The government-owned carrier Air India has been asked by the the Union Civil Aviation Minister Ajit Singh to develop a hub in South India to target passenger traffic from the states in the region. Air India has to consider setting up a hub in Chennai or Bangalore. It can have its main hub in Delhi, Singh said.
Category: Aviation & Airports
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AAI mulls Rs 1,000 cr tax-free bonds for developing airports
The Airport Authority of India (AAI) has decided to issue tax-free bonds worth Rs 1,000 crore in the current financial year to finance and develop small airports in the country. AAI's move comes days after the government's decision to construct 51 low-cost airports across the country. It would strengthen the financial position of AAI to build these airports,' AAI Chairman V P Aggarwal said in Delhi.
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Ten Kingfisher aircraft languish at Chennai airport
More than a month after the Airports Authority of India (AAI) asked Kingfisher Airlines to remove its 10 grounded aircraft that are taking up space at Chennai airport, the aircraft are still there. The debt-ridden airline stopped services in October last year. Back in 2008, Kingfisher used to operate 60 flights a day from Chennai. By mid-2012, this was down to 45 before operations stopped all together.
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Govt okays privatisation of Kolkata, Chennai airports
To bring in private operators to run airports, the Union government on July 4 approved privatisation of the Chennai and Kolkata airports, which are currently operated by the Airports Authority of India (AAI). Separately, AAI has sought approval from the government to raise Rs 1,000 crore through issue of tax-free bonds to develop 50 low-cost airports in the country. The inter-ministerial group decided to privatise the older terminals by bringing in a joint-venture partner to manage operations at
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Govt okays privatisation of Kolkata, Chennai airports
To bring in private operators to run airports, the Union government on July 4 approved privatisation of the Chennai and Kolkata airports, which are currently operated by the Airports Authority of India (AAI). Separately, AAI has sought approval from the government to raise Rs 1,000 crore through issue of tax-free bonds to develop 50 low-cost airports in the country. The inter-ministerial group decided to privatise the older terminals by bringing in a joint-venture partner to manage operations at
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Govt to implement 8 airport projects in 2013
Eight airports would be set up in 2013 in tier II and tier III towns across the country by the Airport Authority of India (AAI) in partnership with private sector and the state governments, reports indicate. These eight projects are part of the government's plan to set up nearly 50 airports in tier II and tier III towns across the country in the coming years. Industry watchers welcomed the move by the government to set up airports in small towns across the coun
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Govt to implement 8 airport projects in 2013
Eight airports would be set up in 2013 in tier II and tier III towns across the country by the Airport Authority of India (AAI) in partnership with private sector and the state governments, reports indicate. These eight projects are part of the government's plan to set up nearly 50 airports in tier II and tier III towns across the country in the coming years. Industry watchers welcomed the move by the government to set up airports in small towns across the coun
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Helping the flood victims
In an initiative to express solidarity with the flood-ravaged Uttarakhand state, Airports Authority of India (AAI) extends round-the-clock operations facility at Jolly Grant Airport in an excellent coordination between AAI, State Government of Uttarakhand and the Indian Air Force to enable seamless flow of choppers
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India to have 51 new low-cost airports
To develop civil aviation sector and increase air connectivity to Tier-II and Tier-III cities in India, the Union government on June 28 decided to set up 51 new low-cost airports. The State-owned airport operator, Airports Authority of India (AAI), would set up the low-cost airports in 51 cities in 10 states
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Defence ministry provides land for airport terminal project
Union Defence Ministry agreed to provide 50 to 70 acre of land to the civil aviation ministry to build a new terminal building in the Agra airport.