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  • Air India introduces self check-in facility at 26 airports May 12, 2016 07:52 PM IST

    Air India introduces self check-in facility at 26 airports

    The introduction of the self check-in kiosks also known as 'Common Use Self Service' (CUSS) from May 1, reduces significant amount of time for a flier at the airport, Air India said in a release.

  • AAI asks GoAir to pay Rs 15 crore of dues Apr 13, 2016 06:02 PM IST

    AAI asks GoAir to pay Rs 15 crore of dues

    The Mumbai-based no-frills carrier has accumulated these dues to AAI on account charges relating to route navigation, landing and parking at its airports.

  • L&T Infra Debt Fund to raise Rs 400 crore Feb 20, 2016 12:28 PM IST

    L&T Infra Debt Fund to raise Rs 400 crore

    "The company intends to issue secured, redeemable, non-convertible bonds of the face value of Rs 25 lakh each, amounting to Rs 300 crore...on a private placement basis, L&T Infra Debt Fund said in a regulatory filing.

  • GMR Infra rises 4%, to develop Philippines airport on SC order Feb 02, 2016 11:47 AM IST

    GMR Infra rises 4%, to develop Philippines airport on SC order

    The Department of Transportation and Communications (DoTC), Republic of the Philippines had awarded the project to the GMR-Megawide Consortium on BOT basis for 25 years to expand and modernize Mactan-Cebu airport.

  • CG and the CEA to Explore Solar Market Potential in India Jan 27, 2016 05:43 PM IST

    CG and the CEA to Explore Solar Market Potential in India

    Solar PV systems can enhance energy efficiency of Indian airports    Potential of ...

  • Railways to soon invite bids for modernisation of stations: FM Jan 05, 2016 12:59 PM IST

    Railways to soon invite bids for modernisation of stations: FM

    Addressing the foundation day of India Infrastructure Finance Company (IIFCL), Jaitley said the government has set up the National Investment and Infrastructure Fund (NIIF) and is in touch with global sovereign and pension funds to become partners.

  • Foreign carriers may not get landing rights on demand Dec 24, 2015 06:54 PM IST

    Foreign carriers may not get landing rights on demand

    The thinking on these lines comes against the backdrop of Gulf carriers cornering a large chunk of international air traffic from India because of having landing rights across a number of airports in the country.

  • Airports to invest $8 bn on IT to enhance facilities:Survey Oct 29, 2015 03:39 PM IST

    Airports to invest $8 bn on IT to enhance facilities:Survey

    The annual Airport IT Trends Survey, co-sponsored by Airports Council International (ACI) and SITA in association with Airline Business, also indicated that operators were looking to develop 'smart airports' over the next three years with IT playing a major role in shaping them up.

  • AAI may have to shelve plan to privatise 4 airports Aug 18, 2015 10:09 PM IST

    AAI may have to shelve plan to privatise 4 airports

    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.

  • Transforming Cities, Transforming India: Transport system Jun 26, 2015 05:53 PM IST

    Transforming Cities, Transforming India: Transport system

    This episode of Transforming Cities, Transforming India focuses on local mass transportation system and airports.

  • GMR Infra Q4 net loss seen at Rs 551 cr, power biz may hurt May 28, 2015 06:20 PM IST

    GMR Infra Q4 net loss seen at Rs 551 cr, power biz may hurt

    Analysts say power business profitability may remain adversely impacted. Airports profitability may also get impacted by discontinuation of user development fee (UDF) in Hyderabad airport.

  • No proposal to privatise airports, says Govt Mar 03, 2015 06:12 PM IST

    No proposal to privatise airports, says Govt

    AAI has initiated various steps including development of cargo activities, enhancement of non-aeronautical revenue through revision of rates and awarding of contracts through master concessions, to make loss-making airports viable and profitable.

