Page 10 - Mumbai Airport

Delhi HC stops AAI from collecting 38.7% of Mumbai airport's revenue

Verdict a respite for MIAL, which invoked force majeure due to Covid disruptions

Maharashtra makes Covid-19 test must for passengers coming from 4 states

Mumbai airport has a facility to test 3,000 to 5,000 persons daily

Hit by Covid slump, Mumbai airport seeks moratorium till March 2022

Besides seeking a reduction in interest rate for all facilities (loans), the entity wants an additional term loan for the period ending March 2021

Mumbai airport handles over 1.8 mn flyers via 24,036 flights in Jun-Sept

During the same period, the airport registered over 16,886 ATMs in domestic operations with over 15,55,700 passengers flying to 53 destinations across the country through 10 domestic airlines

Mumbai airport partners with ACI to provide info on safety measures

Mumbai airport on Wednesday said it has partnered with the Airports Council International (ACI) to keep the passengers updated on the latest health and safety procedures followed at various aerodromes

Mumbai airport starts Covid express test facility for departing passengers

The city airport on Saturday said it has extended the availability of its express coronavirus infection test facility also to departing passengers and non-passengers

SITA plans to augment manpower as it sees more opportunities in India

Currently, the centre employs around 400-500 workforce, excluding the ones working with its various offshore partners here

Govt to club unviable airports with main ones in next privatisation round

Facing criticism that privatising profit-making airports is saddling the AAI with economically unviable airports and fostering monopoly in the sector, the Centre is planning to rewrite policy

Adani's acquisition of Mumbai Airport from GVK gets CCI green signal

The Competition Commission has approved Adani Group's proposed acquisition of controlling stake in Mumbai airport from GVK Airport Developers under the green channel route

Covid-19 impact: AAI likely to slip into red for first time in FY21

However, Miniratna firm won't cut planned capex of Rs 5,000 cr for FY21

Mumbai airport delays salary and vendor dues, says no access to funds

MIAL cites court's status quo order on escrow account for situation

Mumbai airport rolls out contactless check-in system for passengers

Mumbai airport has put in place a QR code-enabled contactless check-in mechanism for passengers, which allows them the use of their mobile phones to remotely operate check-in and self-bag drop kiosks

Six out of top 10 infrastructure companies struggling to stay afloat

These companies have lost 70 per cent of their market capitalisation in the past six years and four of them are down 90 per cent or more during the period

ED probe 'finds diversion' of Rs 310 cr from MIAL through shell companies

A portion of this was routed back to the promoters of the GVK Group in the joint venture company through multiple complex transactions, according to the federal agency

Adani to integrate smaller airports with Mumbai, play hub-and-spoke game

Gautam Adani says the company will bid for upcoming second airports built across cities

Terminal decline: How GVK group's infra bets cost it Mumbai airport biz

While the group hadn't built on its airport assets, its entry into coal, power and roads was the proverbial last straw that saw its lose its crown jewel in Mumbai

Adani Group acquires 74 per cent stake in Mumbai International Airport

The deal has been finalised even though a consortium of foreign investors which had earlier signed a binding agreement with GVK group for buying the asset has legally challenged it

A tale of jittery bankers, a stalled deal and GVK's Adani embrace

August-end loan deadline brought GVK to negotiating table

PSP, ADIA and NIIF breached airport agreement, says GVK group

The move led arbitral tribunal to vacate the order of injunction that had restrained Bidvest and ACSA from selling their shares to any third party, firm says in response to legal notice

Best of BS Opinion: Journey of economic reforms, ease of doing biz & more

Here's a selection of Business Standard opinion pieces for the day