The Centre will set up 50 regional airports over the next three years, according to Civil Aviation Minister Ashok Gajapathi Raju. “We estimate about 50 new regional airports to come up in the next three years. Ten of them would be ready by the end of this year,” Gajapathi Raju told BusinessLine newspaper.
Category: Aviation & Airports
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PuneÂ’s new airport readies for take-off
PuneÂ’s proposed international airport has gained momentum with Chief Minister Devendra FadnavisÂ’s tweet that the technical team from Airports Authority of India (AAI) will conduct preliminary study of Rajgurunagar site, near Khed Special Economic Zone, in the first week of September.
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Government plans to make India a hub for aircraft maintenance
In an effort to make India a hub for aircraft maintenance and repair, the government plans to set up two new facilities in the country to scale up the sector currently valued at around Rs 5,000 crore.
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AAI makes a profit of Rs.2,537.36 crore
National airports operator Airports Authority of India (AAI) has enhanced its net profit to Rs.2,537.36 crore in the last fiscal as against a profit-after tax of Rs.1,959.22 crore in FY 15, Minister of State for Civil Aviation Jayant Sinha informed Parliament.
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Leh airport to get new terminal for Rs.200 cr
A new terminal will be constructed at Leh airport with an investment of around Rs.200 crore which will increase the passenger handling capacity. With the new terminal, the peak hour passenger capacity is expected to go up to 800 from current level of 250.
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Promoters to invest Rs.234 cr in AirAsia
The promoters of AirAsia India will infuse Rs.234 crore in the airline as it plans to grow its domestic footprint and prepares for foreign flights.
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Bahrain Airport Services goes live
Kale Logistics Solutions, a Leading Global IT Provider to the Airports, Logistics and Transportation segments, has announced that Bahrain Airport Services (BAS) has gone live with Electronic Advance Manifest Filing using Kale´s GALAXY system. The Advance Manifest filing is in conformance with IATA´s CARIMP messaging standards.
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Airport Express Line back on track
Finally, Delhi Metro Rail Corporation (DMRC) has turned the fortunes for Airport Express Line metro system. According to DMRC release, the footfall that connects the New Delhi railway station in the heart of Delhi to the airport has increased four times. This is mainly because slashing of fares from Rs.180 to Rs.60 by DMRC.
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GMR Infra gains after subsidiary sells stakes in transmission projects
GMR Infrastructure rose 1.27 per cent to Rs13.54 on the BSE after the company´s subsidiary entered into definitive agreements with Adani Transmission to transfer the interest in its transmission projects.
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Aviation security needs redefinition
Spaced apart by 99 days, the two big terror attacks of this year have targeted airports, first Brussels and then Istanbul forcing, for the first time since 9/11, a rethink of what aviation security should come to mean.