Aviation Current Affairs - 2020

Kamath Panel constituted by RBI to restructure loans

The Reserve Bank of India has constituted a panel under former ICICI bank CEO K V Kamath. The panel will make recommendations on financial parameters that are to be considered to structure loans that are impacted by COVID-19. About the committee The Committee will recommend financial parameters that are required to be factored in the Read More…

Regulations of Drones in India hastened

On January 13, 2020, the Indian Aviation Ministry announced that registration of all drones in the country is mandatory. The Ministry has given January 31, 2020 as deadline for the users to register their drones. Highlights Every drone is to be provided with a Unique Identification Number (UIN) under the scheme. GoI has opened an Read More…

India To Become Third Largest Aviation Market : IATA

India will be among the top three aviation market by 2024 according to International Air Transport Association (IATA) in its 20- year air passenger forecast report. India is currently at seventh position in Global Aviation market. Key Highlights Of Report The number of air passengers around the world will double to 8.2 billion in 2037. Read More…

Indian, French companies ink pacts worth 13 billion euros

Indian and French companies have exchanged 19 contracts and agreements worth over 13 billion euros in sectors including new and renewable energy, smart grid, nuclear energy, aviation, cement, telecom among others. The agreements were formalised at Indo-French Economic Partnership (IFEP) signing ceremony held in New Delhi in the context of French President Emmanuel Macron’s official Read More…

J-20: China puts stealth fighter into combat servicexcz

China’s People’s Liberation Army Air Force (PLAAF) has commissioned its new generation J-20 fourth-generation stealth fighter into combat service. With this, China became second country in world to commissioned domestically developed stealth aircraft after United States. J-20 J-20 is China’s fourth-generation medium and long-range fighter jet. It is single-seat, twinjet, all-weather, and stealth fighter aircraft. Read More…