Page 10 - Airports

CRISIL lowers outlook on Adani Airport Holdings from 'stable' to 'negative'

The outlook revision indicates that the standalone credit profile of AAHL may weaken

MEAP to account for 58% of global air passenger demand by 2040: Survey

The Middle East and Asia-Pacific (MEAP) regions have transformed into a major international hub and are expected to account for 58 per cent of the global air passenger demand by 2040, organisers of an Airport Show here cited recent surveys as showing. According to a statement released on Monday, the airport industry's growth story is set to continue as new airports are coming up and existing facilities are getting expanded and upgraded to meet future passenger demands. With over 110 airports, this is already among the fastest growing in the world, accounting for 170 million of the global traffic, it said. The 22nd edition of the Airport Show in Dubai from May 9 to 11 will connect over 200-plus aviation brands and 100-plus buyers from over 30 airports and aviation authorities from 20 countries. Also taking place on the sidelines of the Airport Show is the Global Airport Leaders Forum (GALF). CAPA -- Centre for Aviation -- figures reveal 425 major construction projects at existing ..

CIAL airport resumes operations after 2 hrs lag due to helicopter crash

One person was injured when a Coast Guard helicopter crashed on Sunday just after takeoff from its enclave at the Cochin International Airport Limited (CIAL) here. Sources said the chopper, which was on a training flight, crashed as it began taking off from the helipad at 12.55 pm. As per preliminary reports, one person has a minor injury in his hand, sources told PTI. Meanwhile, CIAL said airport operations were suspended for two hours after the Advanced Light Helicopter of the Coast Guard met with the accident. "The ALH was removed from the operational area around 2 PM and the runway has been cleared substantially after safety inspections, and flight operations have been resumed," CIAL said in a statement. The Coast Guard Enclave is inside the CIAL complex. The reason for the accident is yet to be ascertained.

Aircraft bird hit incidents jump by 52% in 2022, shows DGCA data

Not only bird hits, but animal strike incidents at airports also rose from 23 in 2021 to 36 in 2022, as per data reviewed by Business Standard from the DGCA

CAPA summit 2023: Air India pushes for data exchange in aviation sector

In the last 14 months, the airline has taken various measures to bring grounded aircraft back to service, refurbish aircraft interiors, and improve on-time performance

Adani Airports following investments as per plans submitted to govt: CEO

Adani Airports on Wednesday said there is no rethink on the pace of expansion and it was following the investments as per plans submitted to the government, amid the parent group facing certain challenges in recent times. The comments from company's CEO Arun Bansal come against the backdrop of Adani Group facing challenges in the wake of a report by US-based short-seller Hindenburg Research. In January, the short-seller had accused the conglomerate of using offshore shell companies to inflate its listed companies' stock prices as well as of accounting fraud. It had also flagged concerns about Adani Group's Rs 2.3 lakh crore debt in the report. Adani Group has denied the allegations. Adani Airports is a part of the group's flagship Adani Enterprises Ltd. To a query on whether there is any rethinking in terms of pace of expansion or investments for airports business in the context of the challenges faced by the group, Bansal replied in the negative. "No. We have committed, submitte

Adani Airports to bid for more airports to become leading operator: CEO

In the last round of airport privatisation by the government, Adani Airports won bids to operate six airports

India will have more than 140 mn air passengers in FY 2024: Scindia

The minister said that India is the third largest domestic market in the world in terms of seat capacity, but in terms of international seat capacity we are still ranked at the 18th position

Smuggled gold seized at airports doubled in FY23, FinMin tells Lok Sabha

Mumbai witnessed 50 per cent growth in gold seized in FY23 compared to the pre-pandemic year of FY20

11 flights to Delhi airport diverted to Jaipur, Lucknow due to bad weather

At least 10 flights were diverted at the Delhi airport on Monday due to bad weather, according to an official. The flights were diverted to Jaipur and Lucknow. The official at the airport said that on account of bad weather, eight flights were diverted to Jaipur and three to Lucknow between 5 pm and 5.30 pm.

