In the upcoming round of privatisation, unviable airports are likely to be clubbed with six main airports and a prospective bidder may be restricted to bid for two airports.
The international cargo operations of two major carriers - IndiGo and Air India Group (Air India and Vistara) - are experiencing opposite trajectories despite both the airlines significantly expanding their international flight offerings over the past year. During the fourth quarter of 2023-24, IndiGo's international non-passenger cargo business declined to 6,848 tonnes. This is an 18.2 per cent year-on-year (Y-o-Y) decrease, according to data from the Directorate General of Civil Aviation (DGCA)
"Why am I being stopped? I am not going to Lakhimpur where prohibitory orders are in place. I am only going to the Uttar Pradesh Congress office," he told police.
The country's largest airline IndiGo and Air India have asked passengers to reach Delhi airport at least 3.5 hours prior to domestic departures.
Police in Maharashtra's Nagpur have identified a 35-year-old man from Gondia in the state as the person behind a spate of hoax bomb threats that triggered panic, caused flight delays and led to increased security at airports and other establishments, an official said.
Civil Aviation Minister Hardeep Singh Puri Monday said the Airports Authority of India (AAI) will continue to receive revenue share after the government sells its stake in the airports in Delhi and Mumbai. "Those who are raising concerns should also know that the Delhi's airport and the Mumbai airport are on a 60 yr lease. "These & the 6 other airports will be back with AAI after the lease period. So, nothing as they claim, is being 'sold out!" he said on Twitter. Congress leader Rahul Gandhi on Monday attacked the government over reports that it plans to sell its residual stake in the already privatised Delhi, Mumbai, Bengaluru and Hyderabad airports, alleging that such privatisation hurts the public and benefits only a handful of cronies.
The committee also cleared the Rs 5,000-crore (Rs 50-billion) modernisation plan for the New Delhi Railway Station.
The Indian Air Force has pressed into service three aircraft to evacuate hundreds of passengers stranded at the Chennai airport where operations were suspended due to heavy rains and water logging on the runway.
Adani group is in talks to acquire a 50.5 per cent stake held by GVK Group in Mumbai International Airport (MIAL) and another 23.5 per cent of minority partners, Airports Company South Africa (ACSA), and Bidvest Group, two sources with knowledge of the matter said.
Delhi airport has been losing money for the past six years because of the heavy interest burden on loans.
Cleaning operations were on full swing at airports across the country on Friday after the nationwide agitation by airport employees was called off on Thursday.Flight operations were normal at the four metropolitan airports of Delhi, Mumbai, Kolkata and Chennai, Airport Authority of India sources said.Heaps of garbage that had collected during the two-day strike and dirty toilets were being cleaned up on a top priority basis to restore passenger amenities.
The country needs a whopping Rs 36,000 crore (Rs 360 billion) investment for developing airports, two-third of which is expected to come from private players, a senior civil aviation ministry official said on Wednesday.
When I asked Krishna Gopal Sengupta, who had travelled through Bangladesh from Chittagong to Petrapole if the interim government had made any impact at ground level, he said, "it's been only a couple of days. They will need some time." Shyam G Menon reports from Petrapole, India's entry point with Bangladesh.
Modernisation and expansion of the Kolkata and Chennai airports are being carried.
Airports hold pride of place in the government's National Monetisation Pipeline (NMP) programme to monetise public assets. Private airport operators, including the Adani group, Fairfax, GMR and Zurich Airport, are expected to evince interest in the next round of public private partnership (PPP) development of state-owned Airport Authority of India (AAI) airports. Industry analysts, however, do not expect bids to be as high as the last round, which saw Adani group gain control of six airports.
Phase-II yet to begin, will take three years to conclude.
Mumbai airport is the largest gateway for movement of pharma and agro products in the country.
Wing Commander Raveendran and flight steward Sargeant Iyer, though shaken and injured, managed to open the rear door of the aircraft and shouted for Prime Minister Morarji Desai and the passengers in the forward cabin to exit in haste since they suspected that fire would engulf the aircraft.
'Delhi's streets were not alleys but an artist's canvas,' the eminent poet Mir Taqi Mir noted more than 150 years ago. Syed Firdaus Ashraf savours the sights and cuisine of the national capital.
The airports run by leading private operators GMR and GVK, especially those in Delhi and Mumbai, are turning out to be cash cows for the government.
The government on Thursday cleared the proposed Bill for setting up the Airport Economic Regulatory Authority.
On Sunday, protestors carrying Khalistani flags clashed with people at the Hindu temple and disrupted a consular event co-organised by the temple authorities and the Indian Consulate.
MIAL's move comes at a time when the national carrier is in the process of joining Star Alliance.
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The Central Bureau of Investigation has booked Venkata Krishna Reddy Gunupati, chairman of the GVK group of companies, and his son G V Sanjay Reddy, managing director of Mumbai International Airport Ltd, among others for alleged irregularities to the tune of Rs 705 crore in running of the airport, officials said.
Construction activities for modernising and expanding the Kolkata and Chennai airports by the Airports Authority of India will begin by the end of next month, Civil Aviation Minister Praful Patel said on Thursday. Replying a question on the government's recent decision to allow charging of user development fees by the private operator of the new Hyderabad airport, Patel said "We are considering the same for the new airport at Bangalore."
President Pranab Mukherjee hails it as an achievement of efficient public sector
The Railways Minister arrived in New Delhi on Thursday morning for a meeting with Chief Minister Shivraj Singh Chouhan and other members of Parliament to discuss ways for expansion of railway facilities in MP.
In a series of tweets, Civil Aviation Minister Suresh Prabhu said Friday that all airlines must immediately respond to the concerns of passengers affected by Cyclone Fani.
He said that the Sri Lankan authorities have arrested more of their associates but it won't be right to reveal any more details on them as the investigation is going on.
The lawyer had sought a ban from the high court on the International Society for Krishna Consciousness (ISKCON) after placing some newspaper reports related to the organisation on Wednesday.
Such a disruption will take the clock back by many years - in terms of passengers handled - for these airports, thus raising questions among some of the airport operators over a delay in expansion plans.
Indian carriers, which are still reeling under high jet fuel prices, are now seeing red over airports increasing the space rental fees by 50 to 450 per cent. Airport charges account for 12-15 per cent of an airline's costs.
A memorandum of understanding was signed by the AAI and the Jharkhand government for establishing airports in both the cities in the presence of AAI Chairman and Jharkhand Chief Minister Arjun Munda.
While recalling the order, the bench agreed to the contention of the law officer that there was a "breach of principle of natural justice" as the government department was not accorded the hearing.
The airport employees have called off their three-and-a-half-day old strike following a meeting with Civil Aviation Minister Praful Patel on Saturday.
An interesting excerpt from Virender Kapoor's latest book Inspiring India: Taking India from Big to Great.
The flight, carrying 216 passengers and 16 crew, landed safely, the Tata Group-owned private carrier said in a statement Tuesday evening.
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