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India Targets Indigenous Civilian Aircraft Within Two Years

India Targets Indigenous Civilian Aircraft Within Two Years
K. Rammohan Naidu bets on Made-in-India civilian aircraft in two years, flags ATF price strain - Telegraph India · telegraphindia.com

India’s aviation minister says the country could build its first civilian airplane within two years through a joint venture.

He did not share details about the venture.

Indian airlines have ordered many planes, and more airports are planned.

The government also wants to explore making jet engines in India, though that would take time.

Naidu says better materials and skilled workers will be important.

He also says India could export sustainable aviation fuel and work on a carbon-credit system.

Meanwhile, higher jet-fuel prices are putting pressure on airlines.

IndiGo is raising fuel surcharges, and the government is talking with airlines and oil companies about fuel costs.

Key facts

Aircraft target
First Made-in-India civilian aircraft potentially within two years, through a joint venture.
Aircraft orders
More than 1,600 aircraft on order for Indian airlines, estimated at about $100 billion.
Airport plans
More than 100 new airports are expected over the next 10 years.
Current aviation capacity
India has 165 airports, and domestic airlines operate around 850 aircraft.
Manufacturing sourcing
Boeing and Airbus source about $4 billion in components and services from India; the figure is projected to reach $10 billion by the end of the decade.
IndiGo surcharge
The increase ranges from Rs 100 to Rs 350 for domestic flights, depending on distance; revised charges take effect October 6.
Fuel-cost pressure
Aviation Turbine Fuel accounts for around 40% of an airline’s operating costs.
Sustainability
Naidu said India could become an exporter of Sustainable Aviation Fuel and that the government would work on a carbon-credit mechanism.

Quotes

K. Rammohan Naidu

India’s civil aviation minister

“One of the most important things is how the West Asia crisis is putting a big burden on ATF prices. We are in discussions with airlines and OMCs (Oil Marketing Companies)”
telegraphindia.com
“Within two years, we will be able to have Made-In-India civilian aircraft”
telegraphindia.com rediff.com

Sources

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