Category: Aviation & Airports

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Air India posts Rs.246 crore loss in April-June quarter

Air India posts Rs.246 crore loss in April-June quarter

Air India has reported an operational loss of Rs.246.14 crore in the three months ended June 2016. The airline had turned operationally profitable in the previous fiscal. The operating loss in the first quarter of this fiscal has come down from Rs.315.37 crore in the year-ago period.

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New international airport at Purandar

New international airport at Purandar

The initial cost for the proposed Chhatrapati Sambhajiraje Pune International Airport at Purandar is expected to be approximately Rs.2,000 crore, Vishwas Patil, managing director of the Maharashtra Airport Development Company (MADC), told the media

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Number of airports to double in 2-3 years

Number of airports to double in 2-3 years

The Centre plans to double the number of airports in the country over the next two to three years to serve the largely untapped domestic aviation industry which has seen an increase in passengers, Minister of State for Civil Aviation, Jayant Sinha has said.

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Demonetisation hits aviation sector

Demonetisation hits aviation sector

Domestic airlines have reported a 7-10 per cent drop in overall sales after the governmentÂ’s demonetisation move, according to a few news reports. Many travellers planning to travel during the peak winter season have apparently decided to postpone their travel plans.

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Govt, AAI ink deal for Patna airport revamp

Govt, AAI ink deal for Patna airport revamp

The Airports Authority of India (AAI) and the Bihar government have agreed in principle on exchanging 13.5 acres of land for expansion of PatnaÂ’s Jayaprakash Narayan International Airport terminal building. AAI will spend Rs 850 crore on the new two-storey building with aerobridges.