  • GMR Infra Q3 net loss widens to Rs 638.33 cr Feb 15, 2015 02:00 PM IST

    GMR Infra Q3 net loss widens to Rs 638.33 cr

    The company had posted a net loss of Rs 441.09 crore in the year ago period. Income from operations during October-December quarter of the current financial year rose to Rs 2,761.39 crore from Rs 2,638.35 crore in the corresponding period of the last fiscal

  • New guidelines soon for privatisation of airport operations Oct 26, 2014 01:01 PM IST

    New guidelines soon for privatisation of airport operations

    Somasundaram said the present PPP model, developed during 2005 and 2008, is suitable for airports in metro cities.

  • Helping India soar higher Sep 24, 2014 10:00 AM IST

    Helping India soar higher

    Nalin Jain, President and CEO, South Asia, GE Transportation and Aviation, speaks about the potential the Indian aviation industry holds and how GE is helping this sector soar higher

  • GMR to bid for all 6 airports that govt plans to privatise Mar 12, 2014 07:28 PM IST

    GMR to bid for all 6 airports that govt plans to privatise

    GMR is not planning to tie up with any player as the company feels it will be eligible to bid alone this time. However as per government guidelines on airport privatisation while one single entity can bid for all the airports it can not win in more than two.

  • Invest in infra now; airports likely to see influx: IDFC Dec 30, 2013 11:26 AM IST

    Invest in infra now; airports likely to see influx: IDFC

    Speaking to CNBC-TV18, Satish Mandana, managing partner & chief investment officer, IDFC Alternatives, says the time is right for investing into the infrastructure sector and for acquiring assets.

  • 16 companies line-up to develop Ahmedabad Airport Nov 05, 2013 08:15 PM IST

    16 companies line-up to develop Ahmedabad Airport

    The 16 developers include, GVK, GMR, Tatas, Reliance Infra, Essel Infra and Fraport which had developed the Delhi Airport along with GMR. Sources say even Larsen & Toubro has shown interest for development of other airports.

  • Privatisation of 6 major airports likely ahead of LS polls Oct 21, 2013 09:24 PM IST

    Privatisation of 6 major airports likely ahead of LS polls

    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.

  • India looks at skies to relieve its transport system Oct 11, 2013 08:49 AM IST

    India looks at skies to relieve its transport system

    The Indian aviation regulator says that the current tally of about 800 small aircraft, which includes little piston-engined planes, will expand by 1,000 within the next seven years. But these are still startlingly low numbers for a country of 1.2bn with more dollar billionaires than in the UK.

  • Recovery slower-than-expected for airport operators Sep 20, 2013 06:00 PM IST

    Recovery slower-than-expected for airport operators

    India Ratings & Research (Ind-Ra) says that the five airports managed by private sector concessionaires (JV airports) have witnessed negative yoy growth in domestic passenger enplanements for the first time since recovering from the global financial crisis (2008-2009).

  • AERA rejects GVK proposal to hike UDF at Bengaluru airport Jul 03, 2013 11:06 AM IST

    AERA rejects GVK proposal to hike UDF at Bengaluru airport

    The Airports Economic Regulatory Authority turned down the proposal by the Bengaluru International Airport Ltd- a subsidiary of GVK group to increase user development fee (UDF) by 239 percent for domestic and 79 percent for international departures.

  • PM target's Rs 1.5 lakh cr in PPP projects in 6 months Jun 29, 2013 12:54 PM IST

    PM target's Rs 1.5 lakh cr in PPP projects in 6 months

    The proposals include Mumbai elevated rail corridor (Rs 30,000 crore), two international airports in Bhubneshwar and Imphal (Rs 20,000 crore) and power and Transmission projects (Rs 40,000 crore).

  • India is not imposing restrictions on investments: FM Apr 19, 2013 10:55 AM IST

    India is not imposing restrictions on investments: FM

    Finance minister P Chidambaram on Friday rejected suggestions that India is imposing restrictions on investments and said the country's economy is opening up in a gradual manner.

  • AAI to develop 20 non metro city airports by 2020 Mar 28, 2013 03:02 PM IST

    AAI to develop 20 non metro city airports by 2020

    The Airports Authority of India (AAI) is planning to develop around 20 airports in tier-II-III cities in the next five years, according to a senior official.

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