The first regional airline from Andhra Pradesh Air Costa has unveiled plans to invest about Rs 618 crore ($100 million) over the next two years and about Rs 3,092 crore ($500 million) over 15 years. It plans to have a fleet size of 25 aircraft by 2018.
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Category: Aviation & Airports
AAI offers 30-year contract of Chennai, Lucknow airports
As part of privatisation, the Airports Authority of India (AAI) is offering a 30-year contract for Chennai and Lucknow airports. The privatisation is to be extended to Ahmedabad, Jaipur and Guwahati airports. The Union Civil Aviation Ministry said that eleven firms have shown interest to take up maintenance of the airports.
Delhi and Birmingham airports sign MOU to strengthen links between the two cities
Following the recent launch of direct flights between Delhi International Airport (India) and Birmingham Airport (UK), the two airports have signed a Memorandum of Understanding (MOU) to formalize a working relationship and commit to developing links between the two cities even further.
Russia plans to make commercial aircraft in India
In a move to slash cost of aircraft production India and Russia are planning production of two types of commercial aircraft in India. The move is expected to cut down the cost of aircraft production by 40 per cent, say media reports. Both the countries eye possible production of Russia's Superjet 100 regional airliner and a future Irkut MS-21 jetliner on the territory of India.
Maldives airport shares to be sold to people
By keeping majority of shares of the Male airport Ibrahim Nasir International Airport, the Maldivian government has decided to sell remaining shares of the gateway airport to the citizens of the country.
Dibrugarh Airport in Assam gets aerobridge facility
At Assam's Dibrugarh Airport, two aerobridges became operational in the new terminal building of the airport on October 3. Paban Singh Ghatowar, Union Minister for Development of North Eastern Region inaugurated the aerobridges. Dibrugarh is the third airport to have the facility of aero-bridges after Kolkata and Guwahati airports in the region.
Air services to Rameswaram, Kanyakumari
Experts say air connectivity to tourist spots like Kanyakumari, RamÂeswaram in the country will improve the growth of such tourism centres. As per a proposal of the Union Civil Aviation MinistryÂ’s proposal, one can expect a 20-seater or a 40-seater passenger aircraft to land in a civilian airport in Kanyakumari or RamÂeswaram.
Mumbai airport to get 100 AEDs for medical emergencies
To handle any medical emergencies at Mumbai airport, 100 new Automated External Defibilirators (AEDs) will be installed by the year end. The AED is a portable device that can automatically diagnose a sudden cardiac arrest (SCA), and help save life with the press of a button, stated a release.
Ten more Indian airports to adopt SITA services
The Airports Authority of India (AAI) has chosen world's leading specialist in air transport communications and information technology SITAÂ’s next generation airport management system to transform operations at ten airports across India. The system enhances the passenger journey for 42 million passengers.
GMR divests majority stake in GUEL
In line with GMR Group's Asset Right and Asset Light Strategy, GMR Highways has signed a definitive agreement with India Infrastructure Fund (IIF) to divest 74 per cent stake in GMR Ulundurpet Expressways (GUEL).

