Current Affairs - Business - Discussion

The Airports Authority of India (AAI) signed a technical assistance agreement with aerospace major Boeing. The agreement aims to develop an air traffic management roadmap which will improve airspace utilization and help maintain efficient aircraft operations. The AAI will use guidance in the modernization of the Indian National Airspace System (NAS). The roadmap is expected to be developed within 18 months and it will be undertaken with a grant from the United States Trade and Development Agency (USTDA). In this project, Boeing will also work closely with Indian aviation regulator Directorate General of Civil Aviation (DGCA) and other airspace stakeholders like the US-India Aviation Cooperation Program (ACP).