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.
'Today when I see them talking to people from different countries confidently, I realise that education does not come from classrooms alone but from life experiences too.'
Airfares on major domestic routes from Chennai surged as flight operations at the airport were disrupted due to strong winds and torrential rain that lashed the city in the wake of Cyclone Michaung on Monday. According to ixigo data, on December 5, one-way spot airfares from Chennai to cities like Mumbai, New Delhi, Hyderabad, Bengaluru, and Kolkata rose between 52 per cent and 171 per cent compared to prices three to seven days prior. The Chennai-Mumbai route, the busiest flight route from Chennai airport, saw airfares surge 68.6 per cent from Rs 3,728 to Rs 6,286 in the aforementioned period.
Kerala on Friday said a tearful goodbye to most of the 23 victims from the state who died in the Kuwait fire tragedy -- one of the biggest incidents to ever affect the state's expatriate community known for their dedication and hard work.
The airports which will see the new system are Mumbai, Delhi, Bengaluru, Hyderabad, Kolkata, Cochin and Ahmedabad.
Ahmedabad was the first stop in the PM's three city tour today, to personally review the vaccine development and manufacturing process in the country.
The airport, which will now be built to handle 20 million passengers, will likely start operations by mid-2020. However, rating agency CRISIL in its report in May-end had said operations are expected to start in 2023.
Passengers coming from 'at-risk' countries to six major Indian airports have to compulsorily pre-book for the on-arrival RT-PCR test from December 20 onwards, the civil aviation ministry said on Tuesday.
India's T20 World Cup campaign begins on June 5 against Ireland at the newly-constructed Nassau County International Cricket Stadium in New York. India play Pakistan on June 9.
Passengers are not allowed to walk on the Delhi airport's tarmac area as it is a security risk. There is a demarcated path on the tarmac for vehicles only.
The legislators landed at the Birsa Munda Airport in Ranchi in a chartered flight and were taken to the Circuit House in the city in two buses.
The recent blip in housing sales on a quarter-on-quarter (Q-o-Q) basis should not worry investors as the long-term prospects of real estate stocks remain on a strong foundation, according to analysts. In the first half of the calendar year 2024 (H1CY24), realty stocks surged up to 104 per cent. This sharp run should be used to book partial profit in related stocks, suggested Deepak Jasani, head of retail research at HDFC Securities.
Neha Dhupia, Ajay Devgn, Rakul Singh, Kartik Aaryan, Kiara Advani, Esha Gupta are among the film folk Pradeep Bandekar glimpses on Monday.
IndiGo had the best on-time performance (OTP) of 95.4 per cent at four metro airports in February, while Go First secured the number two position with 94.1 per cent in the same month, according to data released by aviation regulator DGCA. Bengaluru, Delhi, Hyderabad, and Mumbai were the four airports where Indigo had the best OTP, the data released on Monday said. In January, the situation was inverse as Go First had logged the best OTP of 94.5 per cent at the four airports while IndiGo was at number two with 93.9 per cent OTP.
While Andhra Pradesh is expected to receive Rs 15,000 crore to Rs 20,000 crore, Bihar is likely to get Rs 5,000 crore to Rs 10,000 crore in FY25.
As the Tata group inches closer to taking over Air India in January 2022, the $242-billion conglomerate will also inherit a stake in Kerala's Cochin airport. The Tatas would become the only airline to have an operational stake in a major Indian airport. The airport is a strategic hub connecting India to Middle East nations - home to the largest share of Indian migrant workers. In addition to Air India and Air India Express, private carrier Indigo also uses Cochin to ferry the lucrative 'Malayali Gulf traffic' to multiple locations like Jeddah, Riyadh, Sharjah, Dubai, Abu Dhabi, Doha, Kuwait and Bahrain, among others. According to regulatory filings, Air India has a three per cent stake in Cochin International Airport.
The lack of multiple entry India visa had delayed Rehan Ahmed's exit from the airport after England arrived in Rajkot for the third Test on Monday.
Airfares have nearly doubled in a matter of days on routes hit by the cancellation of 200 weekly flights linking Mumbai airport to 12 cities. The fares have soared as high as 193 per cent following a recent government order to cancel flights to ease "persistent congestion" that was causing delays. Aside from the reduction in flights on 12 routes, two destinations - Hubli and Jabalpur - have lost connectivity with Mumbai since last week, according to aviation analytics firm Cirium's data reviewed
The government has made clear that the Airports Authority of India will closely monitor the cost of airports built through the PPP route.
Slots, parking bays unavailable at major airports
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.
With better utilisation of slots, foreign flying rights, and greater international connections, the operator of India's largest airport feels a privatised Air India will bring commercial benefit to Delhi airport and help it revive quicker from the pandemic shock. Delhi is the largest hub for Air India, with most of its long-haul flights to the US and Europe being operated from here. The airport plans to give its most modern terminal 3 (T3) exclusively to the Tata Group.
Foxconn's business in India has grown to over $10 billion till 2024.
The safety and security of citizens is primary for the government, he said.
Fares to key routes such as Delhi, Bengaluru, and Hyderabad may shoot up 80 per cent
Is Chandrababu Naidu being in jail an opportunity? How will the TDP capitalise on it? Or will it implode with nothing more than a sigh?
Shadab Khan doesn't shy away from expressing his love for Bollywood movies and local food.
The Telugu Desam Party chief picked up an argument with the police officials and demanded to know why he was being prevented from going to Tirupati and Chittoor.
'I have no idea what's in store for us.' 'I am in touch with my friends who are still stuck there.'
BA.4 and BA.5 are sub-variants of the highly-transmissible Omicron variant of the virus.
Mumbai, Bengaluru, and Kochi airports have hiked their landing charges by up to 45 per cent, increasing the operating cost for airlines at a time they are facing financial constraints because of the two months of grounding and weak demand.
Three airports from India are among the world's best airports.
The Odisha government told the assembly over 40,000 workers migrated from the state last year, with the highest number -- 26,151 -- from Balangir.
Amid a political crisis in Jharkhand, Jharkhand Mukti Morcha legislative party leader Champai Soren on Wednesday called on Governor C P Radhakrishnan and urged him to accept his claim to form the government at the earliest.
Strangely, a few days after filing the charges, the CBI teams arrived in Hyderabad and Mumbai to raid GVK's offices and found incriminating evidence, a reversal of the normal course of events.
'Domestic will remain very much the core of what IndiGo is.' 'But the emphasis in our next growth phase is going to be on the international side.'
Prime Minister Narendra Modi on Tuesday said he had rejected a request of Telangana Chief Minister K Chandrasekhar Rao to join the NDA, after the Hyderabad Municipal Corporation elections in 2020, citing his "deeds".
England skipper Ben Stokes on Wednesday expressed relief after young leg-spinner Rehan Ahmed's visa issue was sorted in quick time due to the intervention of the Indian government and the BCCI.
Pandya's comeback journey following an ankle injury which he suffered in the ODI World Cup was one that is replete with elements of disappointment and dejection but also with utmost resilience and determination shown against adversity.
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