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...
Tag: Airports Authority of India
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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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Aviation Safety Awareness Week 2020 Commences at AAI
Airports Authority of India (AAI) has commenced Aviation Safety Awareness Week 2020. The week-long celebration from November 23-27 is being observed at all airports and air navigation service (ANS) locations managed by AAI across the country.
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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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AAI wins ‘India Pride Award’ for infrastructure development
The Airports Authority of India has won Dainik Bhaskar's ‘India Pride Awards—2016-17’ for ‘Excellence in Infrastructure Development’ in the category of Public Sector Undertaking - Central.
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Rajasthan signs MoU for expansion of Jodhpur airport
A Memorandum of Understanding (MoU) has been signed between the Rajasthan government and other stakeholders for transferring 37 acres of land for development and expansion of the civil airport in Jodhpur.
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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
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
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.
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Govt gets 45 proposals under UDAN
The Centre´s UDAN (Ude Desh Ke Aam Naagrik) scheme, which seeks to boost regional air connectivity, provides for various incentives to airlines with fares for one-hour flights capped at Rs 2,500.