Union Civil Aviation Minister Ajit Singh said the Indian airport sector is likely to attract $12.1 billion worth of investment during the 12th Plan period. Out of this, the minister expects around $9.3 billion from the private sector.
Tag: Civil Aviation
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GPRS-enabled e-payment facility at Begumpet airport
The Airports Authority of India (AAI) has recently commissioned a GPRS-enabled electronic cash transaction facility at the Begumpet Airport in Hyderabad. AAI intends to implement this facility across all airports.
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Take off issues
Regional airports face peculiar problems and require solutions tailored to enhance their economics. There is a need for a multipronged approach to address issues affecting the economies of these airports,
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2nd China Airport Development Summit 2014
The 2nd China Airport Development Summit 2014 will be held on 17th-18th, April in Shanghai, China. The summit organized by China Decision Makers Consultancy (CDMC Events). The summit gathers Government, Authorities, Airport Management Company, Airport Group, Information Technology System, Security System, Architectural Institute, Airport Construction Company, Consultant Company.
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Radar facility at Cochin airport
For its better performance, the Cochin International Airport in Kerala will be equipped with a radar system costing Rs 30 crore and it will become operational soon. The Airport Authority of India (AAI) is conducting final tests and the nod from the Director General of Civil Aviation for commissioning the system is now awaited.
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Port Blair Airport terminal
The Union Minister of State for Civil Aviation KC Venugopal said that the projected date of completion of new terminal building of Veer Savarkar International Airport at Port Blair is December 2017 and is scheduled for commissioning by March 2018.
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Centre requested to fas-track aviation projects in Arunachal
Unconfirmed reports indicate that the central government received a request from the Arunachal Pradesh governor Lt-Gen (Retd) Nirbhay Sharma to expedite civil aviation projects in the state and restore Lilabari Airport as early as possible. In New Delhi, Sharma held a meeting with union civil aviation Minister Ajit Singh to discuss aviation projects in the
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Airline industry is witnessing revival: Ajit Singh
Union Minister for Civil Aviation Ajit Singh said on March 17 that airline industry is witnessing a revival. Addressing the 11th Routes Asia Conference in Mumbai, Singh said various policy measures taken by the government have begun to yield results and hoped that the general aviation business will emerge as a key driver of regional connectivity and economic development.
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Govt to upgrade six airports in Gujarat
In a reply to a question in Rajya Sabha, Union Minister of State for Civil Aviation KC Venugopal informed that around Rs 322 crore would be invested to modernize six airports in Gujarat during the Twelfth Five-Year Plan period (2012-17). These airports are Ahmedabad, Bhavnagar, Jamnagar, Rajkot, Surat and Vadodara. The government woul
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Indian airports need Rs 670 bn investment in 5 yrs
Civil Aviation Minister Ajit Singh informed reporters that according to current estimates, Indian airports would require an investment of about Rs 67,000 crore during the next five years alone of which 75 per cent is likely to be contributed by the private sector. It may be noted that the government approved 15 more airports under the Greenfield Airports policy with majority of them being developed under the public priva