Business Aviation June 12, 2012
Posts
Bureaucracy and Costs Stifle Newborn Indian Bizav
by Neelam Mathews BAOA is advocating the adoption of clear guidelines on access to Indian airspace and airports for foreign-owned business aircraft. February 4, 2012, 6:00 AM India’s Business Aircraft Operators Association (BAOA) is urging the nation’s government to abandon plans for new restrictions on flights by foreign-owned aircraft. The campaign comes as the country’s tax authorities are probing 15 Indian companies that they believe have registered corporate aircraft offshore with the intention of avoiding customs duty and taxes. BAOA is advocating the adoption of clear guidelines on access to Indian airspace and airports for foreign-owned business aircraft. Under current rules, operators face a frustrating maze of bureaucracy resulting in delays and restrictions that negate the case for this mode of transportation. “Arduous regulatory directives are restrictive for growth. There is no plan or policy, no FBOs...
Business Basics
Asian Airlines and Airports March 21, 2011 Neelam Mathews Even as India’s business and general aviation continues to grow by over 12% with signs of accelerated growth in future, there is a call by the Business Aviation Association of India to review the complex regulatory framework according to global norms. An in-depth study by think-tank Australian Center of Asia Pacific Aviation (CAPA) points out India has a total fleet of 681 as against 912 projected at different forums. The mix includes 236 single pistons, 250 helicopters, 91 turboprops and 104 business jets. Emerging multinational companies have a large, pent-up need for rapid and flexible transportation across and between continents. As economic growth continues to be the catalyst for aviation growth, a significant increase in individuals with high net worth who recognize time as a premium. More mid-size corporations are looking for alternatives to provide flexibility of travel schedules, Karan Singh, Vice Presiden...
Business Aviation In India Calls For Improved Infrastructure
Asia-Pacific Aviation Daily Feb 25 , 2011 , p. 14 Neelam Mathews While business aviation is emerging as a high-growth sector in India, the industry wants a new policy framework that will address issues related to infrastructure, safety and security, proponents told the recent Indian Business Aviation summit in Delhi. A report by Sydney-based consultancy Center for Asia Pacific Aviation (CAPA) India says the industry could see new aircraft sales—business jets, helicopters, turboprops and piston engines—of up to $12 billion by the end of the next decade, when the general aviation fleet is expected to reach 2,000 aircraft, up from the current 680. The signs are already evident. Embraer Business Jets, for instance, has broken into the Indian market with its Phenom model. It is delivering the third Phenom 100 jet—of 20 on order—to Mumbai-based air charter Invision Air Services. The order includes two Embraer Pheno...
