The Aviation Ministry is considering auctions for its future airport contracts to private operators after setting fixed tariffs. This move may enhance the number of potentially serious bidders and shield passengers against arbitrary increases in user fees.
Category: Aviation & Airports
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Bengaluru Airport gets green certification for curbing emissions
Bangalore International Airport Limited (BIAL) has been accredited by the Airports Council International, with ĂâLevel-3 plus NeutralityĂâ certification under the Airport Carbon Accreditation.
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Dilip Buildcon wins Rs 125-crore Goa Airport taxi track project
ĂâThe Airports Authority of India (AAI) has declared Dilip Buildcon Ltd, Bhopal, as lowest-1 (L-1) bidder for construction of (a) parallel taxi track and associated civil and electrical works at Dabolim Airport, Goa,Ăâ Dilip Buildcon said in a BSE filing.
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Key private airports need Rs 27,000 crore for capacity expansion, says CRISIL
The four major private airports would require an investment of Rs 27,000 crore for expanding their existing capacities Ăâ which has reached saturation point, by 2021, according to a recent report. New Delhi, Mumbai, Hyderabad and Bengaluru cater to nearly 55 per cent of the countryĂâs total air traffic.
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Top four private airports fly high on robust traffic
CRISIL Ratings estimates that airports in New Delhi, Mumbai, Hyderabad and Bengaluru, which cater to nearly 55 per cent of IndiaĂâs air traffic, and which are operating near-full capacity, will need to spend heavily on expansion through 2021.
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India rises two spots, is 4th largest aviation market now
India's record breaking aviation growth continues unabated. The International Air Transport Association (IATA) has said that the country saw the fourth highest number of passengers taking off in 2016, up two places from the previous year, overtaking the UK and Brazil.
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India sees good domestic aviation growth in Feb | IATA
India topped the global charts in domestic air passenger growth for the 23rd straight month in February, helped by strong demand and increased load factor, IATA has said. In February, the countryĂâs growth in revenue passenger kilometres (RPK) stood at 17 per cent.
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New Rs 1,000-cr terminal to come up at Guwahati airport
Assam Industry Minister, Chandra Mohan Patwary has said that the Union Civil Aviation Ministry is planning to pump in Rs 1,000 crore for creation of a new passenger and cargo terminal at Guwahati airport.
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AAI wins ĂâIndia Pride AwardĂâ for infrastructure development
The Airports Authority of India has won Dainik Bhaskar's ĂâIndia Pride AwardsĂâ2016-17Ăâ for ĂâExcellence in Infrastructure DevelopmentĂâ in the category of Public Sector Undertaking - Central.
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Air India to post operating profit of Rs 300 crore this financial year
Air India is projected to post an operating profit of Rs 300 crore in the current fiscal and there is no plan to privatise the airline, the government has confirmed.