AeSI remembers Dr. Kalam and calls for Multi-crew Pilot License (MPL) system in India
‘Dr. Kalam was one of the chief architect who shaped the technologies for defence preparedness of India’ said Dr. Satish Reddy while delivering the Dr. Kalam memorial lecture on 26 July 2019 at New Delhi in a function organized by Aeronautical Society of India.
Dr. Saraswat, member NITI AYOG and the chief guest of the function, while appreciating the recent achievements of DRDO for ASAT and of ISRO for successful launch of Chandrayaan-2, spoke about the need for higher focus on industry 4.0 and launch of low cost satellite systems.
Civil aviation in India will see induction of more than 1000 aircrafts in next 7-10 years, thereby needing additional 15,000 plus pilots. Conventionally a person needs about 18-24 months of training for a basic pilot license, besides a cost of Rs 20 lakhs plus. MPL (multi-crew pilot license) can produce a co-pilot in just 10-12 months (total 240 hours including 210 hours in simulator) at much less costs. This kind of pilot licensing has been accepted by ICAO (international civil aviation organization) in the year 2006 and many developed countries since then has already adopted it. It is high time that India also adopts it in view of huge demands of creating pilots for Indian skies. AeSI will spearhead an awareness /update initiative in India in this direction for regulatory approvals and adoption’ said Dr. R.K. Tyagi, President AeSI & former chairman HAL & Pawan Hans Helicopters.
REC – 5 Decades and Still Going Strong
REC Ltd., a Navratna NBFC, founded in 1969, celebrated its 50th Foundation Day on 25th July 2019 at an event held in New Delhi. The company has funded projects across the power sector value chain to the tune of nearly Rs. 10,00,000 Cr. The company with a vision of a greener future has already funded nearly 5 GW of Renewable Energy projects and was the first Indian PSU corporate to raise money through green bonds in International Markets. REC boasts a loan book of over Rs. 2.80 lac crores.
The Chief Guest of the evening R K Singh, MoS (IC) for Power and NRE in his address called REC ‘a friend, philosopher and guide of the power utilities of state’ and revisited his memories of engaging with REC during the early phase of his career. Secretary Power, the Guest of Honor for the evening lauded the efforts of REC in Nation Building Activities like SAUBHAGYA, despite being a financial organization operating in the power sector space. Ajeet Agarwal, CMD, REC Limited said ‘These Golden Jubilee Celebrations reflect on our glorious past and inspire us to contribute to the collective growth of this nation with greater vigour and zeal’. The audience was enthralled by a captivating cultural programme. The event was attended by key ministry officials and senior management members of various PSEs. Ex-CMDs of REC were also felicitated during the event.
AAI hosts Annual Conference of Top Executives
The second edition of two-day Annual Conference of Top Airports Authority of India (AAI) executives inaugurated by Dr. Guruprasad Mohapatra, Chairman AAI. The purpose of this annual conference is to apprise the senior leaders of current business scenario and strategies to achieve corporate plan, vision and mission.
In his welcome address, Anuj Aggarwal, Member (HR) highlighted the positive changes in Civil Aviation Industry which has projected AAI on a rapid growth trajectory. He also mentioned that AAI has to not only focus on generating a healthy stream of profits, but also has to contribute towards nation building while furthering its operations.
The theme for this year’s conference is Sustainability for Future Operations, in Financial, Operational and Environmental Domains. Dr. Guruprasad Mohapatra, Chairman, AAI in his keynote address appreciated the work done by Functional heads and Airport heads in improving airport infrastructure and passenger facilities.