Jaideep Mirchandani, the chairman of the global aviation major Sky One, shares insights into the prospects, key trends, and technical innovations that can propel India’s aviation MRO to new heights According to international management consulting firm Oliver Wyman’s ‘Global Fleet and MRO Market Forecast 2024-2034’, the global aviation fleet will increase by 28 per cent in the next 10 years, expanding from the present 28,400 aircraft to 36,400 by 2034. The report suggests that Asia will steer this growth and India will lead the expansion by adding aircraft at a rate of almost 13 per cent over the next five…
Author: admin
Aditya Ghosh, Co-founder of Akasa Air and Former Director of IndiGo, said the total number of air passengers in India in a year is about the same number of passengers that the Indian Railways carries in a day. The co-founder of Akasa Air was speaking on the growth prospect of air travel in the country in a podcast and added, “So if you could magically convert one day’s worth of rail traffic to air, we will need 500 more airplanes in the country.” Shedding more light on the air travel scenario in the country, he said air travel in India…
With over a decade of diverse experience spanning E-commerce, Debt Syndication, Trade & Investment, and Tourism, Ghosh brings in a wealth of expertise in customer-facing roles with Sales, Marketing, and Strategy at the core of his career. Ghosh’s professional journey includes notable contributions to fostering international relationships and promoting tourism initiatives. During his tenure with the Government of Western Australia, he played a pivotal role in maintaining Sister-State relationships with Andhra Pradesh. His outstanding achievements led to his appointment as the first in-market representative of Tourism Western Australia (TWA) in India, where he served for four years. His tenure with…
Atlys, a travel technology startup, has appointed Ajit Alexander as Head of B2G (Business-to-Government). With over 20 years of experience in business development and strategic partnerships, Alexander brings a wealth of expertise to Atlys, further solidifying its position as a key player in the government-focused business vertical. Alexander is a seasoned professional with a proven track record of success in driving business growth and fostering strategic alliances. His extensive career includes senior roles at industry giants such as BLS International and VFS Global, where he led initiatives to secure government contracts and expand market presence. In his new role at…
The initial public offering (IPO) of TBO Tek Limited was fully subscribed yesterday. The IPO received an overall subscription of 1.17 times. The retail category saw a subscription of 3.23 times, while the Qualified Institutional Buyer (QIB) category was subscribed only 0.01 times, and the Non-Institutional Investor (NII) category was subscribed 2.09 times as of 6 PM. The public issue offered 92,85,816 shares for subscription but received bids for 1,08,37,808 on its first day. Potential investors can subscribe to the issue until May 10 and will need to bid for 16 shares in one lot and in multiples thereafter. The…
The Adventure Tour Operators Association of India (ATOAI) in partnership with the Hanifl Centre and Indian Mountaineering Foundation (IMF), has concluded its Adventure Guide Training Programme, an initiative aimed at empowering industry professionals with cutting-edge skills and knowledge to excel in the dynamic world of adventure tourism. The programme spanning four days was conducted in three batches at the Indian Mountaineering Foundation (IMF) from April 10 to April 21, 2024. The programme brought together adventure guides and industry stakeholders from various parts of the country; Andhra Pradesh, Assam, Gujarat, Haryana, Himachal Pradesh, Karnataka, Kerala, Rajasthan, Maharashtra, Jharkhand, Tamil Nadu, Ladakh,…
Finnair, the national airline of Finland, has appointed Anupam Vig as the General Manager for India, effective since January 1, 2024. Vig is a dynamic professional with over two decades of experience in the airline industry. His expertise lies in developing and implementing innovative sales strategies that drive growth and expand market presence. Throughout his career, he has demonstrated a deep understanding of industry dynamics and consumer behaviour, consistently delivering results by identifying business opportunities. His leadership will help further Finnair’s goal of providing top-notch service and connectivity to customers traveling from India to Finland and Nordic destinations. “I am…
Travelport and Tourism Malaysia have expanded their strategic destination marketing collaboration. The collaboration between Tourism Malaysia and Travelport has resulted in a successful campaign and data analysis work that has accelerated the campaign conversion growth for the Malaysian Destination Marketing Organization (DMO) during the past year. Travelport will continue to provide Tourism Malaysia with meaningful data and market intelligence used to drive destination marketing campaign decisions. The DMO will use insights from Travelport to educate and engage travel retailers about Malaysia as a top destination. Tourism Malaysia’s campaign objectives are focused on continuous growth in visitor arrivals, longer stays and…
Kapil Bhatia, Executive Chairman of InterGlobe Enterprises, has been conferred with the prestigious Lifetime Achievement Award at the Hotel Investment Conference-South Asia (HICSA) 2024. The awards ceremony took place in Bengaluru yesterday in the presence of prominent figures from the global and Indian hospitality industry. HICSA Awards are a prestigious recognition within the hospitality industry, celebrating the most remarkable hotel developments in the South Asian region. It recognises pioneers and distinguished visionaries who have significantly shaped the landscape of travel and hospitality in South Asia, acknowledging their exceptional contributions, lifelong commitment, and enduring impact. The HICSA Lifetime Achievement Award celebrates…
As part of its planned succession process, the Board of Directors of Brand USA, the destination marketing organisation for the United States, has appointed Fred Dixon as the new President & CEO, effective July 15, 2024. Dixon will succeed Christopher L. Thompson, who announced his retirement in July 2023, and held the role of Brand USA’s President & CEO from 2012 to 2024. Thompson will continue to work with the Company through September 30, 2024, as an advisor to facilitate a seamless leadership transition for Brand USA and its partners. Dixon joins the company with significant experience and a proven…
