Market Intelligence: Indian Subcontinent

Pilot Training Solution Provider Aviation Exchange Group Continues to Graduate Large Number of ATR72-600 Pilots in April 2024

Aviation Exchange Group, an EASA Approved Training Organization based in Malaga, Spain, announced in March 2024 the commencement of monthly new EASA ATR42/72 Type Rating Course, in response to the rising demand for skilled ATR pilots. In April 2024 it has trained 8 Indian pilots in its training facilities in Malaga.

Source: Aviation Exchange Group
Photo Credit: ATR

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First Group of Air India Abinitio Cadet Program Pilots Start Training in India in April 2024

The first group of 26 cadets of the Air India Cadet Pilot Program have begun the ground school phase of training with Indian pilot training facilitator ThePilot.in – these 26 cadets will then transition to do their flight training with one of the two flight training partners.

“Our first group of Air India Limited Cadet Pilot Program students have begun training! 26 students have now begun the ground school phase of training with ThePilot.in before beginning their flight training at our Florida Academy later this year. Join us in wishing these future pilots the best of luck in their training.”

Back in February 2024 United Kingdom headquartered L3Harris Commercial Aviation which offers pilot training including flight training from its bases in the United States and the United Kingdom shared that it has been selected by India’s flag carrier Air India as a flight training partner for the airlines Fly High Cadet Pilot Program.

David Coward, VP and GM of Training Services, said: “We are delighted to be working with Air India on this program and in doing so further strengthen the partnership between our two companies. The launch of this program is testament to Air India’s confidence in our Academy to deliver the quantity of pilots that will support their significant planned growth.”

Source: L3Harris Commercial Aviation

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US Headquartered Aviation and Pilot Training Group International Aero Academy Announces Partner in India

International Aero Academy (IAA), an aviation training group and charter operator based in Lakeland, Florida, United States which in February 2024 inaugurated a new office in Mumbai, India has shared that it has partnered with Captain Surinder Singh and his company Albatross Aviations PVT LTD for pilot training of Indian students.

For the past 15 years, Captain Singh has operated the most well-known and longest established DGCA ground school in India. IAA is the first FTO that Captain Singh has selected for pilot training. Together with Captain Singh, IAA and IAA’s office in Mumbai will provide students a complete 360 degree solution to include: DGCA ground school, visa assistance, commercial pilot training at IAA’s Lakeland Florida campus, DGCA license conversion and 737 or A320 type ratings. IAA trains over 100 Indian students per year and expects this number to grow significantly in 2024.

Source: International Aero Academy
Photo Credit: International Aero Academy

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IATA: Passenger Demand Up 21.5% in February 2024 Compared to February 2023

The International Air Transport Association (IATA) released data for February 2024 global passenger demand with the following highlights:

Total demand, measured in revenue passenger kilometers (RPKs), was up 21.5% compared to February 2023. Total capacity, measured in available seat kilometers (ASK), was up 18.7% year-on-year. The February load factor was 80.6% (+1.9ppt compared to February 2023).

International demand rose 26.3% compared to February 2023; capacity was up 25.5% year-on-year and the load factor improved to 79.3% (+0.5ppt on February 2023).

Domestic demand rose 15.0% compared to February 2023; capacity was up 9.4% year-on-year and the load factor was 82.6% (+4.0ppt compared to February 2023).

Note that February 2024 was a leap year with one extra day compared to February 2023. This slightly exaggerates growth in both demand and capacity to the positive.

“The strong start to 2024 continued in February with all markets except North America reporting double-digit growth in passenger traffic. There is good reason to be optimistic about the industry’s prospects in 2024 as airlines accelerate investments in decarbonization and passenger demand shows resilience in the face of geopolitical and economic uncertainties.  It is critical that politicians resist the temptation of cash grabs with new taxes that could destabilize this positive trajectory and make travel more expensive. In particular, Europe is a worry as it seems determined to lock in its sluggish economic recovery with uncompetitive tax proposals,” said Willie Walsh, IATA’s Director General.

International Passenger Markets

All regions showed double digit growth for international passenger markets in February 2024 compared to February 2023. For the first time, demand for international services exceeded pre-pandemic levels (+0.9% compared to February 2023). This, however, is skewed by February 2024 being a leap-year with an extra day compared to February 2023.

Asia-Pacific airlines saw a 53.2% year-on-year increase in demand. Capacity increased 52.1% year-on-year and the load factor rose to 84.9% (+0.6ppt compared to February 2023), the highest among all regions.

European carriers’ saw a 15.9% year-on-year increase in demand. Capacity increased 16.0% year-on-year, and the load factor was 74.7% (flat compared to February 2023).

Middle Eastern airlines saw a 19.7% year-on-year increase in demand. Capacity increased 19.1% year-on-year and the load factor rose to 80.8% (+0.4ppt compared to February 2023).

North American carriers saw a 16.0% year-on-year increase in demand. Capacity increased 17.6% year-on-year, and the load factor fell to 77.7% (-1.1ppt compared to February 2023).

Latin American airlines’ saw a 21.0% year-on-year increase in demand. Capacity climbed 18.6% year-on-year. The load factor rose to 84.2% (+1.7ppt compared to February 2023).

African airlines’ saw a 20.7% year-on-year increase in demand. Capacity was up 22.1% year-on-year. The load factor fell to 74.0% (-0.8ppt compared to February 2023).

Source: International Air Transport Association
Photo Credit: International Air Transport Association

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Airbus Announces Commercial Aircraft Orders and Deliveries for the Month of March 2024

In March 2024, European aircraft manufacturer Airbus:

  • Delivered 63 aircraft to 32 customers
    • 1 A220-100
    • 3 A220-300
    • 23 A320neo
    • 28 A321neo
    • 3 A330-900
    • 3 A350-900
    • 2 A350-1000
  • Secured 137 orders
    • 1 A319neo
    • 10 A320neo
    • 85 A321neo
    • 3 A330-900
    • 5 A350F
    • 6 A350-900
    • 27 A350-1000
  • Year to date Airbus has delivered 142 aircraft to 45 customers.

AFM Team Note – kindly contact us for a detailed excel breakdown of orders and deliveries by airline.

See last month’s order here.

Source: Airbus
Photo Credit: Airbus

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