GMR Infrastructure has reportedly restructured its energy business, which posted a net loss of 160 crore during Oct-Dec 2012 against a net loss of 84.3 crore a year ago, largely owing to fuel constraints. Until some time ago, there were no separate units for this segment, but now the company created several verticals so that complete responsibilities are on the head of th
Category: Aviation & Airports
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Kanpur airport to be connected with major cities
Kanpur (Ahirwan) Airport is poised for expansion. After the expansion, citizens of Kanpur can avail direct flights to Gujrat, Tamilnadu and Maharashtra. The airport will soon be extended as the land for it has been identified and soon the acquisition proceedings will be underway. According to Sub Divisional Magistrate, Kanpur, IP Uttam, the airport authority has identified a land of around 100 acres in Sheikhpur and Mavaiya villages.
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GMR competes for Filipino airport project
In the Philippines, India's GMR Infrastructure company is learnt to have filed qualification documents for a formal bid to develop 17.5-billion peso ($425 million) Mactan-Cebu International Airport project. The documents have been filed by GMR in a consortium with local Megawide Construction.
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UP govt takes steps for Kanpur airport project
Uttar Pradesh government urged its officials to expedite the preparation of an action plan for the proposed new airport project in Kanpur. The state government plans to find a land in Kanpur Dehat district for the project. Further, the state chief secretary Ja
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Jet ties-up code share with South African Airways
To offer seamless travel to South Africa-bound passengers Jet Airways has entered into a code share arrangement with South African Airways. The code share agreement comes into effect from April 18, a Jet Airways release said in Mumbai on April 16. Code-sharing allows an airline to book its passengers on its partner carriers and provide seamless transport to multiple destinations where it has no presence.
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India to become No 2 in aviation market in a decade
Union Civil Aviation Minister Ajit Singh said recently that India would become the second-largest air traffic market in the world within a decade as the government has adopted an open air policy. Speaking at the official inauguration of the new airport at Nagpur in Maharashtra, named the Dr BR Ambedkar International Airport, he said domestic carriers flew close to 162 million passengers in 2011-12, up from 143 million in 2010-11.
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Deal between Jet and Etihad may be concluded in a month
According to sources in the union aviation ministry, the deal between Jet Airways and Abu Dhabi-based Etihad Airways may be clinched in a month. The government is expected to assuage the concerns of Etihad Airways on investor protection and help both the companies finalise the deal soon, sources
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Hyderabad airport awarded as No 1 in India,
Hyderabad's Rajiv Gandhi International Airport (RGIA), being managed by the GMR Group, has been rated as the number one airport in India, the fifth best regional airport in Asia and also as the eighth best airport in the 5 to 10 'mppa' capacity. The World Airport Awards are the global benchmark of Airport Excellence and Quality Ranking, it added.
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Now GoAir’s flights from Mumbai-Srinagar
No-frill carrier GoAir will operate direct flights between Srinagar and Mumbai from April 18 for the convenience of passengers in general and tourists particularly. GoAir will operate direct flights between the two cities, Chief Executive Officer of the airline service provider, Giorgio De Roni, said in Jammu on April 17. The carrier is exploring possibilities to operate night flights from several capital cities to Srinagar, he said during a meeting with J-K Tourism Minister Ghulam Ahmad Mir.
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AirAsia likely to entrust its India operations to Kathleen Tan
Malaysian budget carrier AirAsia, which has six airlines under its fold, will be banking heavily on a woman to ensure the success of its impending India launch. Tony Fernandes, founder of AirAsia is said to have great confidence on Kathleen Tan, 52, his decade-old associate at AirAsia, to build the India travel market, just as she did for the airline in China. Tan is known as his 'right hand' in aviation circles and was the airline's former commercial head.