Friday, November 22, 2024

CAPA India will become CAPA Global

“We shall spread our wings and take our consulting, research, knowledge centre, digital transformation and transaction advisory services to more international markets.”

— Kapil Kaul, CEO and Director, CAPA India

Aviation consultancy firm CAPA India is rebranding itself to CAPA Global. This will mean more commitment to aviation research and exploring more opportunities in the travel and aerospace sector. The rebranding process will be completed by the first quarter of 2022.

Kapil Kaul, CEO and Director, CAPA India during its Aviation Mid-Year Outlook Webinar said that the move was intended to take its research and consulting to more international markets. “We shall spread our wings and take our consulting, research, knowledge centre, digital transformation and transaction advisory services to more international markets.”

According to CAPA India evaluation, Indian airlines are projected to lose a combined USD 3.5 to 4 billion in FY2022, compared with its forecast of USD 4.1 billion at the start of the year. Total losses of USD 7.5 to 8 billion across FY21 and FY22 will leave a long-term impact on Indian aviation sector

Kaul also announced that CAPA was planning to organize physical events with the return of its aviation summit after a long halt due to the Covid-19 pandemic. The upcoming CAPA Summits will be the CAPA India Aviation Outlook Summit in March 2022 in New Delhi and CAPA India Aviation Investors Summit in September 2022.

In the outlook webinar, speaking about the aviation sector in India, Kaul said that a new, positive aviation sector could emerge in the country, but it required appropriate institutional framework such as policy, regulation, taxation, skills, safety, security, coordination between stakeholders. etc.

According to CAPA India evaluation, Indian airlines are projected to lose a combined USD 3.5 to 4 billion in FY2022, compared with its forecast of USD 4.1 billion at the start of the year. Total losses of USD 7.5 to 8 billion across FY21 and FY22 will leave a long-term impact on Indian aviation sector, it commented.

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