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Top FY25 aviation projections you should know
Boeing's CEO Dave Calhoun is set to step down by the end of the year, amidst new objectives emerging in the global aviation sector. The Directorate General of Civil Aviation (DGCA) recently released the summer schedule, a biannual travel chart detailing flight operations, both domestic and international. According to the summer schedule, 1,911 international flights are slated to operate between March 31 and October 31, alongside nearly 20,000 domestic flights, keeping India's skies bustling. Despite a marginal 0.01 percent increase compared to the winter schedule of 2023, notable trends have surfaced in India's aviation sector.Simultaneously, the global aviation sector is undergoing significant developments as FY2024 draws to a close. Airlines worldwide are increasingly transitioning to Sustainable Alternative Fuel (SAF) and emphasizing technology transfer. What are the top five events shaping the aviation sector's narrative leading up to FY25? Republic Business delves deep into the summer schedule.
IndiGo, India's largest airline by size and traffic, is expected to see a decline in flight numbers compared to the winter schedule due to grounded flights caused by issues with Pratt and Whitney engines. Similarly, SpiceJet, grappling with financial challenges, has recently finalized a lease deal for 10 aircraft to bolster summer capacity, as airlines gear up for the peak travel period from April to July.
In the realm of regulatory issues, India's youngest airline, Akasa, is gearing up for its inaugural international flight on March 28, with CEO Vijay Dube affirming that new pilot rest rules won't disrupt flight schedules. However, concerns have been raised by the Federation of Indian Airlines, comprising IndiGo and SpiceJet, regarding the necessity to cancel 20 percent of flights due to new regulations mandating a 25 percent increase in pilot numbers.
Last week, the Directorate General of Civil Aviation imposed a fine of Rs. 80 lakhs on Air India Limited for violating pilot rest period regulations. An audit conducted in January revealed deficiencies in Air India's provision of adequate weekly rest to pilots and crews, potentially leading to human errors during flights, according to DGCA observations.
Source: Republic World