The government has decided to temporarily defer the proposed sale of AAI's stakes in the private joint ventures operating the airports at Delhi, Mumbai, Hyderabad and Bangalore, according to a senior official. State-owned Airport Authority of India's (AAI) residual stakes in the four major airports are to be sold under the government's ambitious National Monetisation Pipeline (NMP) that was announced in August last year. NMP estimates aggregate monetisation potential of Rs 6 lakh crore through core assets of the central government over a four-year period from FY 2022 to FY 2025. The AAI holds 26 per cent stake each in joint ventures that operate Delhi and Mumbai airports. It owns 13 per cent shareholding each in the joint ventures that operate Hyderabad and Bangalore airports. The senior government official told PTI that the finance ministry has decided to defer for now the sale of the AAI's residual stakes in these four joint ventures as the valuations could be lower now. Specifi
Prime Minister Modi to inaugurate the 'garden terminal' today
Ground is now fully cleared for the much-delayed Visakhapatnam International Airport project to take off. The Andhra Pradesh Chief Minister's Office has written to the Prime Minister's Office requesting that Narendra Modi lay the foundation stone, possibly virtually, for the new airport construction during his visit to port city Visakhapatnam on November 12. But the PMO has not included it in Modi's itinerary, official sources said. Development of the new international airport in Public-Private Partnership mode at Bhogapuram, 40-km northeast of Visakhapatnam, was first mooted in the year 2014, post-bifurcation of the state as the existing one in the city is owned by the Indian Navy. For various reasons, the project did not take off in over eight years. The original plan was grandiose as the state government wanted to build an aerotropolis that would include aviation-linked manufacturing units, aircraft maintenance, repair and overhaul (MRO) facility, research and development centr
The Group operates airports in Mumbai, Ahmedabad, Lucknow, Jaipur, Thiruvananthapuram, Guwahati and Mangaluru
The foundation stone of the Donyi Polo Airport was laid in 2019. Situated nearly 14 km south of the city centre, the airport will serve Itanagar
However, Bengaluru airport's operator BIAL gave a different set of data to Business Standard
Goa Transport Minister Mauvin Godinho on Wednesday expressed the fear that Dabolim airport may shut down if local taxi operators fail to support app-based taxi services
A direct flight from Vijayawada to Dubai will be started from October 29, officials announced in the Airport Advisory Committee (AAC) meeting held on Saturday. The meeting was held at Gannavaram Airport in Krishna district. The panel also discussed several key issues that were affecting passengers, such as baggage delivery. The committee chairman and Machilipatnam MP Bala Showri V reviewed aspects like the ongoing development work at airports, including the modernisation of the new terminal, passenger facilities, and a new proposal for constructing a community hall. The committee decided to commence a direct flight from Vijayawada to Dubai, which will be started October 29 onwards. The flight will operate twice a week. Flights from Vijayawada to Mumbai, and from Vijayawada to Varanasi, already in operation, will be reconsidered. An additional flight from Vijayawada to Delhi will also be started soon, it was decided in the meeting. Ranjith Basha, Krishna district Collector, P Ja
National Logistics Policy will introduce ULIP, standardization, monitoring framework and skill development for greater efficiency in logistics services, says Thakur
Over 90 airports in the country will be carbon-neutral by 2024, while the number of airports will rise to 220 in the next five years, Aviation Minister Jyotiraditya Scindia said on Tuesday. Currently, the country has 141 airports, of which Kochi and Delhi airports are carbon-neutral, the minister said. "One of the first things that I did when I took over as the aviation minister was to put a carbon mapping profile of our airports. Two of our airports, Delhi and Kochi, are already carbon-neutral and India will have 92-93 carbon-neutral airports by 2024," Scindia said at the All India Management Association national convention. "Civil aviation is a highly visible sector, it's a very high-profile sector which attracts a lot of attention, but if you look at its contribution to green house gases and carbon emissions...its very small... two per cent of carbon emissions of the world," he said. The ministry aims to achieve net zero emissions by 2030. "Indian airports will not just achieve
Airports Authority of India on Friday said it is carrying out a major upgradation work at its Tuticorin airport in Tamil Nadu at an investment of Rs 381-crore to cater to rising passenger traffic. The upgradation work includes widening and extension of the runway to enable operations of A-321 type of aircraft, construction of a new apron, new terminal building, ATC tower-cum-technical block-cum-control tower, among others, AAI said in a statement. Spread over 13,500 sq mt of space, the new terminal building will be able to handle 600 passengers during peak hours and will have all the modern facilities and passenger amenities with provision for two aerobridges along with car parking facilities and a new approach road, it added. The upgraded facility will also have a fire station, isolation bay and five aircraft parking bays to park A-321 type of aircraft, AAI said.
Civil Aviation Minister Jyotiraditya Scindia on Saturday said a through probe into Jharkhand's Deoghar airport row, in which nine people including BJP MPs Nishikant Dubey and Manoj Tiwari have been booked, will reveal the truth. The FIR was registered against the two BJP MPs and seven other people for allegedly forcing Air Traffic Control (ATC) officials to provide clearance for their chartered flight to take off from the Deoghar airport beyond the scheduled time on August 31. The two BJP leaders were booked while they were returning to Delhi after meeting the family members of a woman in Jharkhand's Dumka who was set ablaze by a man after she rejected his proposal. The woman succumbed to burns later. "The truth will come to the fore after a thorough probe. It will be shared with you all," he told reporters here in reply to a question on the matter. Later, the Delhi Police registered a 'zero FIR' against the deputy commissioner of Deoghar and some police officials on the charge of
Even if things improve, it would be hard to keep funding the airline's operations, as the airline has been bleeding money for a while.
Their functions will include segregating passengers at departure/arrival gates, checking documents in security hold areas
However, rating agency says strengths partially offset by risks associated with delay in tariff orders and air traffic
Passengers will have to download the DigiYatra app, create a profile, and register at an airport when using the system for the first time
The Rajasthan Small Industries Corporation (RSIC) is planning to set up an air cargo complex at the Dabok airport in Udaipur to facilitate import and export of goods in the next few months
Contactless and paperless process through DigiYatra aims to reduce waiting time
The Airports Authority of India celebrated 76th Independence Day with patriotic fervour and zeal and expressed its commitment to the growth of airport infrastructure in the country
Inauguration of the newly constructed Donyi Polo Airport at Hollongi near Itanagar in Arunachal Pradesh has been postponed till October due to non-receipt of flight schedule from DGCA