{"id":29678,"date":"2023-03-20T15:00:52","date_gmt":"2023-03-20T09:30:52","guid":{"rendered":"https:\/\/aviationa2z.com\/?p=29678"},"modified":"2023-03-20T15:00:55","modified_gmt":"2023-03-20T09:30:55","slug":"india-eases-aircraft-leasing-rules-to-address-aircraft-shortages-exclusive","status":"publish","type":"post","link":"https:\/\/aviationa2z.com\/index.php\/2023\/03\/20\/india-eases-aircraft-leasing-rules-to-address-aircraft-shortages-exclusive\/","title":{"rendered":"India Eases Aircraft Leasing Rules To Address Aircraft Shortages | Exclusive"},"content":{"rendered":"\n<p class=\"has-drop-cap\">As airline <strong>traffic quickly<\/strong> resumes normal operations with the removal of coronavirus limitations in India, manufacturers are finding it difficult to keep up with demand for aircraft.<\/p>\n\n\n\n<p>The country&#8217;s civil aviation minister announced on Monday that India has taken steps to <strong>enable airlines to lease more aircraft<\/strong> in order to meet a capacity deficit as travel recovers from the pandemic.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img fetchpriority=\"high\" decoding=\"async\" width=\"1024\" height=\"768\" src=\"https:\/\/aviationa2z.com\/wp-content\/uploads\/2023\/03\/india-eases-leasing-rules-to-address-aircraft-shortages-aviation-minister-1024x768.jpg\" alt=\"Traffic quickly resumes normal operations with the removal of coronavirus limitations, manufacturers are finding it difficult.\" class=\"wp-image-29680\" srcset=\"https:\/\/aviationa2z.com\/wp-content\/uploads\/2023\/03\/india-eases-leasing-rules-to-address-aircraft-shortages-aviation-minister-1024x768.jpg 1024w, https:\/\/aviationa2z.com\/wp-content\/uploads\/2023\/03\/india-eases-leasing-rules-to-address-aircraft-shortages-aviation-minister-600x450.jpg 600w, https:\/\/aviationa2z.com\/wp-content\/uploads\/2023\/03\/india-eases-leasing-rules-to-address-aircraft-shortages-aviation-minister-300x225.jpg 300w, https:\/\/aviationa2z.com\/wp-content\/uploads\/2023\/03\/india-eases-leasing-rules-to-address-aircraft-shortages-aviation-minister-768x576.jpg 768w, https:\/\/aviationa2z.com\/wp-content\/uploads\/2023\/03\/india-eases-leasing-rules-to-address-aircraft-shortages-aviation-minister-750x563.jpg 750w, https:\/\/aviationa2z.com\/wp-content\/uploads\/2023\/03\/india-eases-leasing-rules-to-address-aircraft-shortages-aviation-minister-1140x855.jpg 1140w, https:\/\/aviationa2z.com\/wp-content\/uploads\/2023\/03\/india-eases-leasing-rules-to-address-aircraft-shortages-aviation-minister.jpg 1200w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<pre class=\"wp-block-verse\">Airline traffic is swiftly recovering from <strong>coronavirus limitations<\/strong> that forced planes to be grounded globally in 2020, with manufacturers now battling to keep up with<strong> demand and engine shortages<\/strong> forcing some planes to land.<\/pre>\n\n\n\n<p>&#8220;<strong>Surprisingly and unexpectedly,<\/strong> the scenario has flipped\u2026 Today we don&#8217;t have enough planes to fly our passengers,&#8221; Civil Aviation Minister Shri Jyotiraditya Scindia told the CAPAIndia Aviation Summit.<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p>Air India announced a record purchase for <strong>470 jets last month and plans to accept another 25 leased planes<\/strong> as it reinvents itself under new owners Tata Group.<\/p><\/blockquote>\n\n\n\n<p>Scindia stated that India had altered its aeroplane leasing policy to allow airlines to add additional aircraft to satisfy passenger demand, including more <strong>&#8220;wet leasing,&#8221; or renting planes with crew, for domestic and international flights.<\/strong><\/p>\n\n\n\n<p>He proposed ambitious infrastructure and maintenance investments and tax reforms, as well as a need for expanded aeronautical manufacturing.<\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" width=\"480\" height=\"359\" src=\"https:\/\/aviationa2z.com\/wp-content\/uploads\/2023\/03\/1612378307-4492.jpg\" alt=\"\" class=\"wp-image-29681\" srcset=\"https:\/\/aviationa2z.com\/wp-content\/uploads\/2023\/03\/1612378307-4492.jpg 480w, https:\/\/aviationa2z.com\/wp-content\/uploads\/2023\/03\/1612378307-4492-300x224.jpg 300w\" sizes=\"(max-width: 480px) 100vw, 480px\" \/><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-india-to-boost-aviation-infrastructure\">India to boost aviation infrastructure<\/h2>\n\n\n\n<p>Civil Aviation Minister Jyotiraditya Scindia told an industry conference that growth would include additional <strong>airports, more regulators and air traffic controllers, and new flying schools.<\/strong><\/p>\n\n\n\n<p><em>&#8220;We need to put in place the civil aviation infrastructure and capacities that, by 2047, will be able to support a $20 trillion economy withinIndia,&#8221;<\/em> Scindia said at the CAPA India Aviation Conference in New Delhi.<\/p>\n\n\n\n<p>Stay tuned..<\/p>\n\n\n\n<p>Also read: <a href=\"https:\/\/aviationa2z.com\/index.php\/2023\/03\/20\/air-india-to-temporarily-reduce-flights-on-a-certain-american-routes-ceo\/\">Air India To Temporarily Reduce Flights, On A Certain American Routes: CEO<\/a> <\/p>\n\n\n\n<p>Join our <a href=\"https:\/\/t.me\/aviationa2z\">Telegram Group<\/a> for Latest Aviation Updates.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>As airline traffic quickly resumes normal operations with the removal of coronavirus limitations, manufacturers are finding it difficult to keep up <\/p>\n","protected":false},"author":2,"featured_media":29681,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[7216,6761],"tags":[82,7830,392,2030,393,115,234],"class_list":{"0":"post-29678","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-aviation-news","8":"category-news","9":"tag-air-india","10":"tag-aircraft-leas","11":"tag-airlines-news","12":"tag-aviation-a2z-news","13":"tag-aviation-news","14":"tag-india","15":"tag-indigo"},"_links":{"self":[{"href":"https:\/\/aviationa2z.com\/index.php\/wp-json\/wp\/v2\/posts\/29678","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/aviationa2z.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/aviationa2z.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/aviationa2z.com\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/aviationa2z.com\/index.php\/wp-json\/wp\/v2\/comments?post=29678"}],"version-history":[{"count":1,"href":"https:\/\/aviationa2z.com\/index.php\/wp-json\/wp\/v2\/posts\/29678\/revisions"}],"predecessor-version":[{"id":29682,"href":"https:\/\/aviationa2z.com\/index.php\/wp-json\/wp\/v2\/posts\/29678\/revisions\/29682"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/aviationa2z.com\/index.php\/wp-json\/wp\/v2\/media\/29681"}],"wp:attachment":[{"href":"https:\/\/aviationa2z.com\/index.php\/wp-json\/wp\/v2\/media?parent=29678"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/aviationa2z.com\/index.php\/wp-json\/wp\/v2\/categories?post=29678"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/aviationa2z.com\/index.php\/wp-json\/wp\/v2\/tags?post=29678"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}