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Video: Masterclass at IIM-A

Facebook Live of MasterClass speaker session by Mr. Akhilesh Tilotia, Officer on Special Duty to Minister for Civil Aviation. In this video, I discuss the idea of Choices - how I have chosen in life and what considerations you might want to keep in mind as you choose between the various choices life throws at you. You can watch the video here: Facebook The students did a fantastic job of summarizing the speech here: Link

Airports driving new urbanisation patterns

Business Standard The economic multiplier effect of airport construction is estimated to be around six times the capital invested in an airport Jayant Sinha & Akhilesh Tilotia In the previous century, Jawaharlal Nehru proclaimed dams and factories as the ‘temples of modern India’. As the Indian economy becomes more service intensive and rapidly globalises to become a major player in goods and services, trade and foreign investments, connectivity is of paramount importance. In this century airports can be said to be the ‘temples of New India’ welcoming trade, ideas and investments. India is expanding the reach of its Ude Desh Ka Aam Naagrik (UDAN) scheme which brings airline services closer to many cities. Air travel is becoming cheaper as fuel prices remain low and operating costs are brought down through industry-friendly policies, airlines are significantly expanding capacity bringing many new passengers to the aviation network. A sophisticated analysis done by Google (u...

Took a 2-hour long class on Business and Public Policy for Vedica Scholars

Run by the Centre for Civil Society, Vedica Scholars brings together a bunch of bright ladies who are interested in business and public policy. Link

Buy the book

You can buy at various bookstores in the country and online at  Amazon  and  Flipkart

Udan air connectivity scheme: Not just a flight of fancy

The Economic Times By Jayant Sinha & Akhilesh Tilotia Providing regional air connectivity is an important policy goal for the government. Such services deliver a host of benefits by fulfilling latent consumer demand for convenient travel, making businesses and trade more efficient, unlocking India’s tourism potential, enabling fast medical service and promoting national integration. Moreover, building connections to tier-2 and tier-3 cities also generates powerful network effects with many regional passengers transferring on to the national aviation network between tier-1cities. The Udan (Ude Desh ka Aam Naagrik) programme is designed to jump start the regional aviation market by improving the profitability of under-developed regional routes. Udan is a market-based policy intervention that builds on similar programmes in the US, Canada and Australia. It is also consistent with universal service approaches established for other network-based services such as railways and te...

Powering growth through airport hubs

Business Standard As the aviation market in India deepens, the creation of hubs for regional connectivity, international travel, mega- tourist destinations and freight connectivity will ensure the flow of more foreign Jayant Sinha & Akhilesh Tilotia Airports and airlines share a symbiotic relationship. Large airlines make big airports their hubs: The airport gets a dedicated anchor bringing in passenger footfalls and the airline builds out a full “hub-and-spoke” model centred around this airport. Typically, large airlines operate out of hubs: Such airports are among the largest in the world. Flag carriers like Emirates (244 planes in the sky in calendar year 2015), Etihad (121 planes) and Singapore Airlines (117 planes) have made their home city of Dubai (which handled 78 million passengers in CY2015), Abu Dhabi (23 million) and Singapore (55 million) their hubs. Large commercial airlines such as American (1,064 planes) or Delta (891 planes) hub at Dallas (66 million) and ...

So the average Indian can fly: How aviation is being transformed from an elite to a public service

The Times of India Jayant Sinha and Akhilesh Tilotia India’s aviation sector is being rapidly transformed and air travel is becoming indispensable for the general public. India is now the fastest growing major aviation market – the number of air passengers has been growing more than 20% year-on-year. In the past 12 months, more than 9 crore passengers flew domestically and another 5 crores or so flew internationally. In the next few years, India will likely become the third largest aviation market in the world after the US and China. The new National Civil Aviation Policy (NCAP), particularly the Regional Connectivity Scheme, will further accelerate this transformation. Spurred by supportive government policies and the NCAP announced in June 2016, the aviation sector has taken off. Along with plunging oil prices and lower interest rates, air travel has become much more affordable and accessible. In fact, air travel is approaching “rail parity” in terms of AC fares and passengers...