To supply jet fuel to carriers at reduced prices, Airports Authority of India (AAI) will form a joint venture (JV) with local airlines and oil companies and Reliance Industries (RIL) will be a part of it, AAI's Chairman VP Agrawal said on April 16. The Airports Authority of India will own a 13 per cent stake in the JV and the rest will be held by oil companies and airlines, he said.
Tag: Airports Authority of India
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Juhu residents oppose airport plans, may file PIL
In Mumbai, residents around Juhu airport oppose the Airport Authority of India's plan to develop the airport into a commercial airport that supports the operations of 20 ATR aircraft plus private jets. The residents now plan to meet the chief minister and civil aviation minister to present their objections.
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Gannavaram Airport project in AP faces hurdles
Airports Authority of India and the Andhra Pradesh Government entered into a memorandum of understanding in 2007 for the expansion of Gannavaram Airport in Vijayawada, but chances of the MoU turning into reality are bleak in near future.
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Global firms may operate new airports at two metros
The Union government is considering giving the management control of the new Kolkata and Chennai airports, built by the Airports Authority of India, to global operators through a competitive bidding process.
The Union Civil Aviation Minister Ajit Singh said on March 26 that the AAI could set up joint ventures with major foreign airport operators to carry out operations and management of these two crucial metro airports.
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Airports: A Holistic approach needed
In order to cater to its significant growth potential, India will need more airports, increased capacity at existing ones and supporting infrastructure, finance and human resources.
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If the economy gets robust, we would require 200 more airports in the country
Towards creating a better infrastructure in the country, the Airports Authority of India (AAI) is working hard to connect smaller towns with major cities.
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Land required for Tiruchi Airport expansion: AAI
Member (Operations), Airports Authority of India (AAI) GK Chaukiyal has said in Tiruchirapalli on March 27 that the next phase of expansion of the Tiruchi Airport would begin as soon as the required lands are made available by the Tamil Nadu State government. Proposals for the construction of an additional terminal building, to double the passenger handling capacity from the current 400, and a new control tower are under the active consideration of AAI, he said.
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AAI may form JV firm for aviation fuel handling
For aviation fuel handling in India, in the wake of governmentÂ’s decision to allow direct import of aviation fuel by Indian carriers, Airports Authority of India (AAI) will explore setting up of a Joint Venture (JV) company. Apart from AAI, stakeholders in the proposed JV company will be the three public sector oil companies, private oil companies like Reliance Industries, Essar Oil, and airline companies in the country.
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Trichy airport makes profit, AAI denies privatisation
The profit-making Tiruchirappalli/Trichy airport should be provided all its needs, to make it truly international, GK Chaukiyal, member (operations) of Airports Authority of India, said on March 27. Chaukiyal said the AAI was controlling around 125 airports in the country and only 10 or 12 are making profits. However, Chaukiyal denied the Trichy airport was one of the 11 airports listed for privatisation.
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Trichy airport makes profit, AAI denies privatisation
The profit-making Tiruchirappalli/Trichy airport should be provided all its needs, to make it truly international, GK Chaukiyal, member (operations) of Airports Authority of India, said on March 27. Chaukiyal said the AAI was controlling around 125 airports in the country and only 10 or 12 are making profits. However, Chaukiyal denied the Trichy airport was one of the 11 airports listed for privatisation.