GMR Airports Ltd on Thursday said its subsidiary GMR Hyderabad International Airport Ltd has completed the acquisition of 70 per cent stake in its associate company -- ESR GMR Logistics Park Pvt Ltd. GMR Hyderabad Aerotropolis Ltd (GHAL), a wholly-owned subsidiary of GMR Hyderabad International Airport, already holds a 30 per cent stake in ESR GMR Logistics Park Pvt Ltd (EGLPPL). EGLPPL, an associate company of GMR Hyderabad International Airport, is into development of warehousing and logistics parks in Hyderabad. For the transaction, GMR Hyderabad International Airport had entered into a share purchase agreement with other shareholders. "... Upon fulfilment of conditions precedent, the process of transfer of share and exchange of consideration between the GHIAL and ESR Group has been concluded," GMR Airports said in a regulatory filing on Thursday. According to a filing made on May 21, GHIAL was to buy the 70 per cent stake in ESR GMR Logistics Park Pvt Ltd for a little over Rs
Aviation watchdog DGCA on Tuesday said surveillance conducted at major airports revealed several defects in the aviation ecosystem, including multiple cases wherein the defects reappeared on aircraft and centre line marking faded on runway. The surveillance, which comes against the backdrop of the fatal Air India plane crash at Ahmedabad on June 12, covered critical areas such as flight operations, airworthiness, ramp safety, air traffic control, communication, navigation systems, and pre-flight medical evaluations. Without disclosing names of airlines or any other entities in the ecosystem, the Directorate General of Civil Aviation (DGCA) in a statement said the findings have been communicated to those concerned for taking corrective actions within seven days. Two teams led by DGCA Joint Director General carried out comprehensive surveillance during night and early morning hours at major airports, including Delhi and Mumbai. During the surveillance, domestic flight of a scheduled
After Israeli strikes landed near the hotel where he was staying in the Iranian province of Qom, Aimal Hussein desperately wanted to return home. But the 55-year-old Afghan businessman couldn't find a way, with Iranian airspace completely shut down. He fled to Tehran after the strike Sunday, but no taxi would take him to the border as the conflict between Iran and Israel intensified. Flights, markets, everything is closed, and I am living in the basement of a small hotel, Hussein told The Associated Press by cellphone on Monday. I am trying to get to the border by taxi, but they are hard to find, and no one is taking us. Israel launched a major attack Friday with strikes in the Iranian capital of Tehran and elsewhere, killing senior military officials, nuclear scientists, and destroying critical infrastructure. Among the targets was a nuclear enrichment facility about 18 miles from Qom. Iran has retaliated with hundreds of drones and missiles. The dayslong attacks between the two
Airports in six districts, MSP for chana, masoor and mustard, hotel on Patliputra Ashok land, SAP contract renewal, and river replenishment study among key decisions
After Israeli strikes landed near the hotel where he was staying in the Iranian province of Qom, Aimal Hussein desperately wanted to return home. But the 55-year-old Afghan businessman couldn't find a way, with Iranian airspace completely shut down. He fled to Tehran after the strike Sunday, but no taxi would take him to the border as the conflict between Iran and Israel intensified. Flights, markets, everything is closed, and I am living in the basement of a small hotel, Hussein told The Associated Press by cellphone on Monday. "I am trying to get to the border by taxi, but they are hard to find, and no one is taking us. Israel launched a major attack Friday with strikes in the Iranian capital of Tehran and elsewhere, killing senior military officials, nuclear scientists, and destroying critical infrastructure. Among the targets was a nuclear enrichment facility about 18 miles from Qom. Iran has retaliated with hundreds of drones and missiles. The dayslong attacks between the two
For the country's major airports, repair & maintenance expenditures declined year-on-year in proportion to their aeronautical revenues in FY24
Celebi operated at nine airports in India, including gateway facilities in capital New Delhi and the commercial hub of Mumbai. Its operations were halted after Turkey voiced support for Pak
Airline passengers will be fined up to $67 for standing or crowding aisles before their row is called, in light of growing safety concerns and disrespect for fellow travellers
The HC said no final decision shall be taken on tenders to replace Celebi until its pleas against revoked security clearance and contract termination are heard in June
After Celebi's security clearance was revoked, MIAL names Indo Thai as interim ground handler at Mumbai airport and will float a tender to appoint a permanent operator
Besides cancellation of domestic flights between May 7 and May 12, the airlines have also been financially impacted by the closure of Pakistan airspace to Indian carriers' international flights
Airports in major cities, such as Ambala, Amritsar, Bhuj, Bikaner, Chandigarh, Hindon, Jaisalmer, Jammu, Jamnagar, Jodhpur, Leh and Ludhiana, were shut since May 7
Capital expenditure (capex) of small private airports is expected to rise 50-60 per cent annually over the next three years, driven by capacity expansion on account of a substantial increase in terminal utilisation levels, ratings agency Crisil said on Monday. On the other hand, capital expenditure (capex) at large private airports will see a decline during the same period, as much of the capacity expansion has been completed or nearing completion, it added. However, the overall capex of private airports will slightly slow down by 10-15 per cent to around Rs 40,000 crore over the next three years, as per the ratings agency. Crisil said its analysis is based on the capex of 11 operating private airports and two soon-to-be-operational private airports, which together account for more than 95 per cent of India's private airport passenger traffic. For this study, small private airports are classified as those with capacity of less than 20 million passengers per annum and located in ...
Civil aviation authorities have decided to reopen 32 airports that were shut for civil flight operations following last week's armed conflict between India and Pakistan, official sources said on Monday. A formal announcement regarding the resumption of operations at these airports is expected to be announced soon, the sources added. Civil flight operations from 32 airports across northern and western India, including Srinagar and Amritsar, were suspended from May 9 to May 15 due to the military standoff between India and Pakistan. The Airports Authority of India (AAI), along with other aviation authorities, issued a series of Notices to Airmen (NOTAMs), announcing the temporary closure of 32 airports across northern and western India for all civilian flight operations.
Israel bombed key targets in Yemen, including Hodeidah Port and Sanaa Airport, after a missile launched by Houthi rebels struck near Tel Aviv’s Ben Gurion Airport on Sunday.
Navi Mumbai airport, the city's second airport being developed by MIAL's subsidiary, is scheduled to commence operations in June
Telcos say current rules prohibit unlicensed third parties from deploying active or passive telecom infrastructure, urge airports to grant rights to licensed operators
Adani Realty, Godrej Properties, Hiranandani Group, K Raheja Corp, Panchshil Realty among many to ready residential and commercial projects
A federal review of helicopter safety concerns launched after the deadly midair collision in Washington, D.C., has identified a rash of concerns about the potential conflicts between air tour helicopters and planes at the Las Vegas airport. The Federal Aviation Administration said Tuesday that it imposed new restrictions on helicopter flights around Harry Reid International Airport in Las Vegas that have already cut the number of collision alerts planes were receiving by 30 per cent over the last three weeks. The FAA said in the wake of the collision between an American Airlines jet and an Army Black Hawk helicopter in January that it planned to use artificial intelligence to dig into the millions of reports it collects to assess other places with busy helicopter traffic, including Boston, New York, Baltimore-Washington, Detroit, Chicago, Dallas, Houston, Los Angeles and along the Gulf Coast. The FAA's acting administrator, Chris Rocheleau, said Las Vegas quickly became a concern on
In 2023, The New York Times reported that CAMC had inflated the project's cost and undermined Nepal's efforts to maintain quality control