Space sovereignty is taking on additional geopolitical significance as Pixxel of Bengaluru announces plans to launch an orbiting data center for India.
The abrupt drop in capacity on routes to and from the Middle East has impacted India’s airlines due to the importance of this traffic flow to their networks.
Indian airlines are calling on the government to take measures to ease the financial burden caused by surging fuel prices during the Middle East crisis.
Gulf airlines continue to face heavy disruption, while U.S. carriers deal with a fuel cost surge and must compete against largely hedged European airlines.
Embraer needs firm orders for 200 aircraft if its plan to establish a final assembly line in India is to come to fruition, CEO Francisco Gomes Neto said.
Embraer has signed an MOU with India’s Hindalco Industries that could result in the Brazilian OEM sourcing aerospace-grade aluminum from the South Asian nation.
India is targeting greater than 50% localization of components for future Dassault Rafale fighters made in-country, Defense Secretary Rajesh Kumar Singh said.
Hexcel, which supplies advanced composites to more than 100 military aircraft, sees growing demand for its products globally as countries hike defense spending.
The Brazilian airframer wants to take advantage of the huge growth of India’s air transport industry. But regional flying must first become a viable business.