In its biggest-ever investment outlay, Airports Authority of India (AAI) has chalked out a plan to invest Rs.15,000 crore over the next four years in the development and upgrade of airports.
Category: Aviation & Airports
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PNC Infra bags Rs.140-cr airport runway contract
PNC Infratech has said that it has been declared as the lowest bidder for a contract in Uttar Pradesh for resurfacing the runway at an Air Force station. ´PNC Infratech Ltd was declared the L1 (lowest) bidder for the project of extension and resurfacing of runway at Air Force Station, Bakshi Ka Talab, near Lucknow.
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Civil Aviation policy faces delay over auction proposal
The civil aviation policy seeking to ease rules for airlines to fly overseas and increase regional connectivity will have to wait, as the Prime Minister´s Office has ordered to go slow on it, according to an Economic Times report.
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Bids for Navi Mumbai airport
CIDCO has invited financial bids for the proposed Navi Mumbai airport, the financial stage before the much-delayed project is awarded, according to news reports.
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Govt likely to come out with new AVIATION policy in May
The Centre has proposed to implement the new civil aviation and tourism policy in May. The Ministry will take a decision on the controversial 5/20 rule in the new policy.
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DGCA considers easing of import norms for aircraft
Domestic airlines might soon be allowed to import aircraft that are up to 18 years old, with aviation watchdog - the Directorate General of Civil Aviation (DGCA)
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´Operators don´t follow AAI rules´
Vice-president of Maharashtra Navnirman Vidyarthi Sena, Akhil Chitre, has alleged that Mumbai Airport operators, GVK, are not following the rules laid down by Airports Authority of India.
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AAI likely to post all-time high revenue
National airports operator Airports Authority of India (AAI) is expected to report an all-time high revenue of Rs.10,000 crore, with an estimated flat profit growth in FY16.
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Financial bids invited for Navi Mumbai airport
The City and Industrial Development Corporation (CIDCO) has invited financial bids for the proposed Navi Mumbai airport.
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Civil Aviation Ministry gives ´site clearance´ for 4 airports
The Ministry of Civil Aviation has given in-principle approval for a greenfield airport in Gujarat as well as site clearance for four airports in Andhra Pradesh and Rajasthan this year.