CRISIL Ratings estimates that airports in New Delhi, Mumbai, Hyderabad and Bengaluru, which cater to nearly 55 per cent of IndiaÂ’s air traffic, and which are operating near-full capacity, will need to spend heavily on expansion through 2021.
Tag: airline
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No deadline for civil aviation policy: Raju
Civil aviation minister Ashok Gajapathi Raju has said the government has not set a deadline for finalising the civil aviation policy. He said the policy was in ´advanced stages´ and would be approved soon.
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Govt to upgrade Juhu airport for Rs 20 bn
Media reports indicate that the union government approved a Rs 2,000 crore project to extend the runway of Juhu airport in Mumbai by 650 metre into the sea. The project, which is part of the overall plan to redevelop the airport, is intended to begin operation of private jet and small turboprop and ATR in
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No delay from Aviation Ministry to AirAsia’s JV
There would be no delay in granting necessary approvals to Malaysian carrier AirAsia for its proposal to start an airline here with Tatas if all required information is provided to government agencies, Civil Aviation Minister Ajit Singh said on March 17. There are some procedural issues which will be settled and there is nothing to worry. We welcome AirAsia-Tata Joint Venture (JV) and hope that it will be operational soon, he said on the sidelines of Routes Asia Conference held in Mumbai.
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FIPB to consider AirAsia’s JV plan on 6 March
The foreign investment promotion board (FIPB) headed by economic affairs secretary Arvind Mayaram would consider on March 6 the investment plan of MalaysiaÂ’s AirAsia in a proposed joint venture with Tata Group for launching airline operation. AirAsia has applied to FIPB to take 49 percent in a ventu
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AirAsia expects to start JV operation by 4th quarter
By the fourth quarter of 2013, AirAsia expects to start operation of its proposed low-cost airline in a joint venture with Tata Group and Arun Bhatia of Telestra Tradeplace. As soon as the joint venture receives approval from the sectoral regulator, it would launch operation, AirAsia's founder and group CEO Tony Fernandes said
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AAI commissions ILS in Agra airport
Recently, the Instrumental Landing System (ILS) was commissioned in Agra airport enabling it to provide horizontal and vertical guidance to landing and taking off aircra
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AAI to inaugurate new terminal by Dec
Airports Authority of India (AAI) would inaugurate the new domestic terminal at the Biju Patnaik airport in Bhubaneswar by December end, said Sharad Kumar, director AAI-Bhubaneswar
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Separate Biz for AI?
In a bid to turnaround Air India, the civil aviation ministry is seeking government approval to hive off aircraft maintenance.