State-run fuel retailer IndianOil Corporation (IOC) is not in favour of the government's suggestion to merge the pipelines and aviation assets of all the three public sector oil marketing companies (OMCs). IOC does not like the the government interfering in these matters since these are commercial decisions. A top o
Tag: aviation
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UP govt works on fresh bidding for Kushinagar airport project
Uttar Pradesh government has undertaken a fresh bidding process for the proposed Rs 354 crore airport project at Kushingar in eastern Uttar Pradesh. The government made necessary changes in the bidding conditions after the bidding in 2010 failed to evoke strong response because
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UP govt works on fresh bidding for Kushinagar airport project
Uttar Pradesh government has undertaken a fresh bidding process for the proposed Rs 354 crore airport project at Kushingar in eastern Uttar Pradesh. The government made necessary changes in the bidding conditions after the bidding in 2010 failed to evoke strong response because
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UP govt works on fresh bidding for Kushinagar airport project
Uttar Pradesh government has undertaken a fresh bidding process for the proposed Rs 354 crore airport project at Kushingar in eastern Uttar Pradesh. The government made necessary changes in the bidding conditions after the bidding in 2010 failed to evoke strong response because
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Air India to repay part of debt by raising funds
In order to reduce its interest outgo on the current dues, Air India plans to repay some of its debt that carry high interest rate. As part of this initiative, the airline plans to borrow Rs 900 crore from banks through issue of bonds. The amount would be used to repay a part of its debt. Air India is said to owe around Rs
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AAI to inaugurate new terminal by Dec
Airports Authority of India (AAI) would inaugurate the new domestic terminal at the Biju Patnaik airport in Bhubaneswar by December end, said Sharad Kumar, director AAI-Bhubaneswar
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Centre plans to develop Jhansi Airport
In order to promote tourism and thus the economic and social development of Bundelkhand, union government plans to develop Jhansi airport for civil oper
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Madhya Pradesh govt mulls air cargo hub
Madhya Pradesh government may use public private partnership (PPP) model to set up an air cargo hub either at Bhopal or at Indore on over 500 hectare.
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AAI seeks funds to keep growth pace
Airports Authority of India (AAI) has sought additional funding to keep pace with the fleet and traffic expansion expected in India over the next five years. AAI, which invested around Rs 1,200 crore in modernisation projects last year,
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IndiGo order: The best laid planes
IndiGo made history in the world of commercial aviation with the largest single firm order for big jets ever placed, but says it has not decided how it will finance the deal.