DIAL to lease land to clear debt

The Delhi International Airport Ltd (DIAL) consortium hopes to become debt-free after leasing out land at the airport to private parties for real estate development. "We have a debt of Rs 5,000......

Pvt airports attract soaring corporate interest

The downturn in the aviation industry has not discouraged real estate companies, flying academies and large industrial houses from India eyeing private airport development. Real estate and......

'Swiss challenge' ruled out in airport PPP project

Private airport developers under the public-private partnership model will not be able to get additional contracts in and around the airport that are part of the original project by merely matching......

Civil aviation ministry gets 3 airport proposals

The civil aviation ministry is considering three proposals to set up privately-owned, or merchant, airports in Gwalior (Madhya Pradesh), Durgapur (West Bengal) and Jhhajjar (Haryana). The proposal......