For development of Mactan-Cebu International Airport (MCIA) in Philippines, a southeast Asian country, Megawide Construction Corp has reached an understanding with Indian infrastructure developer GMR Group. According to a recent filing by Megawide with the Philippines Stock Exchange, the tie-up between both the companies will come through only when the airport contract is awarded to them.
Category: Aviation & Airports
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AAI team inspects new terminal at Kolkata airport
The new integrated terminal at Kolkata airport on April 4 was inspected by four officials from Airports Authority of India's planning department. The move follows complaints about the terminal's built quality and service by both passengers and MPs Derek O'Brien, Saugata Roy and Gurudas Dasgupta since it was commissioned three weeks ago.
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Tiruchi Airport achieves 44% growth in cargo services
During 2012-13, cargo exports from Tiruchi Airport have registered 44 per cent growth. The cargo terminal has also registered a new high by handling 395 tonne of international cargo during March, the highest ever for the airport so far. The previous high was 313 tonnes handled in January early this year.
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‘India remained weakest domestic aviation market in Feb’
According to International Air Transport Association (IATA), India continues to remain the weakest performing domestic aviation market in the world. The IATA on April 3 released global data for the month of February and the drop in domestic air travel demand was weakest in India where traffic fell by 9 per cent, even as the average for the month for all countries was a rise of 3.9 per cent.
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Navi Mumbai airport: Farmers refuse to settle for less
The already delayed Navi Mumbai airport project is facing further delays because of land acquisition problems. For the past one year, the City and Industrial Development Corporation (Cidco), the projectÂ’s nodal agency, has been struggling to resolve the compensation issue related to the 291 hectares of private land that has to be acquired from farmers in 18 villages.
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Govt to review NHAI-GMR proposal over premium payment
The National Highways Authority of India's (NHAI's) recommendation with regard to road developers' premium payment is likely to be reviewed by the Union Road Ministry. The Ministry will review NHAI's recommendation to defer payment of premium by companies like GMR who has agreed to certain conditions by the Authority to ensure they do not leave the project after the government approves the proposal.
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Nod to 4-laning of Demow-Bogibil junction in Assam
The Union Cabinet Committee on Economic Affairs has given its approval for the four-laning of the Demow-Bogibil junction section of National Highway-37 in Assam under the Special Accelerated Road Development Programme in North Eastern Region (SARDP-NE). The project is on Design, Build, Finance, Operate and Transfer (DBFOT) basis in Build-Operate-Transfer (BOT) (Annuity) mode of delivery.
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Aranmula airport project faces setback
In response to a petition filed by the Aranmula Heritage Village Protection Action Council, the National Green Tribunal has stayed the Rs 2,000-crore Aranmula private airport project in Kerala. The council argues that the construction of a private airport was in violation of the provisions of the Kerala Conservation of Paddy and Wet Land Act, 2008, Kerala Land
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Domestic airports face challenges in becoming international hub
Industry watchers point out the challenges for airports in India to become international hub for Indian airline companies. An airport must have two prerequisites to become an effective hub. First, it needs a strong anchor airline operating out of the airport, as Emirates does from Dubai or Deutsche Lufthansa AG from
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Global firms may operate new airports at two metros
The Union government is considering giving the management control of the new Kolkata and Chennai airports, built by the Airports Authority of India, to global operators through a competitive bidding process.
The Union Civil Aviation Minister Ajit Singh said on March 26 that the AAI could set up joint ventures with major foreign airport operators to carry out operations and management of these two crucial metro airports.