ATC operations provide over 60 per cent of AAI revenue. The move is to ensure focus on revamp of ATC, particularly the key area of staff hiring, where there is a big shortage.
The move comes when Kingfisher remains the only listed airline in India to have made losses in the third quarter of the current financial year.
Air India to shift, unused capacity in existing bilaterals may be mobilised.
The first Indian civil aviation minister to fly for a commercial airline -- Rajiv Gandhi has been the only prime minister to do so -- Rudy started his job with IndiGo from January 4.
Former Civil Aviation Minister and Bharatiya Janata Party (BJP) national spokesman Rajiv Pratap Rudy has been hired as a co-pilot with Delhi-based private airline IndiGo Airlines on an honorary basis.
"This is the best time that Indian aviation is seeing and the next six months will be critical. The airlines should monetise this growth without getting into unnecessary capacity addition," said Nikhil Vora, managing director, IDFC-SSKI, a financial services group.
Experts agree Bharat Nirman, which has completed four years, has indeed brought about significant improvements in the country's rural infrastructure.
The runways are expected to be made operational for the larger aircraft before the Commonwealth Games in October.
The airport and user development fees will be kept out of it.
The loan will be at an interest rate of 7.5 per cent and for a period of three years. "We have negotiated with SBI for Rs 600 crore (Rs 6 billion) and Rs 300 crore (Rs 3 billion) will come immediately and the rest will come by March-end," said a senior AAI official.
The passenger numbers in the third quarter were up by over 25 per cent compared to the same quarter last year.
The national carrier to get lion's share of the Rs 1,978 crore budgetary support demanded by the ministry for 2010-11.
The ministry of finance has assured the Planning Commission of at least 15 percent increase in gross budgetary support for 2010-11, over the 2009-10 budget estimates.
Chinese auto component manufacturers are quietly making inroads into India.
Road ministry mulls a fee of Rs 15 for such a cover.
The trend of airlines shifting capacities to the low-cost model, as witnessed in the current year, is likely to continue in the next year. Around 80 per cent of the capacity converted or added in the latter part of 2009 had been in the low-cost segment, and a majority came from conversions of full fledged services.
The terminal, built at a cost of Rs 8,996 crore, has four boarding piers with 48 boarding gates and 78 aerobridges.
There are 600 employees of the Airports Authority of India (AAI) in Mumbai who draw their pay with no work to do.
As the global economic scenario is improving, Ajay Chhibber, regional director (Asia and the Pacific) for the United Nations Development Programme, believes employment will be the major indicator to gauge the firmness of the economic recovery.
Rights of toll collection in 96 toll plazas on highways under the National Highways Authority of India will be offered to the private sector.
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