The government which is proceeding with privatising six airports including those at Kolkata and Chennai, intends to give away 14 more to private parties for operation and development during the 12th Plan period, Rajya Sabha was told on Tuesday.
Court documents show that the Kerala government, whose case was treated as the 'lead case' among all the petitions filed against Adani, made four allegations to convince the court to cancel the contract for the Thiruvanathapuram airport. The state's legal team couldn't substantiate most of these allegations with documentary proof and its self-defeating arguments in court failed to convince the judges to cancel the contract given to Adani. The battle for the Thiruvananthapuram airport between the Communist-led Kerala government, the Adani group and the Modi government over the past year hasn't had a dull moment since the proceedings began. Claims of a smoking gun turned out to be a damp squib, says Sai Manish.
As the manager of a chunk of the country's airports, state-owned AAI is seeking an expansion in the norms to use its land on the city side of any airport for services that are not aviation-related. As of now, the AAI Act allows an airport operator to use land only for aviation-related services.
Tata Sons will increase its stake in budget carrier AirAsia India (AAI) to 83.67 per cent by acquiring an additional 32.67 per cent for $37.66 million from AirAsia Investment Ltd (AAIL), according to a regulatory filing. Currently, AAIL, which is a wholly-owned subsidiary of Malaysia-based AirAsia, holds 49 per cent stake in the Bengaluru-based AirAsia India. In a regulatory filing to stock exchange Bursa Malaysia, AirAsia said, "The board of directors of AirAsia wishes to announce that its wholly-owned subsidiary AAIL and Tata Sons Pvt Ltd, India, on December 29, entered into a share purchase agreement."
Move is aimed at bringing private operators to run airports.
Mimi will be directed by Kriti's Luka Chuppi director, Laxman Utekar.
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.
Various airlines, including the defunct Kingfisher, owed Rs 3,030 crore (Rs 30.30 billion) to the Airports Authority of India (AAI) at the end of December last year.
Neeraj Chauhan was driven into penury as the novel coronavirus had begun to spread its ugly tentacles
A ministry spokesperson said he wasn't aware of the development.
Spicejet has sought extention from the Airports Authority of India over payment schedule.
Minister of state for aviation Mahesh Sharma said that his ministry has requested the airlines to maintain price cap in this time of crisis.
Govt plans to open restricted airspace that will cut travelling time and fuel consumption.
Clueless about their future in the wake of Archery Association of India's (AAI) derecognition, the young marksmen hope to make an appeal through their players' association with the season scheduled to commence in a couple of months time.
Modernisation and expansion of the Kolkata and Chennai airports are being carried.
Kerala Home minister Ramesh Chennithala said an inquiry has been ordered.
'Digital Flight Data Recorder (DFDR) and Cockpit Voice Recorder (CVR) of the ill-fated aircraft have been retrieved. AAIB (Aircraft Accident Investigation Bureau) is conducting investigations,' Civil Aviation Minister Hardeep Singh Puri tweeted, as fresh questions were raised on the safety parameters of the runway.
The UPA Government is trying to push through the second wave of airport privatisation before the elections and the controversial elements of this process threaten to harm the sector.
Domestic airports across the country are bursting at the seams. And new ones are stuck.
Contact could not be established with the Indian Air Force flight IFC 31 after it left Male ATC for Mauritius airspace on Saturday, the Airports Authority of India said in a statement.
Country's archers have proved their mettle at the international level but they tend to choke at the biggest stage.
The government is looking at a new timeline for Air India disinvestment and financial bids will be invited in the coming days, Union minister Hardeep Singh Puri said on Friday. Noting that there is no choice but to either "privatise or close" Air India, he said the government will have to keep the airline running till it gets divested. "We are looking at another timeline now, what is called data room for prospective bidders to look at... that is opened up, 64 days for the financial bids to come in. "After that it is the question of taking a decision and handing over the airline," the Minister of State for Civil Aviation said.
The government is considering setting up air freight stations to enable direct movement of vaccines from pharmaceutical factories to the aircraft.
'Why did he do this?'
'He had achieved everything.'
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.
Delhi International Airport, a subsidiary of GMR Infrastructure, will absorb all general employees of Airports Authority of India, working at Indira Gandhi International Airport, New Delhi. There are over 2,300 general employees of AAI.
The proposal was mooted at a Prime Minister's Office meeting.
The government has made clear that the Airports Authority of India will closely monitor the cost of airports built through the PPP route.
AAI would like the company to operate as a subsidiary in order to make sure that the revenue does not go out of its kitty.
Here are Sukanya Verma's favourite female performances of 2021.
Bengaluru and Delhi airports had the fastest growth in passenger traffic in 2016 among global peers.
The move will help increase participation of retail investors, providing momentum to the primary market.
Mumbai International Airport Ltd (MIAL), the private airport operator, had earlier announced that all operations at the CSMIA will remain suspended between 2.30 pm and 7 pm as a precautionary measure in view of the cyclone Nisarga.
From a dismal Airport Service Quality ranking of 101 in 2006, it topped the list in 2016.
The civil aviation sector is witnessing a number of initiatives
Rajasthan's royal architecture and striking landscapes are a hot favourite among tourists and film-makers. Its majestic beauty and history has coloured many a movies and their visuals to unforgettable effect.
Terming the election a start of a new era in Indian archery, Dielen said: 'We are pleased to see this progress and hope that this is really the start of a new era for Indian Archery.'
Crisis-hit SpiceJet may get the first round of its much-needed fund infusion in the next two days, while more may come in a month's time as part of an estimated $200 million investment plan, sources said on Thursday.
The new ATC tower, being built at the Indira Gandhi International Airport in New Delhi by the Airports Authority of India, will be about 90-95 mt in height, taller than even the famous Qutub Minar.
