Payments because of under recovery of revenue in the period when AAI owned the airports
Airports Authority of India achieves 100% capex target in Q1 FY24, earmarking Rs 1000 crore, surpassing other airports.
The company said it has deployed its products at several airports in the past as well. The new dual-view machines are designed and manufactured in India under the Make in India initiative of the government.
When alleged conman Chandrashekhar made video calls to his victims from Tihar, they thought he was calling from his swanky office as that’s what they saw in the background.
Passengers have been complaining on social media of crowding and chaos at major international airports in the country since December 1, when a new set of travel rules were imposed amid concerns over the Omicron variant of the coronavirus.
Addressing a virtual meet on Namo app, Puri said, "I can tell you from my heart the government should not be running airports and the government should not be running airlines."
The official added that the IT team of the AAI is working diligently to resolve the issue.
The AAIB was studying the reasons behind a near miss between aircraft belonging to IndiGo and Emirates in January last year over Nagpur airspace.
The clearance is subject to compliance of general and specific conditions. In a letter issued to the AAI, the Union Environment Ministry said that it has given the green nod to the proposed project to extend the runway and apron to suit C type aircraft and other works at the Swami Vivekananda Airport in Raipur.
The company was forced to suspend work on the project after the Airport Authority of India placed severe height restrictions on the project, asking it to keep the height of the residential tower at 327 metres against the 163 metres that the company had asked for.
Airport Authority of India (AAI) has turned down the request of the Indian Navy to reduce frequency of flights at the Goa International Airport during the summer schedule which comes into force from April.
The Leela, one of the first luxury airport hotels in Mumbai, will have to shut down as the Airport Authority of India (AAI) has commenced eviction proceedings against the property which rests on the land leased by the airport operator.
Finance Minister Arun Jaitley, in his Budget speech earlier this month, said that the Airport Authority of India (AAI) Act will be amended in order to monetize the existing land assets. The revenue generating from this will be utilized for upgradation of airports.
The government‘s strategic disinvestment plans are in place already and the first such disinvestment can happen in the first quarter of next fiscal, said Arvind Panagariya, Vice-Chairman of NITI Aayog. Fiscal deficit at 3.2 percent by the Finance Minister is a great idea.
The Directorate General of Civil Aviation (DGCA) has informed the Bombay High Court that 112 buildings within a four km radius of the domestic and international airports in Mumbai, have come up in violation R
The Chief Minister was speaking at a round-table meeting of representatives of the US companies at Chakan in the district.
Concerned over procedural delays in exports and imports, the government has decided to initiate a joint exercise by officials from the ministries of finance and shipping for expediting the clearance process.
The company bagged an ordrer to establish and operation and maintenance of solar photovoltaic power plant of 5MW capacity from Rashtriya Ispat Nigam - Visakhapatnam Steel Plant.
Airlines have to pay a fee for using various facilities/ services such as route navigation, landing and parking among others to the national airports operator AAI.
Speaking to CNBC-TV18, Anurag Mundra, Joint MD and CFO said that with this order the company has an orderbook of 40 MW and has made bids for 180 MW worth of projects.
"The incentive scheme launched by AAI would reduce the operating cost of the airlines when they operate cargo freighter aircraft. The scheme would go a long way in boosting the growth of cargo at airport and in reducing the cost of oeprating cargo freighters," AAI said in a statement.
The Colaba-Bandra-Seepz metro, which will provide connectivity to major hot spots of the city, including international airport, will pass through Sahar road, domestic airport and terminal T2 international airport, it said.
In an interview to CNBC-TV18, Tulsi Dass Arora, CEO, Era Infra, said the previous quarter results were not very encouraging. However the order book now looks good at over Rs 7,000 crore and the company has been executing various projects.
"Era has received a contract for construction of new integrated terminal building at VSI Airport, Port Blair valuing Rs 314.61 crore by Airport Authority of India (AAI)," said the company in its filing.
The planning commission had circulated a draft master concession agreement which laid down the terms and requirements that any of the private players who are chosen to develop the six airports that the government is looking to privatize would have to meet.