Tag: Airports Authority of India

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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.

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Govt gets 45 proposals under UDAN

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.

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New international airport at Purandar

New international airport at Purandar

The initial cost for the proposed Chhatrapati Sambhajiraje Pune International Airport at Purandar is expected to be approximately Rs.2,000 crore, Vishwas Patil, managing director of the Maharashtra Airport Development Company (MADC), told the media

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Govt, AAI ink deal for Patna airport revamp

Govt, AAI ink deal for Patna airport revamp

The Airports Authority of India (AAI) and the Bihar government have agreed in principle on exchanging 13.5 acres of land for expansion of PatnaÂ’s Jayaprakash Narayan International Airport terminal building. AAI will spend Rs 850 crore on the new two-storey building with aerobridges.

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Airports Authority of India launches a cargo subsidiary

Airports Authority of India launches a cargo subsidiary

State-owned airports operator Airports Authority of India (AAI) has launched a cargo subsidiary.
The company, to be called AAI Cargo logistics and Allied Services Company Ltd, will be 100 per cent owned by AAI. It will have an equity base of Rs 20 crore and staff strength of 60 people to begin with.