India will displace the United Kingdom to become the world-Æs third largest aviation market by 2026
Category: Aviation & Airports
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GMR InfrA arm submits bid for GreeK airport
GMR Infrastructure´s subsidiary, GMR Airports (GAL), has submitted a bid along with its partner GEK Terna Group of Greece for the development
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DGCA considers Wi-Fi in domestic flights
The civil aviation regulator DGCA is examining a proposal to introduce Wi-Fi service on board flights to adequately address all the related issues, Union Minister Jayant Sinha has said.
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Airports Authority of India launches cargo subsidiary
State-owned airports operator Airports Authority of India (AAI) has launched a cargo subsidiary.
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GMR: Maldives ordered to pay $270 million for axed airport contract
GMR Infrastructure Ltd has said that an international tribunal had ruled the Maldives government should pay it $270 million in compensation for cancelling a contract to modernise and run the archipelago´s main airport.
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Air India taps LIC for Rs.10,000-cr loan
Air India is in talks with Life Insurance Corporation of India for a loan of up to Rs.10,000 crore to help finance the acquisition of six Boeing 787 and three 777 aircraft.
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Airports Authority of India launches a cargo subsidiary
State-owned airports operator Airports Authority of India (AAI) has launched a cargo subsidiary.
The company, to be called AAI Cargo logistics and Allied Services Company Ltd, will be 100 per cent owned by AAI. It will have an equity base of Rs 20 crore and staff strength of 60 people to begin with.
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GMR Airports to develop GoaÂ’s greenfield Mopa airport
GMR Airports Limited (GAL), a subsidiary of GMR Infrastructure Limited, has won the international competitive bid for development and operation of Mopa Greenfield Airport in north Goa. The concession period for the greenfield project will be 40 years with a possible extension of another 20 years through a bid process. The airport will be built under the BOT (Build-Operate-Transfer) model.
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DGCA considering Wi-Fi in flights
The civil aviation regulator DGCA is examining a proposal to introduce Wi-Fi service onboard flights to adequately address all the related issues, Union Minister Jayant Sinha has said.
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Trials begin for new traffic plan at Chennai airport
Trials have started for a new traffic plan at the Chennai airport that will significantly improve vehicle movements when implemented, reports Business Line. This new plan, which involves putting to use the newly constructed centre ramp, is likely to be open in two months.