Investors eyeing stake in Mumbai airport

November 2016

Reportedly, TPG Capital, Temasek, CPP Investment Board and Fairfax Financial Holdings have shown interest in acquiring about 49 per cent stake in Mumbai International Airport Limited (MIAL) from the GVK Group. The funds are likely […]

SPV formed for Mopa airport development works

November 2016

GMR Airports Limited (GAL) has formed a special purpose vehicle (SPV) – GMR Goa International Airport Limited – to undertake the development of the Mopa International Airport project. The SPV will raise funds for project […]

AERA to adopt hybrid-till model

November 2016

The Airport Economic Regulatory Authority (AERA) has reportedly started the adoption of hybrid till approach for computing airport fees and will hold discussions with airlines and airport operators soon seeking their views. The move is […]

RCS fund levy to be set based on demand

November 2016

Following the launch of the UDAN (Ude Desh ka Aam Nagrik) scheme, the Ministry of Civil Aviation (MoCA) has announced that the quantum of levy for funding the Regional Connectivity Scheme (RCS) will be determined […]

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