Browsing: Aviation

ICRA projects that Indian air passenger traffic will grow between 8 to 13 percent in FY24, reaching 150-155 million and surpassing pre-Covid levels. The ongoing recovery in domestic and international air passenger traffic, coupled with a relatively stable cost environment, supports this positive outlook

Abu Dhabi Airport’s Terminal A is set to entice more airlines to initiate flights to the UAE capital while strategically boosting operations to accommodate a projected increase in capacity to 65 million passengers within the next decade, up from the current 45 million. Elena Sorlini, Managing Director and Interim CEO of Abu Dhabi Airports, emphasized efforts to leverage government-to-government relations, particularly targeting Asia and China.

The Dubai Airshow 2023 observed aviation transactions surpassing $101B and has been recognised as the most extensive edition in the history of this prominent industry event. Significant deals and major announcements marked the Dubai Airshow 2023, underscoring its pivotal role as a crucial centre for the aerospace and defence sectors.

The UAE’s strategy to build and deploy a set of highly precise radar satellites has taken a significant step forward. The UAE Space Agency has established an industrial consortium to advance the “Sirb” project, with the potential for the initial satellite launch by 2026.