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Commercial pilot license programmes at MYFLEDGE empowers aspiring pilots with ‘The Wings To Fly’

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One of the fastest growing industries in the country today is the Civil Aviation Industry. It has become the third largest domestic aviation market in the world. In the next four years, this industry is going to witness tremendous growth with the development of airport infrastructure and the aviation navigation services are expected to develop multifold by 2026.

In the current economic situation, finding the perfect job that accelerates your career is a challenge. The aviation industry hardly disappoints enthusiasts. Good pilots are always sought after because this is a creme-de-la-creme niche, eligibility for which has a narrow window. Pilots are also the highest paid personnel in the Aviation sector. The biggest paradox here is many enthusiastic aspirants dreaming of soaring in the sky, shy away from pursuing this dream along with worries of eligibility. Some shy away, thinking that the trade-off between flight training costs and the immediate starting pay is not as rewarding as their dream. Some desert their dream as it takes too long to reach the apex level of the aviation hierarchy. Some list out location constraints, while some say it is the lack of good training.

Piyalee Chatterjee Ghosh busts these myths with her encouraging reply to aspiring pilots, saying, “Aviation is a career where you should not focus on the next 12 months, but instead on the next 40 years. The cumulative remuneration and growth beat any other career avenue.” She adds, “It takes a minimum of two years to train a pilot, more likely three. There are also stipulated requirements for re-training at several milestones. That is exactly what makes the job more gratifying. The opportunity to keep learning what you love and keep getting better at it is always there”.

The industry is thriving with India making commercial pilot licenses easier and faster to acquire to beat the shortage in airlines. India is estimated to have nearly 8,000 pilots for over 650 commercial aircraft fleets. The growth rate of the commercial aircraft fleet has led to an increase in the demand for over 28,000 pilots over the next two decades. There are over 400 expat pilots in India. Pilots themselves appear to be reasonably optimistic about medium- term job prospects. A poll of 2,600 commercial pilots was carried out last October by recruitment agency GOOSE with Flight Global Poll which indicated that 72 per cent think the industry will recover to its 2019 peak within three years. Two in three believe that by the middle of the decade, there will be a shortage of pilots.

Then there are a few who wonder how they can access quality training at their nearest location at the most competitive cost. Commercial Pilot License Program by Fledge Institute of Aviation and Hospitality powered by MyFledge, addresses the same and gives you the best in the aviation industry.

After working in the industry for a decade, Piyalee started Fledge Institute of Aviation and Hospitality in 2015. Since then, MyFledge has built a fleet of institutions that empowers Indian youth with skills to navigate a steady career in the aviation industry. Pioneered in the heart of India’s Silicon City, Bangalore, the group has specialised in aviation and hospitality skill learning. Over the past seven years, MyFledge has actively trained and placed over 2,600 students in Aviation, Hospitality, Cabin Crew, and Customer Service at various airline and airport companies. MyFledge has developed a world-class curriculum that fits the current demand of the aviation sector with the support of NSDC’s Aerospace and Aviation Sector Skill Council (AASSC). When it comes to coaching and training, Founder Piyalee Chatterjee Ghosh has proven expertise. She and her team of able mentors ensure that students experience a holistic learning environment that nurtures their inherent talents.

Aviation Master Trainer, Piyalee Chatterjee Ghosh recently conducted her first training session as a Master Trainer to over 60 pilot trainers across India in a 6-day workshop conducted by the government of India. It was an initiative by the AASSC.

MyFledge has adopted a training methodology inspired by European and Singaporean skill training institutes. Students are given a holistic approach to facing adversities and adapting to changes. The state-of-the-art study centers are in Guwahati, Mangalore, Raipur, Bhopal, Lucknow, Bangalore, and Mumbai. The organisation aims to open 50 new centers in early 2022 after unfolding its franchisee model. This movement aims to reach every service sector aspirant in India at their locatio

Business

Sensex – Nifty Open Lower Amid Weak FII Sentiment, Midcap & Smallcap Stocks Lend Market Support

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Key Highlights:

– Sensex fell 171 pts, Nifty down 35 pts; midcaps, smallcaps held strong.

– FIIs sold Rs 3,694 crore worth of stocks; DIIs bought Rs 2,820 crore.

– Nifty’s bearish engulfing pattern suggests continued caution; 25,000 key support.

Mumbai: Indian equity benchmarks Sensex and Nifty began Friday’s session in the red, weighed down by selling pressure in large-cap stocks. At 9:25 am, the Sensex declined by 171 points or 0.21 percent to trade at 82,087, while the Nifty dropped 35 points or 0.14 percent to 25,075.

Heavyweights Drag, Broader Market Holds

Major drag on the indices came from key constituents such as Axis Bank, Bharti Airtel, Kotak Mahindra Bank, and HDFC Bank. Financial stocks, FMCG, and private banking segments were under pressure. However, midcap and smallcap segments outperformed, providing resilience to the overall market.

Gainers on the Sensex included M&M, Tata Steel, Power Grid, L&T, Infosys, and Maruti Suzuki, reflecting strength in sectors like auto, metals, and infra.

