India deserves more non-stop overseas flights: Air India CEO

News Network
June 4, 2023

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New Delhi, June 5: Asserting that India deserves to have international non-stop connectivity to more destinations, Air India chief Campbell Wilson has said the country has in some respect not been able to control its own destiny as a consequence of not having a healthy domestic airline industry.

Wilson, who is piloting Air India's massive expansion plans in terms of fleet as well as routes, also said that IndiGo succeeding well and Tata airlines coming together provides a good competitor to the strength of IndiGo.

"It should hopefully allow for a market that is more sustainable, ideally profitable that will allow airlines to invest in new products, expand network and also lead India to assume its place on the world aviation stage...," he told PTI in a recent interview.

Tata Group took over Air India and Air India Express from the government in January last year.

Currently, the group has four carriers under its fold -- Air India, Air India Express, AIX Connect (earlier known as AirAsia India) and Vistara, a joint venture with Singapore Airlines.

The group is also in the process of merging Air India Express and AIX Connect, and Vistara with Air India.

Responding to a query about the crisis at Go First, Wilson said it is very unfortunate.

Cash-strapped budget carrier Go First stopped flying from May 3 and is undergoing voluntary insolvency resolution proceedings.

This is not the first time that an airline has failed in the country and "it does I think underscore the industry structure that has prevailed has not been conducive for a healthy, vibrant, profitable industry", the Air India CEO and Managing Director said.

"As a consequence of not having a healthy domestic airline industry, India has in some respects is not able to control its own destiny. Some foreign airlines coming into India have been the ones that have reaped the benefits of the growing Indian market as opposed to the Indian airlines.

"We continue to make sure that we put in the investments in aircraft, products, people and systems. We will have a significantly sized, professionally run, expansion-oriented high quality airline," Wilson said.

He also said that Air India is investing $70 billion at list price for 470 new aircraft and that is with the explicit purpose of providing more services, especially international connectivity.

As Air India flies to more places non-stop from India and also builds a hub, then hopefully, the airline will catalyse further broader development of the country's aviation industry. "That will be good for all the parties and not just the airline itself," he noted.

While travel demand is on the rise, India has relatively less direct international air connectivity and overseas traffic is catered to mostly by foreign carriers with connecting flights.

Against this backdrop, the government is working on developing an international aviation hub in the country while Air India and IndiGo are also expanding their international operations.

"Our view is that India deserves to have international non-stop connectivity to many more destinations in the world than presently is the case.

"In order to do that, it will require investments in aircraft, systems, and people by Indian carriers. That investment comes with economic incentives and other incentives. So building the environment to make such investments attractive to the people and such investments successful, at least in my view, is in the national interest," Wilson said.

When asked about India being hesitant to allow more bilateral flying rights to foreign carriers, Wilson said that for whatever reason, India did not have a strong home carrier to announce non-stop services to the points that people wanted to fly to and from.

"In the absence of that, people were served by airlines hubbing in different places around India. Now, there are two airlines in India with the capacity and ambition to expand non-stop services, it is only right that they be given time to demonstrate that the intent is matched by action," he emphasised.

India is one of the fastest growing aviation markets in the world.

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News Network
February 20,2025

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A group of nearly 300 migrants, including Indians deported from the United States under President Donald Trump's crackdown on illegal immigration, are currently held in a hotel in Panama's Darien jungle region. These migrants hail primarily from Asian countries such as India, Nepal, Sri Lanka, Iran, Pakistan, Afghanistan, and China.

The migrants are not permitted to leave the hotel as the Panamanian government awaits international authorities to arrange their return to their home countries. According to a report, Panama's Security Minister Frank Abrego stated that the migrants are receiving medical attention and food as per an agreement between the United States and Panama.

However, a report from The New York Times quoted Artemis Ghasemzadeh, 27, an Iranian deportee, who said, "It looks like a zoo; there are fenced cages. They gave us a stale piece of bread. We are sitting on the floor."

Deputy Foreign Minister of Panama, Carlos Ruiz-Hernandez, confirmed that 97 people were transferred to the camp. He emphasized that the migrants were not "detainees" but rather in a migrant camp where they will be taken care of, not a detention camp.

