HAL is major beneficiary of latest Indian procurement approvals
India has approved millions of dollars in new military purchases, most of which will go to public sector companies.
In April this year, airBaltic increased the number of passengers at its home base in Riga by 56% compared with the same period last year.
Overall the airline carried 217,544 passengers in April 2009, representing 20% more than in the same month in 2008, when it transported 181,943 passengers.
"Our growth figures in April are indeed remarkable in the current global environment. They illustrate strong confidence and appreciation that our customers have for airBaltic's services," remarked Bertolt Flick, president and CEO of airBaltic. "As for the excellent punctuality, we gratefully acknowledge the role and support of Riga International Airport and its dedicated staff who added to our efforts."
During the first four months of 2009, airBaltic carried 717,705 passengers, 11% more than during the same period in 2008, when the total number of passengers was 648,120.
In April, airBaltic operated 3,687 flights, 2% fewer than the 3,778 flights of April 2008. Between January and the end of April, the airline provided 13,348 flights in all, down 1% on 13,546 flights in the same period last year.
The load factor in April 2009 was at a level of 65%, or 11% points more than in April 2008. During the first four months of 2009 airline's cabin factor was at a level of 62%, or 8% points more than during the same period in 2008.
The 15-minute flight punctuality indicator for airBaltic was also at a of 93.1% in April 2009. So more than 93 of every 100 airBaltic flights in April departed at the planned time or with a delay of no more than 15 minutes.
India has approved millions of dollars in new military purchases, most of which will go to public sector companies.
The main obstacles to overcoming risks in the region are a lack of a strong cybersecurity culture and inadequate funds to invest in this domain given a widespread Chinese presence in the region.
MBDA is adapting to supply chain pressures as the Russian invasion of Ukraine leads to increased demand for armaments.
Despite the additional funding promised this week, the UK armed forces still look set to face cutbacks, and maintaining international commitments to AUKUS and GCAP may limit the options for other programmes.
This week on the Shephard Defence Podcast, senior naval reporter Harry Lye and military training & simulation reporter Norbert Neumann chat with Professor John Louth.
Although the Pentagon claims that current systems can detect this type of threat, it has confirmed that measures will be taken in order to maintain the US's edge over its adversaries.