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Mallya convicted in cheque-bouncing case

 A local court on Wednesday convicted industrialist Vijay Mallya in a cheque-bouncing case filed against him by GMR Hyderabad International Airport Ltd. The court, however, did not pronounce the......

Airports on high alert

 The Mumbai airport is taking a slew of measures, including setting up an advanced perimeter intrusion detection system across an area of 16 km on the air-side. The system is equipped with......

Akasa, Jet 2.0: Tough Path Ahead

 'I hope they all survive, but it is a tough world.''The carriers who are already established are already struggling.' Photograph: Kind courtesy Akasa Air/Facebook New entrants such as Akasa Air......

GMR to divest stake in Philippines' Cebu airport

 GMR Group on Friday said it will divest its entire 40 per cent stake in Cebu international airport in Philippines for an upfront payment of Rs 1,330 crore as well as earnouts to be received over a......

Airport PPPs on a crowded runway; private sector bids could be subdued

 Last August, the government had announced its intent to sell stakes in four privately-run airports (Delhi, Mumbai, Hyderabad and Bengaluru) and lease 25 other airports owned by AAI under National......

How airports are going all out to please passengers

 These would include passenger engagement initiatives, consumer offers, and curated menus at food and beverage outlets. Private airports are seeing a gradual improvement in retail sales and lining......

French co to buy 49% stake in GMR airport

 Out of the total amount, Rs 9,780 crore would be towards secondary sale of shares by GMR group and Rs 1,000 crore would be equity infusion in GAL. GMR Infrastructure on Thursday announced that......

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