Currently, less than 3 per cent of India's 1.3 billion population flies and the Government of India, along with Airports Authority of India (AAI), is taking concrete steps to make flying affordable to more people in the nation.
Tag: Airport Authority of India
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AAI ranked among the best: ACI
ItĆĀ“s not just India that is drawing the attention of the world but IndiaĆĀ“s airports are also ranked among the best globally.
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Airport turns greener with 2 MW solar plant
The Netaji Subhas Chandra Bose International Airport became the first airport in the country to get a 2 MW rooftop solar power plant.
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AAI invites bids for airport expansion
The Airport Authority of India (AAI) has invited bids for soil investigation, a basic work required for expansion of the Kolhapur airport.
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Kolhapur airport gains speed
The Airport Authority of India (AAI), which has planned to spend Rs 100 crore in the first phase of Kolhapur airport.
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Arunachal airport faces hurdles
The proposed Greenfield Airport at Hollongi in Arunachal Pradesh is facing hurdle with an Itanagar-based organisation opposing the move of the state government to appoint a nodal officer for the project.
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Land acquisition can be a deterrent: Experts
With the election round the corner, not much is likely to happen with respect to new airport infrastructure in India this year. Among the few aviation opportunities that exist a major one is the Navi Mumbai greenfield international airport project
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Surat airport to get strongroom to boost diamond export
Surat's gain is Mumbai's loss. Diamantaires in the Rs 80,000-crore world's biggest diamond cutting and polishing centre would no longer require to send their precious diamonds for export to Mumbai. Surat airport is all set to be equipped with a strongroom to handle precious cargo by July-end. Airport Authority of India (AAI) has given its approval to the proposal.
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AAI to finalise sites of low-cost airports in Punjab
Within a fortnight of the Union government announcing three low-cost airports in Punjab, a high-powered committee of the Airport Authority of India (AAI) has arrived in the state to test the feasibility of the airports. On July 11, the four-member team led by Joint General Manager N Makhija arrived to check the economic and technical feasibility of constructing low-cost domestic airports in Patiala, Ferozepur, Jalandhar and Ludhiana.
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Govt to raise Rs 1,000 cr via tax free bonds for airports
The government of India has decided to set up new airports in small cities and Airport Authority of India is all set to issue tax free bonds in this financial year to raise funds up to Rs 1,000 crore. The funds thus raised will be used for the development of low-cost airports. Maturity period of these bonds is going o be ten years. Those who invest in these bonds will also get tax benefits. AAI Chairman VP Agarwal informed that raising Rs 1,000 crore will help to develop the proposed 51 new air