The Tata Group's effective shareholding will now be 15 per cent in GMR Airports, translating into a shareholding of approximately 10 per cent in DIAL, said sources in the know
According to industry estimate, airlines in India have speeded up their aircraft acquisition plans. They will add at least 30 planes till December, of which 20 will be added by the first week of Nov
Last month, the government cleared a proposal for managing six AAI-run airports - Guwahati, Thiruvananthapuram, Lucknow, Mangaluru, Ahmedabad and Jaipur - on public-private partnership (PPP) basis
All the identified 20 sites are freshwater bodies - either a multipurpose dam or a perennial river
Aviation sector experts feel the airports chosen for privatisation will also get attractive bids
This would be done through Public Private Partnership Appraisal Committee
It is for the first time that so many of AAI airports have bagged top positions in the coveted list
The Airports Authority of India (AAI) is gearing up to provide passengers a better shopping and dining experience at 12 of its airports, which will boost its revenue. AAI has started floating separate requests for proposals (RFPs), inviting a master concessionaire to set up food and beverage (F&B) outlets, including at least an international and a national brand for smaller airports. There will be a separate bidding process for retail outlets, which will start from October 23. The 12 airports are Bhopal, Indore, Raipur, Lucknow, Calicut, Thiruvananthpuram, Trichy, Amritsar, Bhubaneshwar, Srinagar, Guwahati and Goa. "The concessionaire shall incur all capital expenditure in relation to the development, setting up, operation, maintenance and management of the F&B outlets," as per the RFP document. These airports currently have a handful of vendors which bid separately to set up food stalls and retail outlets. AAI now plans to bring them under a master concessionaire
These include Bhopal, Jaipur and Amritsar, which have regular flights