Page 32 - AAA JANUARY - FEBRUARY 2014 Online Magazine
P. 32

INDIA SECTION


        INDIA MARKET



























                                                                                SpiceJet connects with
                                                                               Tigerair
          New Terminal in Mumbai                                                India’s low-cost airline SpiceJet
          India opened the new Terminal 2 (T2)   12, about four weeks after the   Ltd. and Singapore’s largest budget
          at Chhatrapati Shivaji International   inauguration. The government says   carrier Tigerair have signed a three-
          Airport  in  Mumbai,  capable  of  handling   the new terminal should give a   year connectivity agreement. As part
          the Airbus A380, the world’s biggest   boost to other PPP (private public   of the inter-line agreement, which
          commercial aircraft.              partnership) projects in the country;   refers to issue and acceptance of
            “With   the  commissioning  of  indeed the PPP model has worked     tickets for flights operated by the
          Terminal-2, Mumbai airport  has become   well  in  the  civil  aviation  sector,  with   partner airlines, SpiceJet travellers
          code F compliant and is ready to handle   five PPP airports handling about 57%   across 14 Indian cities will have direct
          A380-type aircraft operations,” Prime   of passenger traffic and about 70% of   connection to Tigerair’s Singapore-
          Minister Manmohan Singh said. For   cargo to date.                    bound   flights  from  Hyderabad
          the past few years, foreign airlines that   Sanjay Reddy, vice-chairman of GVK   airport. Likewise, Tigerair customers
          operate the double-deck A380s have been   group that runs the airport, said the 55   from Singapore will enjoy access to
          petitioning the Indian government to allow   billion rupees (US$888 million) spent in   SpiceJet’s domestic network.
          the aircraft’s entry into the country.  building  T2  is  the  lowest  compared to   The partnership will “represent one
            The new terminal is expected to   similar airport projects in India as well   of the building blocks of the emerging
          open for passengers on February   as across the world.                new  SpiceJet,”  Sanjiv  Kapoor,  COO
                                                                                of SpiceJet says. India eased its FDI
                                                                                restrictions last year which acted as a
          AirAsia to import 10 Aircraft                                         catalyst for significant reforms in the
          Malaysian low-cost carrier AirAsia will   objection certificate last September.   country’s aviation sector. International
          initially import 10 aircraft for its India   The import permission is needed before   airline  groups  such  as  Emirates,
          operations,  likely  to  commence in   the country’s aviation regulator - the   Qatar Airways, All Nippon Airways
          March. The carrier, which has already   Directorate General of Civil Aviation   and Turkish Airlines all recently
          received approval for its joint-venture   (DGCA) - can issue a flying permit to an   expressed interest in investing in an
          airline in India, was initially planning   airline. The regulator will sanction an air   Indian carrier, if an opportunity arises.
          to begin operations in the country   operating  permit  only  after examining   Previously,  foreign  investors,  but  not
          from December with three Airbus-320   areas such as the aircraft requirement,   airlines, were allowed to hold up to a
          aircraft and then add 10 Airbus aircraft   airworthiness, safety measures, and   49% stake in local airlines.
          each year to boost its operations.   maintenance,  repair  and  overhaul  Since last year’s  relaxation in
          India’s civil aviation ministry has   facilities  and,  most  importantly,  foreign investment rules, Indian low-
          allowed  the airline to import 10   an operation manual detailing the   cost carriers SpiceJet and GoAir
          aircraft over the current year, including   availability of manpower to operate   have both reportedly been looking for
          three  A320  aircraft listed under  a  no-  flights as well as on the ground.   foreign partners.


        32   ASIAN AIRLINES & AIRPORTS  JANUARY / FEBRUARY 2014                 WWW.ASIANAIRLINES-AIRPORTS.COM
   27   28   29   30   31   32   33   34   35   36   37