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Airport services company SATS's multi-modal cargo logistics facility at Noida International Airport is ready for operations as the mega aviation hub is set to be inaugurated next month, a company official said. The Singapore-based company has already invested close to Rs 1,000 crore in building the new cargo facility. "The next phase, expected to be an additional Rs 600 crore in investment, is to develop the adjacent integrated logistics park providing seamless end-to-end airfreight services to the air cargo industry players," Bob Chi, CEO of SATS Ltd's Gateway Services for Asia Pacific region, said on Tuesday. He was speaking at the Uttar Pradesh Investment Roadshow here hosted by Uttar Pradesh Chief Minister Yogi Adityanath. SATS' investment is aimed at making Uttar Pradesh's new airport a global aviation hub. The investment is through its 50:50 joint venture of Air India and SATS Limited (AI-SATS). SATS has been working in India since 2008. Beyond the financial investments, SA
The upcoming Noida International Airport (NIA) at Jewar in Gautam Buddha Nagar on Monday announced the "successful" completion of its validation flight, a crucial step in the process of acquiring aerodrome licence. The validation flight was conducted by an IndiGo A320 passenger aircraft in the presence of civil aviation minister Kinjarapu Rammohan Naidu. The flight verified the airport's approach procedures, confirming the accuracy and functionality of its navigational aids and air traffic control systems, it said, adding, it demonstrates the airport's adherence to the stringent safety and operational standards required for commercial operations. Following the validation flight, NIA will finalise the required documentation for aerodrome certification and submit it to the Directorate General of Civil Aviation (DGCA), it said. In October, the airport operator had undertaken an exercise to calibrate its Instrument Landing System (ILS) and Precision Approach Indicator (PAPI) system. "
Noida International Airport on Friday said it has entered into a concession agreement with the Bird Group to provide ground-handling resources and services at the upcoming airport in Jewar, Uttar Pradesh. The strategic partnership will ensure efficient and seamless ground-handling activities at the airport, enhancing the overall passenger experience, the airport said. The greenfield project is located 75 km off Delhi along the Yamuna Expressway and is expected to open for commercial services after the first phase of development by the end of this year, according to officials. The first phase of the airport, featuring one runway and one terminal, will have the capacity to handle traffic of 12 million passengers annually. Upon completion of all four development phases, the airport will be able to cater to 70 million passengers per year, they said. Under the agreement, Bird Group will take on an extensive set of responsibilities for the ground handling project. This entails a ...
Veteran filmmaker Boney Kapoor, who is associated with Bayview Projects that won the bid for developing the International Film City near Noida, on Wednesday said the project will cater to Indian and foreign film shoots and post-production work. Kapoor has teamed up with real estate developer Bhutani Group under the Bayview Projects banner, which was on Tuesday selected as the concessionaire to develop the greenfield project along the Yamuna Expressway near the upcoming Noida International Airport. Bayview Projects offered the highest revenue share of 18 per cent to develop the film city in a public-private-partnership model with the Uttar Pradesh government and clinched the deal from the likes of T-Series and a company backed by actor Akshay Kumar. "This film city will be developed in such a way that not only Indian but also foreign films can be shot here," Kapoor said, according to a statement shared by the Uttar Pradesh government. "Moreover, filmmakers from both India and abroad
IndiGo will be the first airline to start flights from Noida International Airport, which is scheduled to be operational by the end of 2024, according to a statement. Noida International Airport (NIA) on Friday signed a Memorandum of Understanding (MoU) with IndiGo -- the country's largest airline -- which has agreed to become the launch carrier for the airport, the statement said. Under the agreement, signed in Delhi, NIA and IndiGo will work together towards developing and strengthening air connectivity in Uttar Pradesh and beyond. The greenfield airport is located in Jewar area of Gautam Buddh Nagar district in western Uttar Pradesh, about 75 km from Delhi. Once operational, it will be the second international and overall third commercial airport in the National Capital Region (NCR). The partnership will explore new and innovative ideas, aimed at gaining operational efficiency and enhanced customer experience, as per the NIA statement. "We are excited to sign this MoU with Ind
The Noida Authority has decided to release Rs 1,359 crore and the Greater Noida Authority Rs 453 crore for establishment of the Noida International Airport, according to official statements. The Noida Authority and the Greater Noida Authority are 37.5 per cent and 12.5 per cent shareholders, respectively, in the Greenfield airport being built as a public-private partnership project. Besides them, the Uttar Pradesh government holds a 37.5 per cent stake in the project while the Yamuna Expressway Authority has another 12.5 per cent share in it. The decision for the release of funds were taken during the board meetings of the Noida Authority and the Greater Noida on Wednesday. Uttar Pradesh Infrastructure and Industrial Development Commissioner Arvind Kumar had chaired the meetings in presence of Ritu Maheshwari, the CEO of both the authorities. "For the establishment of the Noida International Airport, it was decided by the Noida Authority to give the balance due amount of Rs ...