Mar 18, 2013 10:52 PM IST
GVK Power and Infrastructure, which operates Mumbai and Bengaluru airports today, denied the reports suggesting that the company was looking for overseas listing of its airport business.
- Feb 06, 2013 03:10 PM IST
Government would now focus on developing low cost airports to provide air connectivity to remote and interior areas of the country and encourage growth of regional airlines, Civil Aviation Minister Ajit Singh said today.
- Dec 19, 2012 07:05 PM IST
All airlines, domestic and global, are hurting from the high fees at Indian airports. Tom Wright, GM - S Asia, Middle East & Africa, Cathay Pacific says that while his company took a nearly 14% knock this year on operating margins from airport fees alone, Cathay is increasing its India footprint and hopes to tap the booming India story.
- Dec 16, 2012 08:58 PM IST
A comprehensive development plan has been prepared for three airports in Kerala, Minister of State for Civil Aviation KC Venugopal said.
- Dec 04, 2012 11:15 AM IST
Vinayak Chatterjee, Chairman of Feedback Infrastructure said the Prime Minister's Office (PMO) is likely to decide on the list of projects to be taken under the NIB and the board might focus on specific projects over Rs 1000 crore. He also added that the amendments recommended for the NIB make it more practical.
- Oct 31, 2012 08:56 PM IST
State-run Airports Authority of India (AAI) today said it will soon approach the Finance Ministry afresh with the proposal to raise funds through a Rs 3,000-crore infrastructure bonds to finance modernisation of non-metro airports.
- Oct 17, 2012 05:52 PM IST
Passengers can expect some relief after airport development fee (ADF) is scrapped from January, said civil aviation minister Ajit Singh. He said that Airports Authority of India (AAI) has made around RS 5,000 crore in the last five years by charging ADF at Mumbai and Delhi airports.
- Oct 16, 2012 09:40 PM IST
Air travel will get cheaper from Delhi and Mumbai airports after the civil aviation ministry has scrapped the levy of airport development fees (ADF) on passengers at the at these airports.
- May 01, 2012 01:02 PM IST
India's tourism ministry has taken up with the Prime Minister's office the issue of hike in charges by airports regulator AERA that has made travel costly, hitting budget tourists hard.
- Apr 10, 2012 05:20 PM IST
DMIC CEO Amitabh Kant told CNBC-TV18 that he was confident that the Delhi-Mumbai corridor project will be completed according to the revised deadline of 2017. Experts beg to differ citing difficulty in raising funds and the struggle with policy paralysis
- Apr 10, 2012 11:00 AM IST
Kingfisher Airlines is making regular cash and carry payments to GMR's Delhi and Hyderabad airports, a GMR Group executive said on Tuesday.
- Mar 14, 2012 03:54 PM IST
Kingfisher Airlines owes Rs 260 crore to Airports Authority of India (AAI) for using their infrastructure across airports in the country. However, KFA has assures that it will make payments through inter-corporate deposit (ICD) from UB Group, CNBC-TV18 has learnt.
- Feb 16, 2012 11:58 AM IST
More than 40 airports select Ruckus ZoneFlex to address high user densities, hotspots, digital multimedia signage, and staff communication applications.
- Oct 23, 2011 02:48 PM IST
VIP travel When Chicago attorney Martin McKenzie flies, whether for business or with his family, he wants more than anything to avoid long lines. His aim is always to get through check-in and security in about 20 minutes. services: Are the perks worth the cash?
- Jun 02, 2011 06:59 PM IST
State-run carrier Air India has withdrawn at least 25 flights across domestic and international sectors till June 15, citing lower demand, a spokesman told Reuters.
- Mar 25, 2011 11:00 AM IST
Former Minister for Civil Aviation Praful Patel in 2009 had said that plans for corporatisation of AAI were on cards and the move would help the Authority raise funds for developing various airports in the country, reports PTI. AAI has presently 120 airports under its control of which 85 are operational.
- Feb 17, 2011 04:47 PM IST
In dire need of funds to finance modernisation of several airports, the Airports Authority of India (AAI) has invited bids to raise funds to the tune of Rs 300 crore from the bond market to meet its capital expenditure requirements, its officials said today.
- Feb 17, 2011 09:07 AM IST
The airports of Delhi and Hyderabad have been ranked among the top airports of the world in the airport services quality (ASQ) by the global body, Airports Council International (ACI).