Air India is expecting to get sovereign guarantees for Rs 2,500 crore loans from the government next week. The State-run airline has tied up with 8-9 banks to raise the debt, to cover the shortfall in government funding to shore up its finances, sources in the airline firm said.
Category: Aviation & Airports
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Airport could come up at Shirdi by Dec
The Maharashtra Airport Development Company (MADC) on October 10 stated that the construction of airport near Shirdi may be completed by this year-end.
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Plea to AP govt to modernise Vijayawada airport
Urging the Krishna district administration to speed up the expansion and modernisation of Vijayawada airport (Gannavaram), the Andhra Chamber of Commerce and Industry (ACCI) has suggested to initiate the process of acquiring land in the process first.
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Plea to AP govt to modernise Vijayawada airport
Urging the Krishna district administration to speed up the expansion and modernisation of Vijayawada airport (Gannavaram), the Andhra Chamber of Commerce and Industry (ACCI) has suggested to initiate the process of acquiring land in the process first.
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Plea to AP govt to modernise Vijayawada airport
Urging the Krishna district administration to speed up the expansion and modernisation of Vijayawada airport (Gannavaram), the Andhra Chamber of Commerce and Industry (ACCI) has suggested to initiate the process of acquiring land in the process first.
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Work order on Kannur airport by Oct-end
By this October-end, work order for building Kannur airport, the fourth international airport of Kerala, will be awarded to the winning bidder. The process of awarding the first engineering, procurement and construction (EPC) contract for the airport has entered the last phase, say media reports.
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Airlines in US to lift ban on electronic devices
News reports have suggested that the US government could lift the ban on in-flight electronic device use as soon as 2014. The new rules would apply to flights below 10,000 feet, allowing passengers to use their tablets, e-readers and laptops throughout the entire flight.
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Bangalore airport may become expensive airport
The Karanataka government has refused the appeal of the Bangalore International Airport (BIAL) to increase the StateÂ’s equity in the airport by Rs 150 crore and suggested the BIAL to use the excess land given by it (the State government) to raise money for expansion rather than seeking incrÂeased equity of the State.
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Flight operations resumed to Bhubaneswar
Jet Airways has stated that its services to Bhubaneswar and Ranchi have been disrupted due to Cyclone Phailin, say reports from Delhi.
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India to ease overseas flying norms to airlines
The Union government is to drop the condition of '5/20 rule' to Indian airlines by next November to fly on overseas routes. The government is to scrap the rule requiring airlines to fly on domestic routes for five years and to possess a fleet of at least 20 planes before launching overseas operations, say media reports.