We are just taking out money from where we think we have got the maximum and putting it into projects which we think has potential, says Parmit Chadha, CEO, Strategy and Corporate Development, GMR Infrastructure
Category: Aviation & Airports
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Airports: Spreading its wings
India is likely to be the fastest growing aviation market in the world in the next 20 years. Thus, there is a need to adopt a new proactive mindset which does not wait for current infrastructure to become saturated before planning for expansion,
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CEM AC2000 at Dubai Airport
CEM Systems, part of Tyco Security Products, announced their aviation-renowned AC2000 security management system has been success¡fully installed at the new Concourse 3 Terminal in Dubai International Airport
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The magical metal
Stainless steel has started to provide architects and builders with an excellent solution to the problem emanating on account of corrosion.
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Leading privatisation
Rajesh Srivastava, currently the Managing Director, Meinhardt India, has over 18 years of professional experience in the directorship and management of leading organisations in India, ranging from multinational infrastructure com¡panies to small-scale industries.
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Air India may turn into no frills airline
A five-member panel headed by IIM professor RH Dholakia has asked Air India, the Indian national air carrier, to take a cue from no-frill airline model and cut costs. This includes reducing 26,000-strong staff. The suggestion comes at a time while the country's aviation sector waits for the entry of foreign airlines like Air Asia, Air India may become a no-frills low cost operator.
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India records highest traffic for Abu Dhabi airport in Feb
For Abu Dhabi International Airport India recorded the highest traffic in February 2013, with traffic growing by 9.1 per cent over the same period last year, says a report by the Abu Dhabi Airports Company (ADAC). The traffic report for February 2013 showed a 13.1 per cent growth in passenger traffic over the same period last year, with over 1.2 million (1,221,686) passengers passing through the airport, ADAC said in a statement.
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Jet airways to up its international capacity
Jet Airways is to increase capacity on international routes and induct two Boeing 777s this year. The airline, which earns about 55 per cent of revenue from international operations, has leased five Boeing 777s to Thai Airways; the lease term would end this year.
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AI’s weekly 3 flights between Blore-Tirupati from Apr 1
To meet the holiday season rush of passengers between Bangalore and Tirupati, Air India will be launching new thrice-weekly flights from April 1 through its subsidiary Alliance Air.
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Land required for Tiruchi Airport expansion: AAI
Member (Operations), Airports Authority of India (AAI) GK Chaukiyal has said in Tiruchirapalli on March 27 that the next phase of expansion of the Tiruchi Airport would begin as soon as the required lands are made available by the Tamil Nadu State government. Proposals for the construction of an additional terminal building, to double the passenger handling capacity from the current 400, and a new control tower are under the active consideration of AAI, he said.