Private players have a pivotal role in the modernisation of airports. Timely determination of policy framework with respect to user development fee for the airports involving PPP will serve as the primary force for drawing private developers.
Category: Aviation & Airports
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Indian aviation is poised to emerge as 3rd largest global market by 2030
Srinivas Bommidala, Group Director, GMR Group, talks about the long-term impacts of privatisation of airports, withdrawal of service tax exemption and the ´Make in India´ campaign as well as the growth potential of the industry.
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PMI: Milestones to efficiency
Although formalised project and programme management practices are yet to be embraced with equal rigour across all government entities, data reveals that implementing Organisational Project Management (OPM)
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AAI goes for expansion
State-run Airports Authority of India (AAI) will invest up to Rs 1,400 crore in further expansion of Chennai Airport and setting up an ATC tower at Kolkata Airport. This comes after the government dropped its privatisation plans.
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New civil aviation policy in advanced stage
The proposed new civil aviation policy is under an advanced stage of preparation and the draft will be placed in the public domain for eliciting opinions, Civil Aviation Minister Ashok Gajapathi Raju Pusapati said in mid-September.The ministry will place the draft on the internet and seek suggestions and opinions from the public.
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PM favours scrapping 5/20 rule for airlines
Vistara and AirAsia India may soon be able to fly international, as PM Narendra Modi favours scrapping the 5/20eligibility rule that bars Indian carriers from flying overseas until they complete five years of domestic service
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Airlines may handle ground ops under new policy
The government is likely to allow airlines to handle ground operations on their own in the country´s airports, a key change of stance that will meet the demand of carriers and end a court case on the matter. The change will be part of the new civil aviation policy.
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Modernising Mumbai Airport
The biggest challenge, says L&T, was to construct the terminal amidst a fully operational airport. L&T was awarded the mandate as the main contractor to plan, design, engineer, procure, construct, test and commission the new Terminal 2
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All Aboard
Growing air travel bodes well for the sector. All that is required is for the necessary infrastructure to keep pace, lest it fall far behind. India´s civil aviation industry is on a high-growth trajectory. Currently the ninth largest aviation market in the world, with a market size of around $16 billion
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Experienced Veteran
SN Subrahmanyan, 55, a veteran at Larsen & Toubro, has been appointed as the Deputy Managing Director and President of the conglomerate