Mumbai International Airport (MIAL) awarded 1.16 million sq ft of land parcel at the airport for Rs 580 crore to Oasis Realty for commercial development.
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NMIA project cost escalates
The cost of the Navi Mumbai International Airport (NMIA) project has escalated by around Rs 400 crore due to various delays.
Centre wants fiscal measures from States for airport infra
The Union government has advised the States to take certain financial measures like slashing VAT on jet fuel up-¡lifted by airlines and underwriting of some seats to encourage aviation growth.
Airport developer challenges NGT order
The KGS Aranmula International Airport Ltd has moved the Supreme Court against the National Green Tribunal (NGT) verdict cancelling the environmental clearance given to the airport project by the Union Ministry of Environment and Forests.
Govt to develop air cargo terminal facilities
The government plans to develop domestic air cargo infrastructure throughout the country. After reviewing the functioning of the Airports Authority of India, Ashok Lavasa, Secretary, Civil Aviation
Navi Mumbai airport by Dec 2018
The first phase of the proposed Rs 14,500-crore global airport at Navi Mumbai would be ready by December 2018, the City and Industrial Development Corporation (CIDCO) of Maharashtra Vice-Chairman and Managing Director Sanjay Bhatia said.
Kerala govt backs out of Aranmula airport project
The Kerala government has backed off from the controversial KGS Aranmula International Airport project, which had recently lost its environmental clearance. Forest Minister Thiruvanchoor Radhakrishnan informed the Legislative Assembly
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.
Reforms for civil aviation sector
Modernisation of existing airports and development of low-cost airports to promote air connectivity, particularly to remote and regional areas, is expected to get a boost under the new government. This may include awarding management contracts at six major airports to private sector players and development of 50 low-cost airports on a fast-track basis.
CIDCO to extend deadline to respond to RFQs
CIDCO, the nodal body overseeing the planned Navi Mumbai airport project, plans to extend the time for companies to respond to the request for qualifications (RFQs) for the project by more than a month. The date has been extended to 30 July from 18 June.