Migrants in the hotel rooms displayed messages on the windows reading "Help" and "We are not safe in our country." According to the report, 40% of the migrants are refusing to return to their home countries voluntarily.

Panama serves as a transit country due to the challenges the US faces in deporting individuals directly to some countries. While Panama acts as a "bridge," the US government bears the cost of these arrangements. This agreement between the two countries was announced following the visit of US Secretary of State Marco Rubio to Panama. The threat of retaking control of the Panama Canal by Trump is mounting pressure on Panamanian President Jose Raul Mulino.

Costa Rica is also expected to receive a group of deportees on Wednesday.

Abrego stated that 171 of the 299 deportees had agreed to return to their home countries with the assistance of the UN Refugee Agency and the International Organization for Migration. The remaining 128 migrants are still being processed, with efforts being made to find alternative locations for them. While individuals who refuse to return to their home countries will be detained in a facility in the remote province of Darien for a while, one deported Irish individual has already returned home.

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News Network
March 3,2025

Thiruvananthapuram: The Kerala assembly on Monday witnessed heated argument between Chief Minister Pinarayi Vijayan and the opposition Congress-led United Democratic Front over the increasing violence involving youths as well as the drug menace.

The chief minister blamed it on films that celebrate violence, competitiveness among youngsters and lapses in parenting as key reasons for the increasing violent tendency among the youngsters. He also stressed the need to carry out awareness campaigns and said that there would not be any compromise in enforcement.

Congress gave a notice for adjournment motion in the house in the wake of the back to back incidents of violence involving students, the latest being the death of a tenth standard student at Kozhikode the other day following an attack by five other students. Considering the gravity of the scenario, the government allowed a discussion on the matter.

The Chief Minister was agitated over Congress leader Ramesh Chennithala, who presented the notice for the motion, accusing the government of failing to curb the drug menace and also alleged of links of CPM's student outfits Students' Federation of India in brutal violence at campuses. Vijayan was also irked as Chennithala pin pointed the attack on him by repeatedly using 'Mr. chief minister'.

Vijayan said that the increasing criminal tendency among children was a global issue. "As the world becomes very competitive right from studies to jobs, the younger generations are becoming more restless. The competitiveness, which seems to be an outcome of globalization, was also causing enmity in young minds. With parents failing to spend adequate time with children, the children and getting addicted to digital devices," said Vijayan.

He also said that there were police reports that children were even getting attracted to goonda gangs after being influenced by films that celebrate violence. The sensor board needs to look into the matter. Web series and social media were also badly influencing children.

Listing out the number of drug peddling cases nabbed by the police and excise departments in the recent years, Vijayan said that there was no lapse in enforcement.

Opposition leader V D Satheesan extended the opposition's support to the government in fighting the menace.

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News Network
March 5,2025

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The number of Indian high-net-worth individuals (HNWIs), those having assets more than $10 million, rose 6 per cent last year to 85,698, according to Knight Frank.

Global property consultant Knight Frank on Wednesday released its 'The Wealth Report 2025', which estimated the HNWI population in India at 85,698 in 2024, as against 80,686 in the preceding year.

The number is expected to rise to 93,753 by 2028, reflecting India's expanding wealth landscape, the consultant said.

The increasing trend of HNIW population highlights the country's strong long-term economic growth, increasing investment opportunities, and evolving luxury market, positioning India as a key player in global wealth creation.

India's billionaire population has also seen a strong year-on-year growth in 2024.

"India is now home to 191 billionaires, of which 26 joined the ranks in just the last year, which was pegged at just 7 in 2019," the consultant said.

The combined wealth of Indian billionaires is estimated at $950 billion, ranking the country third globally, behind the US ($5.7 trillion) and Mainland China ($1.34 trillion).

"India's growing wealth underscores its economic resilience and long-term growth potential. The country is witnessing an unprecedented rise in high-net-worth individuals, driven by entrepreneurial dynamism, global integration, and emerging industries," Shishir Baijal, Chairman & Managing Director, Knight Frank India, said.

This expansion is not just in scale but also in the evolving investment preferences of India's elite, who are diversifying across asset classes, from real estate to global equities, he added.

"In the decade ahead, India's influence in global wealth creation will only strengthen," Baijal said.

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