Aviation

The Andhra Pradesh Infrastructure and Investment Board has received interest from as many as 13 companies for the development of the Bhogapuram greenfield international airport project. These include Ramky Infrastructure Limited, the Essel Group, the […]

GMR Hyderabad International Airport Limited has issued letters of intent (LoIs) to Larsen & Toubro (L&T) and Megawide Construction Corporation for contracts worth Rs 30.8 and Rs 9.8 billion, respectively, for developing the Hyderabad airport […]

The Ministry of Civil Aviation laid the foundation stone for the Jabalpur (Dumna) airport expansion project on August 23, 2018. The expansion of the airport is estimated to cost Rs 4.3 billion.

The trial landing of a flight from Kalaburagi airport has been conducted successfully. Construction work on the project worth Rs 1.76 billion is being carried out in three packages. Works for installing the airfield lighting […]

Vistara has signed a deal worth over $340 million with GE Aviation for purchasing the latter’s GEnx-1B engines for its Boeing 787 fleet. The engines will be used for the six B787-9 (Dreamliner) aircraft, the […]

Jet Airways has announced the expansion of its code share agreement with Bangkok Airways to open more destinations to passengers in Vietnam, Thailand and India. British Airways has also entered into a new code share […]

Airport operators have rejected the proposal of the Airports Economic Regulatory Authority of India to provide their comments on the comparative study conducted by EY to ascertain the fair rate of return (RoR) earned on […]

The Andhra Pradesh government approved the development of the Bhogapuram Greenfield International Airport Project (Vizianagaram) on a public-private partnership (PPP) basis on June 19, 2018. Besides, the state government has approved a rate of Rs […]

The central government has decided to not go ahead with Air India’s stake sale in the election year 2019-20 and will provide the funds required for its continued operations. The decision was taken during a […]

Vistara has signed preliminary agreements with Airbus and Boeing for purchasing 19 narrow- and wide-bodied aircraft valued at $3.1 billion. The letter of intent signed with Airbus comprises an order for 13 A320 and A321neo […]

The Uttar Pradesh government has signed an MoU with the Yamuna Expressway Industrial Development Authority (YEIDA), and the Noida and Greater Noida industrial development authorities to monitor and fast-track work on the proposed Jewar greenfield […]

Turkish ground-handling firm Çelebi Airport Services has been awarded the licence to run ground-handling operations at the Bengaluru international airport for a concession of 10 years. The concession, which will commence from August 2018, lets […]

The central government has failed to receive expressions of interest (EoIs) from bidders for buying out a 76 per cent equity stake in Air India. Not even a single bidder participated in the bidding process […]

The Airports Economic Regulatory Authority of India (AERA) has proposed a 74 per cent cut in the user development fee (UDF) on both international and domestic flights at the Kempegowda international airport. Currently, passengers are […]

The central government laid the foundation stone for the Deoghar International Airport Project, Phase I, on May 25, 2018. The airport will be developed by the Airports Authority of India (AAI) with the support of […]

L&T Construction has won a contract worth Rs 13.42 billion for the construction of a terminal building and other allied works under the Chennai Airport Modernisation Project, Phase II. The entire project will be executed […]

The Airports Authority of India (AAI) has set a target of Rs 41 billion towards capital expenditure on airport infrastructure during 2018-19, to cater to about 94 per cent of the total projected passenger demand. […]

The MoCA granted site clearance for the development of the New Pune (Purandar) international greenfield airport project on May 8, 2018. The clearance was given based on the recommendations made by the steering committee. With […]

The MoCA has given its in-principle approval for the development of the Jewar greenfield airport project (Greater Noida). The model bid document for the project has been prepared by NITI Aayog and expressions of interest […]

AAI is planning to privatise as many as 15 airports, including the facilities at Chennai and Ahmedabad, as a part of its move to enhance the country’s aviation infrastructure. The government had earlier decided to […]