% is permitted under government approval route.100% FDI permitted for NRIs. Up to 100% FDI is permitted in maintenance and repair organizations; flying training institutes; and technical training institutes under the automatic route. Investments are subject to relevant regulations, approvals from DGCA and security and other conditions. Foreign airlines are also, henceforth, allowed to invest in the capital of Indian companies, operating scheduled and non-scheduled Air Transport Services, up to the limit of 49% of their paid-up capital. Investments will be subject to government route.
  8. Proposal to increase FDI by 49% to 50%, Boosting PPP models for construction of airports.