<p>
<strong>India is set to get 8 new flying training academies for commercial pilots under the liberalised Flying Training Organisation (FTO) policy of the Airports Authority of India (AAI).</strong></p>
<p>
These academies will be set up at Belagavi, Jalgaon, Kalaburagi, Khajuraho and Lilabari. The set-up of these 8 FTOs is aimed at making India a global flying training hub and to prevent the exodus of Indian cadets to foreign FTOs. Additionally, these FTOs will also be designed to cater the flying training requirements of cadets in India&rsquo;s neighbouring countries, the ministry of civil aviation said on Wednesday.</p>
<p>
These five airports have been carefully chosen since they have minimal disruption due to weather issues and civil/ military air traffic. This initiative will help the Indian flying training sector in becoming more self-sustaining under the Atmannirbhar Bharat initiative.</p>
<p>
Airports Authority of India had invited bids for the same in November 2020. The award letters were issued on 31 May 2021 to winning bidders: Asia-Pacific, Jetserve, Redbird, Samvardhane and Skynex. The parameters set for prospective bidders included familiarisation with aviation safety aspects, regulatory mechanisms, experience in the field of training pilots on manned aircraft, the availability of equipment, trainers, etc.</p>
<p>
To make FTOs attractive for bidders, AAI reduced the minimum annual rental significantly to Rs.15 lakh. The concept of airport royalty was also scrapped to make these ventures business-friendly.</p>
In the lead-up to Aero India 2025, Defence Minister Rajnath Singh addressed the Ambassadors Round…
The Index of Industrial Production (IIP) growth rate for the month of November 2024 is…
About sixty per cent of global manufacturers will use generative AI as a tool to…
International students from leading American universities held an interaction with External Affairs Minister Dr S…
India's pivotal involvement in the liberation of what was formerly East Pakistan occurred over four…
India on Friday sent humanitarian assistance to Cuba following the devastation caused by Hurricane Rafael.…