DOMESTIC AVIATION MARKET ANALYSIS

Key Developments

• In March 2024, Boeing, the aircraft manufacturer, and AI Engineering Services Ltd (AIESL), specializing in maintenance, repair and overhaul of aircraft and aircraft components announced a collaborative partnership to enhance aircraft training activities in India. As part of this agreement, Boeing will furnish AIESL with training materials, aids, and instructor support to ensure the standardization of AIESL's training programs. In turn, AIESL will contribute its infrastructure and instructors, while also securing the necessary Civil Aviation Regulation (CAR) 147 approval from the Indian regulatory authority to provide maintenance training services to its customers.
• In February 2024, Airbus and Total Energies formed a strategic alliance to tackle the challenge of decarbonizing aviation by promoting the use of sustainable aviation fuels (SAF). Aligned with the aviation industry's goal of achieving net-zero carbon emissions by 2050, this partnership aims to contribute to reducing the sector's CO2 footprint, with SAF playing a crucial role. Total Energies' SAF can cut lifecycle CO2 emissions by up to 90% compared to conventional jet fuel.
• In February 2024, Airbus, designs, manufactures and delivers industry-leading commercial aircraft and TotalEnergies, a global integrated energy company that produces and markets energies: oil and biofuels, natural gas and green gases established a strategic partnership to address the issue of decarbonizing the aviation industry through the increased adoption of sustainable aviation fuels (SAF). Consistent with the aviation sector's objective of attaining net-zero carbon emissions by 2050, this collaboration seeks to aid in lowering the industry's CO2 emissions, with SAF being a key component in achieving this goal. TotalEnergies' SAF has the potential to reduce lifecycle CO₂ emissions by up to 90% in comparison to traditional jet fuel.