Air India is once again putting up some floors of its iconic sea-facing Mumbai headquarters building in Nariman Point for rent. After the dull response to its first attempt at leasing 12 of the 23 floors (1,59,000 sq. ft) in its building in October last year, the debt-laden national carrier has now invited fresh bids, the second time in the last five months.
Category: Aviation & Airports
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Police security strengthened at Mumbai’s Juhu airport
Security at Mumbai's Juhu airport finally got some boost after the local police sanctioned around 30 police personnel to guard the perimeter area. The airport has been battling severe security issues for the last few years with neighbouring slums spilling into the operations area.
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Shifting of AIE headquarters to Kochi still incomplete
The much-hyped shifting of Air India Express (AIE) headquarters to Kochi remains incomplete though the low-budget wing of the national carrier seems to have achieved significant improvement in schedule integrity since January. The AIE headquarters was officially shifted here from Mumbai on January 1 but much needs to be done to complete the redeployment of the staff and finding a space for it.
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Shifting of AIE headquarters to Kochi still incomplete
The much-hyped shifting of Air India Express (AIE) headquarters to Kochi remains incomplete though the low-budget wing of the national carrier seems to have achieved significant improvement in schedule integrity since January. The AIE headquarters was officially shifted here from Mumbai on January 1 but much needs to be done to complete the redeployment of the staff and finding a space for it.
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Uncertainty over compensation in Kannur airport project
Uncertainty looms large over fixing compensation for civil structures, which will make way for construction of Kannur airport though steps for the third phase of land acquisition are nearing completion. During the second phase of land acquisition, the value of buildings was assessed on the basis of Public Works Department (PWD) rates in 2008-09.
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National aviation varsity to come up in Rae Bareilly
Rae Bareilly's Fursatganj airport that houses the Indira Gandhi Rashtriya Uran Akademi (IGRUA) will soon have a world class national aviation university at an investment of Rs 150-200 crore. Congress vice-president Rahul Gandhi on March 25 held a meeting with top aviation ministry officials — who are ex-officio members of IGRUA — and now the place is all set to get the swanky aviation university.
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Inducting new aircraft got easier in India
The Union Civil Aviation Ministry has disbanded the Aircraft Acquisition Committee as it was under the pressure from the airline industry and in the face of criticism about delays in inducting new aircraft. The six-member AAC, headed by the Additional Secretary in the Ministry, was vested with the power of clearing aircraft purchases for existing airlines as well as deciding on proposals for those wanting to enter the domestic industry.
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Govt canÂ’t regulate airfares: CCI
Competition Commission of India (CCI) Chairman Ashok Chawla has said the government cannot fix the maximum retail price (MRP) of airfares like other consumer items as fares are decided by market forces of demand and supply. This order effectively bars the government from regulating airfares.
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India’s 1st aviation varsity in UP to function next-year
India's first aviation university will come up at Rae Bareli in Uttar Pradesh and its academic session would begin in July next year. The National Aviation University (NAU) would train technical personnel, including engineers, and impart all aviation-related skills to its students. There would be a requirement of close to three million trained personnel in the Indian aviation sector over the next decade, according to independent estimates.
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New policy soon for growth of aviation sector
For a new policy of sustainable and orderly growth of aviation sector in the country, the Union Civil Aviation Ministry has prepared a white paper, the Rajya Sabha was told on March 22. To have a sustainable and orderly growth of the aviation sector, the Ministry has felt the need to spell out a long-term Civil Aviation Policy to address various issues related to the sector, Union Minister of State for Civil Aviation KC Venugopal said.