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INDO-EU SUMMIT to discuss Civil Aviation Sector

 

New Delhi, November 22, 2006
 

The Indo-EU Aviation Summit is being held in New Delhi on 23rd – 24th November 2006. It is being jointly organized by the Ministry of Civil Aviation of India and the Directorate General for Energy & Transport of the European Commission. It will be inaugurated by Shri Praful Patel, Minister for Civil Aviation and Mr. Jacques Barrot, Vice President of the European Commission.

 

This Aviation Summit is intended to bring together top-level policy makers and industry executives from all sectors involved in the European and Indian aviation and aerospace industries and services hence providing an important platform for enhancing co-operation between the EU and India in aviation.

 

Policy statements and business strategies will be at the centre of the discussions, which will address a wide range of topical trends and new opportunities in EU-India aviation relations. The areas of discussions will include Political and regulatory developments in aviation, Developments in EU-India passenger and cargo markets, Infrastructure needs and investment opportunities in the aviation sector, Safety and security policies and co-operation, New Challengers in commercial aircraft technology, Air traffic management and technological and industrial co-operation.

 

The EU-India Aviation Summit will be attended by key players from the public and private sectors in India and the EU. These are expected to include representatives of governments, airlines, airports and aerospace industries and service providers.

 

At the EU-India Summit held in November 2004, EU and Indian leaders decided to upgrade the EU-India relationship to the level of a Strategic Partnership and to support this partnership through the implementation of a Joint Action Plan. The Joint Action Plan was endorsed at the 2005 Summit held in New Delhi in September 2005 including a range of proposed initiatives in the area of civil aviation aimed at strengthening co-operation between the EU and India in this priority field of activity.

 

In recent years the Indian air traffic market has been among the fastest growing in the world. In 2005, domestic air passenger traffic in India increased by 22% while international passenger traffic grew by 15%. Since 1990, the number of seats available on scheduled non-stop flights between the EU and India has increased from 2.6 to 5.5. million in 2005 (+116%). Capacity on EU-India routes is expected to grow even faster in the coming few years. With such a rapid development in air traffic, important new challenges and opportunities are emerging.

 

Market opening and attempts to attract private and foreign capital to the Indian aviation market are seen as part of the measures necessary to develop and modernize India’s aviation sector in order to meet increasing demand and consumer expectations. India has therefore in recent years taken decisive steps towards opening up its aviation market.

 

These developments combined with the expansion of the single European aviation market offer both significant new challenges and opportunities to all involved in the aviation sector both in India and within the EU. This is why the European Commission and the Ministry of Civil Aviation of India have decided to jointly organize the EU-India Aviation Summit as a high-level and focused event for taking important new steps in EU-India aviation relations into the 21st century.

 

E-Mail : newseditor@sarkaritel.com

 

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