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New Indian Express
an hour ago
- Business
- New Indian Express
Bhubaneswar-Jharsuguda direct flight under state scheme flagged off by Odisha CM
BHUBANESWAR: Chief Minister Mohan Charan Majhi on Saturday flagged off direct flight services between Bhubaneswar and Jharsuguda under the state's B-MAAN (Building and Management of Aviation Assets and Network) scheme. Speaking on the occasion at Biju Patnaik International Airport in Bhubaneswar, Majhi said the new flight operations will not only bring western Odisha closer to the state capital but also give a substantial boost to industrial growth, tourism and cultural exchange. The new service, operated by Star Air with a 76-seater aircraft, is a key initiative under Odisha's new destination policy, to strengthen air links within the state and boost economic opportunities. The flight will operate every Tuesday, Wednesday, Thursday, Friday and Saturday, with daily flights operations expected to commence soon. The Commerce and Transport department reaffirmed its commitment to expand regional air networks and strengthen infrastructure to realise the dream of 'aviation for all' and take the state closer to its vision of accelerated and inclusive growth. The flight service is supported by viability gap funding (VGF) under the new destination policy.
The Print
a day ago
- Business
- The Print
Odisha: Direct flight between Bhubaneswar, Jharsuguda launched
Bhubaneswar, Aug 16 (PTI) A direct flight between Bhubaneswar and Jharsuguda was flagged off by Chief Minister Mohan Charan Majhi on Saturday. The service, operated by Star Air, has been launched under the state's B-MAAN (Building and Management of Aviation Assets and Network) scheme.
News18
2 days ago
- Business
- News18
Odisha: Direct flight between Bhubaneswar, Jharsuguda launched
Agency: PTI Bhubaneswar, Aug 16 (PTI) A direct flight between Bhubaneswar and Jharsuguda was flagged off by Chief Minister Mohan Charan Majhi on Saturday. The service, operated by Star Air, has been launched under the state's B-MAAN (Building and Management of Aviation Assets and Network) scheme. 'This milestone will not only bring western Odisha closer to the state capital but also give a substantial boost to industrial growth, tourism, and cultural exchange. The launch of this route is expected to enhance regional air connectivity, bridge distances within the state, and create inclusive and accessible aviation infrastructure for all sections of society," Majhi said. Star Air will operate a 76-seater aircraft from Tuesday to Saturday on the route. view comments First Published: August 17, 2025, 00:00 IST Disclaimer: Comments reflect users' views, not News18's. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy.
Time of India
4 days ago
- Business
- Time of India
Cabinet nod to aircraft maintenance, repair, overhaul facility at BPIA
1 2 Bhubaneswar: A state cabinet meeting, chaired by chief minister Mohan Charan Majhi, on Wednesday approved the establishment of an aircraft maintenance, repair and overhaul (MRO) facility at the Bhubaneswar airport. The project, spearheaded by Air Works India (Engineering) Pvt Ltd, will receive an additional incentive package of more than Rs 80 crore, supplementing the existing industrial policy. Briefing media persons after the cabinet meeting, chief secretary Manoj Ahuja said the facility would be a significant initiative towards transforming Odisha into a regional hub for aviation services. "The world-class MRO facility will be the first major MRO facility in eastern India and a key milestone under the govt of Odisha's vision to strengthen aviation infrastructure through the MAAN (Building and Management of Aviation Assets and Network) scheme," he said. Govt sources said that the administration would provide a 50% capital investment subsidy to the company. While the Industrial Policy Resolution, 2022, allows a 30% subsidy, the cabinet approved an additional 20%. Furthermore, the govt will cover the rental cost of the facility for two years and the cost of ESI/EPF contributions for the manpower employed by the company at Biju Patnaik International Airport (BPIA) here. The company will invest Rs 150 crore to avail the subsidies. The aviation MRO market globally, as per a NITI Aayog report, is expected to reach $117 billion by 2031, an increase of 70% from $68.5 billion in 2021. Considering India's plans for increasing regional air connectivity, focusing both on passenger travel as well as cargo movement, and the fleet expansion plans of domestic airlines, the MRO requirements for servicing such a fleet would significantly rise in the coming years. India is poised to become the third largest aviation market after the US and China. Airline operators in India currently have a fleet size of around 713 aircraft and have placed orders for procuring an additional 1,000-plus aircraft in the coming 5-10 years. In India, airlines spend around 12-15% of their overall revenues on maintenance, which becomes the second most expensive item after fuel (around 40% of operating expenses). The exponential rise in the aviation sector presents a strong case for the development of the MRO industry. The NITI Aayog report mentioned that the MRO industry in India is expected to reach $4 billion by 2031, at a CAGR of 8.9%. In this context, the geographical positioning of Odisha and its proximity to several major routes create substantial potential for MRO services catering to domestic and international carriers. Approval of the MRO facility at BPIA marks a significant step towards realising this potential and establishing Odisha as a pivotal player in the aviation sector, a govt statement read. Stay updated with the latest local news from your city on Times of India (TOI). Check upcoming bank holidays , public holidays , and current gold rates and silver prices in your area.