Sectoral Picture Mixed

On the sectoral front, gains were recorded in auto, IT, PSU banks, metals, realty, energy, media, infrastructure, and commodities. Meanwhile, financial services, FMCG, and private banking faced losses.

Technical indicators showed bearish signals, with Nifty completing a bearish engulfing candle on Thursday. Analysts highlight 25,000 as a key support and 25,340 as a vital resistance level.

FIIs Remain Net Sellers

Foreign institutional investors (FIIs) continued their selling trend, offloading equities worth Rs 3,694 crore on July 17 — marking the second consecutive session of net selling. Domestic institutional investors (DIIs), however, remained net buyers, purchasing Rs 2,820 crore worth of shares for the ninth straight session.

According to Dr. VK Vijayakumar of Geojit Financial Services, FIIs have shown a clear pattern of selling in July after buying in the previous three months. Without positive triggers, the downtrend could persist.

Global Cues Offer Some Relief

Asian markets traded mostly higher on Friday, with Shanghai, Hong Kong, Bangkok, and Jakarta in the green, although Tokyo and Seoul lagged. The US markets ended positively on Thursday, driven by upbeat investor sentiment.

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Indian Equity Indices Open Flat As Markets Await Fresh Triggers To Break Out Of Consolidation Phase

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Mumbai: The Indian equity indices opened flat on Thursday, as markets looked for new triggers to break out of the consolidation range.

At 9.2 am, c was down 15 points at 82,619 and Nifty was down 2 points at 25,210. Buying was seen in the midcap and smallcap stocks. Nifty midcap 100 index was up 123 points or 0.18 per cent at 59,741 and Nifty smallcap 100 index was up 70 points or 0.37 per cent at 19,210.

On the sectoral front, auto, pharma, FMCG, metal, realty, energy, infra and PSE were major gainers, while IT, PSU bank, financial services and media were major losers.

In the Sensex pack, Sun Pharma, M&M, Trent, Kotak Mahindra, Tata Motors, NTPC, BEL, Titan and Power Grid were major gainers. Tech Mahindra, ICICI Bank, Eternal, Axis Bank, Infosys and HUL were major losers.

According to analysts, an India-US interim trade deal has been discounted by the market, leaving no scope for a sharp rally decisively breaking the range.

“One positive and surprise factor that can trigger a rally is a tariff rate much below 20 per cent, say 15 per cent, which the market has not discounted. So, watch out for developments on the trade and tariff front,” said Dr VK Vijayakumar, Chief Investment Strategist, Geojit Investments Limited.

Most Asian stocks traded in a flat-to-low range. Tokyo, Shanghai, Bangkok and Jakarta were trading in the green while Hong Kong and Seoul were in the red.

The US market closed in the green on Wednesday due to positive market sentiment.

On the institutional front, foreign institutional investors (FIIs) continued to reduce exposure in India, selling equities worth Rs 1,858 crore on July 16. In contrast, domestic institutional investors (DIIs) remained consistent buyers for the 8th straight session, infusing Rs 1,223 crore, lending crucial support to the market amid global uncertainties.

The broader trend remains optimistic as long as key support levels are respected, said analysts.

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Tesla Mumbai Showroom Now Open, Bookings For Model Y Begin

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Elon Musk’s Tesla has flagged off its India operations with its first showroom in Mumbai now open. The showroom is located in Mumbai’s premium Bandra Kurla Complex area. It will be showcasing the popular Model Y and Model 3 cars at the venue. Maharashtra CM Devendra Fadnavis arrived at the first Tesla showroom in India, to commemorate the occasion.

The new Mumbai showroom opening marks the entry of Tesla in India, one of the world’s fastest-growing automobile markets. The showroom, at Maker Maxity in BKC, is around 4,000 sq ft large and is said to cost Rs. 35 lakh per month. While customers will be able to book their cars starting today, delivery is said to commence sometime in August. Delivery and registration are only limited to Delhi, Gurugram and Mumbai for now.

The experience centre is located near the Apple flagship store in BKC. Tesla is said to open a showroom isn Delhi as well. While this is a soft launch, the company is expected to do a grand inauguration as well. To book the Model Y or the Model 3, consumers will need to head to the Mumbai experience store.

Musk’s company has imported all the cars fully assembled from China, paying heavy taxes (approximately 70 percent) on the same. The cars are said to be priced starting at around Rs. 40 lakhs in India.

The spotlight will be on the Model Y, which is the most popular variant of Tesla across the world. The SUV is available globally in two variants, Long Range RWD and Long Range AWD (Dual Motor). It claims to offer up to 574 km and goes from 0 to 100 kmph in just 4.6 seconds.

The Model 3, Tesla’s most affordable offering in the Indian market, will also be showcased but is expected to go on sale later in 2025. The top variant of the Model 3 clocks 0 to 100 kmph in 3.1 seconds, has a range of 507 km, and a top speed of 162 kmph.

Tesla India has reportedly leased a 24,500-square-foot space in Mumbai’s Kurla West to set up a service centre, located close to its upcoming showroom in BKC.

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