Aug 19, 2015 08:12 PM IST
A decision in this regard was taken last month during a high-level meeting that was attended by Prime Minister Narendra Modi, Civil Aviation Minister Ashok Gajapathi Raju and his deputy Mahesh Sharma, among others.
- Aug 19, 2015 09:26 AM IST
Not a single passenger has passed through the gates of an airport big enough to handle more than 300,000 travellers a year, with parking bays for three 180-seater narrow-body jets.
- Aug 18, 2015 10:09 PM IST
A final decision on whether to scrap the privatisation process entirely will be taken by the end of this month since August 31 is the deadline for bidders to submit RFQs.
- Aug 09, 2015 07:39 PM IST
The finance ministry, according to a senior official, has suggested to the Department of Public Enterprises that listing clause be made mandatory under the new MoU norms for public sector units (PSUs).
- Jul 31, 2015 10:43 AM IST
AAI had clocked revenues at Rs 1,956.44 crore in 2013-14. In a written reply to the Rajya Sabha, Minister of State for Civil Aviation Mahesh Sharma said AAI generated a provisional Rs 2,150.34 crore revenues in 2014-15.
- Jul 13, 2015 10:19 PM IST
Government is back to the drawing board on the issue of easing norms for international operations by domestic airlines, with the Civil Aviation Ministry deciding to put the proposed norms in public domain for consultations.
- Jun 04, 2015 06:14 PM IST
GVK's Mumbai International Airport Pvt Ltd (MIAL) is a Public Private Partnership (PPP) 74:26 joint venture between GVK-led consortium and Airports Authority of India (AAI).
- May 26, 2015 08:19 AM IST
With the offloading of its entire 10 percent holding to GMR Airports Limited (GAL) in Delhi International Airport Limited (DIAL), the Malaysian firm has exited the venture. Earlier, GAL had said it would be purchasing the additional shareholding in DIAL for USD 79 million.
- May 22, 2015 07:57 AM IST
There is an apparent tussle between the Prime Minister's Office (PMO) and the Central Bureau of Investigation (CBI) as the former is upset over the unnecessary enquiries being conducted into business deals, sources informed on Thursday.
- May 11, 2015 10:04 PM IST
GMR's Delhi International Airport is finding itself in the Comptroller & Auditor General's cross-hairs once again. This time, sources say the CAG wants a special audit to see if the Airports Authority of India is losing out on revenues, reports CNBC-TV18‘s Sindhu Bhattacharya and Malvika Jain.
- Apr 01, 2015 06:22 PM IST
"SpiceJet has paid a part payment of Rs 25 crore to the Airports Authority of India towards the dues it had accumulated due to the cash crunch last year," sources told Media here on Wednesday. The AAI received the part payment of around Rs 300 crore dues yesterday, they said.
- Mar 23, 2015 10:03 PM IST
AAI Chairman RK Shrivastava said the authority is trying to fast track the request for proposals (RFPs) for this process but needs to address HR issues first.
- Feb 16, 2015 09:43 PM IST
Alleging that the privatisation of Delhi and Mumbai airports during the UPA regime was a big "scam" and that Civil Aviation Ministry had "closed down" old airports at Bangalore and Hyderabad without approval of the AAI board, Ahlawat said the government now wants to hand over four more airports, already modernised by AAI, to the private players.
- Jan 21, 2015 12:19 PM IST
Shares of SpiceJet today tumbled nearly 8 percent after Mumbai Airport asked the budget carrier to immediately pay the pending dues of Rs 5 crore and provide a bank guarantee of Rs 15 crore.
- Jan 21, 2015 06:26 AM IST
Mumbai Airport on Tuesday asked budget carrier SpiceJet to immediately clear its dues amounting to Rs 5 crore and provide bank guarantee of Rs 15 crore, an issue the airline claimed has been "sorted out".
- Dec 31, 2014 01:24 PM IST
Cash-strapped carrier SpiceJet extended its cancellations till next month affecting over 300 flights, but the government made it clear that the airline will have to itself resolve its financial woes.
- Nov 10, 2014 12:42 PM IST
AAI, a Miniratna Public Sector Enterprise, manages 125 airports across the country, including 11 International, 81 domestic and eight Customs Airports. It also manages 25 Civil Enclaves at Defence Airfields.
- Feb 07, 2014 09:35 AM IST
GVK's debt in Mumbai International Airport Pvt. Ltd (MIAL) currently stands at Rs 7,900 crore. MIAL is a joint venture between the GVK led consortium (74 percent) and Airports Authority of India (26 percent).
- Jan 27, 2014 04:50 PM IST
The restrictions on the fully double-decker planes were lifted after weeks of consultation between Directorate General of Civil Aviation, Air India and Airports Authority of India.
- Jan 24, 2014 12:14 PM IST
VP Agarwal was apparently â€˜opposing' the privatisation of six more airports, including Kolkata and Chennai.
- Jan 03, 2014 07:49 PM IST
Sources say that while the revenue share model in the MCA for the private developers have been finalised it is still awaiting legal vetting.
- Oct 22, 2013 05:54 PM IST
The employees associated with various unions of AAI have formed a joint forum and started the three-day-long strike in front of the Civil Aviation Ministry at Rajiv Gandhi Bhawan here and at AAI offices across the country
- Oct 21, 2013 09:24 PM IST
The Ministry's move to hand over these airports, developed by the Airports Authority of India (AAI), through public-private partnership in the next 2-3 months to private parties suffered a setback with the sale of bid documents for Chennai and Lucknow airports being postponed by several weeks.
- Oct 15, 2013 04:41 PM IST
The company's revenue rose 8.4 percent (up 17.4 percent Y-o-Y) to Rs 587.3 crore during September quarter from Rs 541.9 crore in June quarter, led by strong growth in US.
- Oct 08, 2013 01:13 PM IST
Employees held placards and shouted slogans at Chennai airport against the move on a day when seven officials of a company from France, which is believed to be acquiring the facility.