Singapore's Changi snatches back 'World's Best Airport' crown from Qatar

The Asian hub edged Doha's Hamad International Airport into second place, with Tokyo's Haneda Airport bagging third, in the Skytrax World Airport Awards 2023

Boeing, GMR Aero Technic to set up India's first freighter conversion line

Deal seen as a major boost to fledgling MRO sector in India; GMR's Hyderabad unit to become fourth Boeing-approved facility globally after China, Costa Rica and UK

7 Adani airports saw an increase of 133% in international travellers

Air traffic jumped by around 100 per cent compared to the previous year, taking the number to pre-pandemic levels with more than 14.25 million passengers using these airports over last year

Sanction Maharashtra two more airports: Aditya Thackeray urges Scindia

He said that the development of these airports would boost progress and enhance passenger connectivity, industry, agriculture and tourism in these regions

GMR Group to invest Rs 5,000 cr on Bhogapuram Airport in Andhra: GM Rao

The GMR Group which is in the process of developing an international airport at Bhogapuram near here will be investing Rs 5,000 crore on the aerodrome in the first phase. Speaking at the inaugural session of the Global Investors Summit 2023 being held here, GM Rao, chairman of GMR Group said the first phase of the airport will be developed to serve six million passengers per annum. "We will be developing Bhogapuram Airport with the first phase serving six million passengers and an ultimate capacity of 40 million passenger (per annum). The first phase investment will be to the tune of Rs 5,000 crore," Rao said. The airport will have state-of-the-art cargo facilities that will cater to exports and aerotropolis and airport city around the airport that will consist of an industrial zone, airspace zone and education and healthcare zones, he said. Rao further said the airport would replicate the success of Hyderabad aerodrome which will help in the transformation of Visakhapatnam city

PM Modi inaugurates Shivamogga airport with a lotus-shaped terminal

Prime Minister Narendra Modi on Monday inaugurated the Shivamogga airport with a lotus-shaped terminal. The event coincided with the 80th birthday of Karnataka BJP strongman and former Chief Minister B S Yediyurappa. Shivamogga is the home district of Yediyurappa, a four-time Chief Minister. The new airport has been developed at a cost of around Rs 450 crore. The passenger terminal building of the airport can handle 300 passengers per hour. The airport is expected to improve connectivity and accessibility from Shivamogga and other neighbouring areas in the Malnad region of Karnataka, officials said This is Modi's fifth visit this year to poll-bound Karnataka, where Assembly elections are due by May.

PM Modi to inaugurate Shivamogga airport, launch projects in Belagavi

Prime Minister Narendra Modi will inaugurate the Shivamogga airport with a lotus-shaped terminal and lay the foundation for various development projects in Belagavi. The inauguration of the Shivamogga airport coincides with the BJP strongman and former chief minister B S Yediyurappa's 80th birthday in his hometown. The two cities of Karnataka have decked up to receive the Prime Minister with festoons, party flags, banners and posters. A thick security blanket has been thrown in Belagavi where the Prime Minister is scheduled to hold a roadshow. According to an official statement, the Prime Minister will arrive at the Shivamogga airport at about 11 am. He will also undertake a walk-through and inspect the Shivamogga Airport. He will inaugurate and lay the foundation stone of multiple projects at Shivamogga. The new airport has been developed at a cost of around Rs 450 crore. The passenger terminal building of the airport can handle 300 passengers per hour. The airport is expected

PM to inaugurate Shivamogga airport, other projects in Karnataka on Feb 27

Prime Minister Narendra Modi will embark on his fifth visit to poll-bound Karnataka this year on Monday to inaugurate Shivamogga airport and lay foundation for various development projects in Belagavi. According to an official statement, the Prime Minister will undertake a walkthrough and inspect the airport in Shivamogga. Inauguration and laying of the foundation stone of multiple projects in the district is also part of the programme. The new airport has been developed at a cost of around Rs 450 crore. The lotus shaped Passenger Terminal Building of the airport can handle 300 passengers per hour. The airport is expected to improve connectivity and accessibility of Shivamogga and other neighbouring areas in the Malnad region. Foundation stone for two railway projects, ShikaripuraRanebennur new Railway line and Koteganguru Railway coaching depot, will also be laid during the visit. The ShivamoggaShikaripuraRanebennur new Railway line will be developed at a cost of Rs. 990 crore an

Inbound travellers from G20 countries can now use UPI, says RBI

Even delegates from G20 countries would be able to avail this facility at various meeting venues

Hong Kong registers air passenger traffic at 2.1 mn in Jan, up 28 times

The Airport Authority Hong Kong (AAHK) announced that in January, passenger traffic at Hong Kong International Airport (HKIA) registered around 2.1 million, marking a year-on-year surge of 28 times