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Delhi Airport’s Upgraded Terminal 2 to Go Live on October 26 with Smart Tech and Seamless Design

Delhi Airport’s Upgraded Terminal 2 to Go Live on October 26 with Smart Tech and Seamless Design

Delhi International Airport Ltd (DIAL), led by GMR AERO, has announced that the upgraded Terminal 2 (T2) at Indira Gandhi International Airport will become operational from October 26, coinciding with the start of the winter schedule. The move marks a significant milestone in India’s airport modernisation drive, with T2 now equipped to handle growing passenger...

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InvIT: A preferred vehicle crosses AUM of Rs 4 trillion

InvIT: A preferred vehicle crosses AUM of Rs 4 trillion

InVIT to be a mainstay to achieve National Infrastructure Pipeline The Government has aimed to monetise assets of more than  Rs 6 trillion as per National Infrastructure Pipeline (NIP). InVIT (Infrastructure Investment Trust) will be a mainstay to achieve National Infrastructure Pipeline (NIP) targets for various government departments, explains Vijay Agrawal, Director, Equirus Capital Pvt...

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India Gets 8 New Flying Training Academies

India Gets 8 New Flying Training Academies

India is set to get eight new flying training academies under the liberalised Flying Training Organisation (FTO) policy of the Airports Authority of India (AAI). These academies will be set up at Belagavi, Jalgaon, Kalaburagi, Khajuraho and Lilabari. The set-up of these eight FTOs is aimed at making the country a global flight training hub...

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Nod for 24×7 ops at Surat airport

Nod for 24×7 ops at Surat airport

While the Airports Authority of India (AAI) has approved for 24x7 operations at the Surat airport from October 28, the Bureau of Civil Aviation Security (BCAS) has given a nod to the security clearance of the existing terminal building for commencement of international operations.

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Rajahmundry airport gets green nod for runway extension

Rajahmundry airport gets green nod for runway extension

The Airports Authority of India (AAI) has received environment clearance for extension of runway at Rajahmundry airport in Andhra Pradesh, which is estimated to cost Rs 181.45 crore. The existing airport at Madhurapudi village is currently handling about 12 operations daily and the operating capacity is about 225 passengers an hour.

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Poised to Take Off

Poised to Take Off

Airports are the next infrastructural buzzword that will be the game-changer in India´s developmental leap. This buzzword is expected to be exploited using existing growth drivers like exponential growth in passenger traffic and incremental cargo volumes over the next decade.

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There is huge potential for growth in the air cargo market

There is huge potential for growth in the air cargo market

The reactions are positive and industry is also quite optimistic on the introduction of NCAP 2016. The objective of the government through NCAP is to establish an integrated ecosystem enabling significant growth of the civil aviation sector, which in turn would promote tourism, increase employment and lead to balanced regional growth.