AAI, being the extended arm of the government, is geared-up to address the huge traffic growth that the country is witnessing. As per the forecasts, the growth is expected to continue in the future.
Category: Aviation & Airports
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In a sweet spot
First the good news! The economy's doing well, the stock market's touching new peaks and Indians are flying like never before.
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No-Frills Airports: Doing More With Less
Currently, less than 3 per cent of India's 1.3 billion population flies and the Government of India, along with Airports Authority of India (AAI), is taking concrete steps to make flying affordable to more people in the nation.
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Post Budget Analysis | Aviation
The Budget has reiterated the focus on improving regional connectivity through the UDAN scheme.
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Flexenclosure opens second production facility in Sweden
Swedish provider of sustainable Internet infrastructure Flexenclosure is establishing a second production facility in western Sweden to manage the increasing global demand for its prefabricated eCentre data centres.
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Twin headwinds threaten to alter Indian aviationÂ’s flight path
Despite a raft of policy facilitations, domestic airlines are flying into two major headwinds – crippling infrastructure constraints at major airports, and an uptick in fuel prices – which could mean growth in domestic air passenger traffic may have peaked out for the medium term.
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Capacit’e Infraprojects bags project worth Rs 825 crore
Capacit'e Infraprojects Ltd, has bagged a contract worth Rs 825.01 crore (excluding GST), from Arihant Abode Ltd, a subsidiary of Arihant Superstructures Ltd, for affordable housing project christened “Arihant Aspire” situated at Panvel, Maharashtra, in proximity to the proposed Navi Mumbai International Airport. The scope includes construction of civil & structural, finishing & MEP works to be executed in phases for 8 residential buildings of 42 floors each.
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Accommodating the Boom
The air travel boom in India has thrown up a new set of challenges before the country's aviation sector. The airport infrastructure needs to be ramped up on priority for the growth momentum to be sustained in the long term.
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Indian airports facing severe capacity crunch
Amber Dubey, Partner and India Head of Aerospace & Defence, KPMG feels that a tough relook is required at the Land Acquisition, Rehabilitation and Resettlement (LARR) Act, 2013, as it has made land acquisition for public infrastructure projects such as airports impossible.
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GVK receives LoA for Navi Mumbai airport
The GVK-led Mumbai International Airport (P) Ltd (MIAL) was handed over the Letter of Award (LoA) from CIDCO, the nodal agency of the Government of Maharashtra for the Navi Mumbai International Airport.