India to monetise 25 airports over 4 years, to fetch Rs 20,782 crore

NEW DELHI: The government of India is looking to monetise 25 AAI-managed airports, including Varanasi, Chennai, Nagpur and Bhubaneshwar, over the next four years, which could bring in investments worth Rs 20,782 crore. Further, divestment of Airports Authority of India’s (AAI) residual stake in four airport JVs has also been considered under the national monetisation […]

Continue Reading

Noida Airport land handed over to private developer, construction soon

NEW DELHI: In a stepping stone for the development of Noida International Airport, a pact was signed between the Uttar Pradesh government’s joint venture company and Swiss developer Zurich International Airport AG’s special purpose vehicle on Saturday for handing over of the 1,334 hectare land at the project site in Jewar. The “license memorandum” was […]

Continue Reading

Zurich airport signs agreement with NIAL for development of Noida airport

NEW DELHI: The Zurich Airport International on Saturday signed a shareholder agreement with the Uttar Pradesh government’s entity NIAL in Lucknow for the development of the Noida International Airport, a statement said. Arun Vir Singh, CEO, Noida International Airport Limited (NIAL), and Christoph Schnellmann, CEO, Yamuna International Airport Pvt Ltd (YIAPL), signed the agreement in […]

Continue Reading

Kurnool Airport inaugurated

NEW DELHI:India’s ivil Aviation Minister Hardeep Singh Puri virtually joined Yeduguri Sandinti Jaganmohan Reddy, Chief Minister (CM), Andhra Pradesh at the inauguration of the Kurnool Airport, Orvakal, Andhra Pradesh today. Andhra Pradesh CM attended the inauguration at Kurnool airport along with senior officials and other important stakeholders. Senior officials of the Ministry of Civil Aviation […]

Continue Reading

AAI issues tenders for construction of 1st phase of Dholera airport in Gujarat

NEW DELHI: The Airports Authority of India (AAI) on Thursday issued tenders for the construction of the first phase of an international airport at Dholera in Gujarat, entailing an investment of Rs 987 crore, according to an official statement. The new facility is being set up in greenfield city under the Delhi-Mumbai Industrial Corridor (DMIC) […]

Continue Reading

Chennai airport’s new terminal to be commissioned by 2022-end

NEW DELHI: The Chennai airport’s new integrated terminal, which would be constructed after demolishing existing terminals 2 and 3, would be commissioned by December 2022, the Airports Authority of India (AAI) said on Wednesday. The new terminal will have a total area of 2,18,000 sqm and function as one large integrated terminal for international and […]

Continue Reading

Domestic air passenger traffic grows 22 per cent in November: ICRA

MUMBAI: Further relaxation in aircraft capacity deployment coupled with festive season air travel demand helped recovery in the domestic traffic with passenger volume seeing 22 per cent sequential growth in the previous month, ratings agency ICRA said on Wednesday. ICRA also said that the November domestic passenger traffic was close to 50 per cent of […]

Continue Reading

Arjun Munda e-launches new tribes India outlet at Guwahati international airport

NEW DELHI:India’s Tribal Affairs Arjun Munda e-launched new Tribes India Outlet at the Departure Lounge of Guwahati ‘s Lokpriya Gopinath Bordolai International Airport today. Renuka Singh, Minister of State for Tribal Affairs,Ramesh Chand Meena, Chairman, TRIFED, Pratibha Brahma, Vice Chairman, TRIFED, Pravir Krishna, Managing Director, TRIFED and Director, Airport Authority of India, Guwahati were present. […]

Continue Reading

Swiss developer selects four-company consortium to design passenger terminal for Noida airport

NEW DELHI: Swiss developer Zurich Airport International has selected a four-company consortium to design the passenger terminal for the greenfield Noida airport in Jewar, one of its top officials said on Thursday. “We conducted a design competition where we invited three international teams to make proposals on how they would design this airport, taking into […]

Continue Reading

Bangalore International Airport asks passengers to avoid carrying prohibited items

BENGALURU: The Bangalore International Airport Limited has asked passengers to avoid carrying prohibited items like blades, lighters, coconuts, toy guns, ghee packets and spices. In a statement, BIAL, which operates the Kempegowda International Airport, said there was an increase in the seizure of prohibited goods over the last few months. “The security team at the […]

Continue Reading