Page 12 - Airports

Adani group's cash generation ability underappreciated, says M&G

Billionaire Gautam Adani's group has attracted a lot of scrutiny over its debt-heavy balance sheet and not enough appreciation of its cash-flow generation ability, according to M&G Investments

Air India posts best monthly on-time performance among carriers after years

When it was a run by the government, the airline was usually at the bottom of DGCA's list for on-time performance

Jaipur International Airport receives Aerodrome licence from DGCA

Jaipur International Airport Limited has received the Aerodrome licence from the Directorate General of Civil Aviation (DGCA) following which the airport has embarked on an expansion drive, a company official said. Earlier, the Airport Authority of India (AAI) was the licence holder. Now the private player, which is operating the Jaipur airport since October 2021, has become the new licence holder. The licence is given to an airport operator for ensuring complete management of the airport in accordance with the concession agreement. "We have received the Aerodrome license for Jaipur International Airport Limited (JIAL). Now the complete management of the airport lies with us in accordance with the concession agreement. Major customer-centric changes have been made at the airport and now we are looking for expansion," said a senior official of JIAL. "The airport management has conducted an extensive survey at Jaipur airport which revealed that present passenger traffic of 50 lakh pe

AAI to encourage induction of electric vehicles at airports, develop infra

India is among a handful of countries that support the global EV30@30 campaign, which targets to have at least 30 per cent new vehicle sales be electric by 2030

Jewar airport project six months ahead of schedule, says NIAL CEO

Even as the first phase is underway, the authorities have already started the initial groundwork of land acquisition for the second phase.

Yes, PE ownership of airports works and there is research to show it

It turns out that PE funds, while doing some nasty things like raising charges and sacking people, do manage to improve the efficiency of the airport and the services it offers

IndiGo flight to Arunachal soon as Donyi Polo Airport gets operation ready

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

Gwalior Airport to get a new terminal building with world-class facilities

Union Home Minister Amit Shah on Sunday laid the foundation stone for the development of a new terminal of Gwalior Airport

172 workers at 56 airports found drunk on duty between Jan-July: DGCA

However, Bengaluru airport's operator BIAL gave a different set of data to Business Standard

Dabolim airport to shut if app-based transport not supported: Goa Minister

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

Covid-19: Canada won't require masks on planes, drops vaccine mandate

The Canadian government announced Monday it will no longer require people to wear masks on planes to guard against COVID-19.. Transport Canada said the existing rules for masks will come off Oct. 1 We are able to do this because tens of millions of Canadians rolled up their sleeves and got vaccinated, Transport Minister Omar Alghabra said. Government officials also confirmed Canada is dropping the vaccine requirement for people entering the country at the end of the month. Canada, like the United States, requires foreign nationals to be vaccinated when entering the country. No change in the mandate is expected in the U.S. in the near term. Unvaccinated foreign travellers who are allowed to enter Canada are currently subject to mandatory arrival tests and a 14-day quarantine. Prime Minister Justin Trudeau's government has agreed to let a cabinet order enforcing mandatory COVID-19 vaccination requirements at the border expire Sept. 30. The Associated Press reported last week Trudea

Centre stalling three new airports in West Bengal, alleges Mamata

She, at the same time, said that she will not wait for the mercy of the Union government any more. "We will complete our pending projects from the development funds allotted to MPs and MLAs," she said

AI Express B737 engine catches fire at Muscat airport, all 141 evacuated

Plane was taxiing towards runway when crew of another aircraft noticed fumes, alerted pilots

Bengaluru rains: How bad infra took Indian Silicon Valley under the weather

The flood on August 30, which brought parts of Bengaluru to its knees, led to a loss of about Rs 225 crore in a single day

GMR Infra to raise Rs 6,000 crore for cities around three airports

Group power company to raise Rs 3,000 cr separately

Qatar interested to 'take over' Pakistan's airports, says FinMin Ismail

Pakistan Finance Minister Miftah Ismail has said that Qatar is "interested in leasing Pakistan's airports"

Dreamfolks' IPO to open on Aug 24; price band fixed at Rs 308-326 per share

Airport Service aggregator platform Dreamfolks Services Ltd on Monday said it has fixed a price band of Rs 308-Rs 326 for its initial public offering which will open for public subscription on Wednesday. The initial share sale will open for public subscription on August 24 and conclude on August 26. The bidding for anchor investors would open on August 23, the company announced. The Initial Public Offering (IPO) is entirely an Offer-For-Sale (OFS) of up to 1.72 crore equity shares by promoters -- Liberatha Peter Kallat, Dinesh Nagpal and Mukesh Yadav. The public issue will constitute 33 per cent of the post offer paid-up equity share capital of the company. The company will allocate up to 60 per cent of the QIB (Qualified Institutional Buyer) portion to the anchor investors on a discretionary basis. Investors can bid for a minimum of 46 equity shares and in multiples of 46 thereafter. DreamFolks facilitates an enhanced airport experience for passengers, leveraging its ...

DGCA issues guidelines to prevent hits by bird, other animals at airports

It said that all airport operators are requested to review their wildlife hazard management programme to identify the gaps and ensure its strict implementation in and in the vicinity of an aerodrome.

Refund not vouchers: US proposes to improve policies for air passengers

The Transportation Department is proposing to require airlines to offer passengers a refund if their flight schedule is changed significantly or the airline makes major changes to their itinerary

No extra fee to be charged to issue boarding pass at check-in counters

With the onset of pandemic, the government had made it mandatory for passengers to do web check-in