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  • GVK denies airport business listing reports Mar 18, 2013 10:52 PM IST

    GVK denies airport business listing reports

    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.

  • Govt to focus on low-cost airports: Ajit Singh Feb 06, 2013 03:10 PM IST

    Govt to focus on low-cost airports: Ajit Singh

    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.

  • This is tough time for aviation globally: Cathay Pacific Dec 19, 2012 07:05 PM IST

    This is tough time for aviation globally: Cathay Pacific

    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.

  • Comprehensive devt plan for three Kerala airports Dec 16, 2012 08:58 PM IST

    Comprehensive devt plan for three Kerala airports

    A comprehensive development plan has been prepared for three airports in Kerala, Minister of State for Civil Aviation KC Venugopal said.

  • Expect NIB to be game changer for project clearance: Expert Dec 04, 2012 11:15 AM IST

    Expect NIB to be game changer for project clearance: Expert

    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.

  • AAI to move FinMin again for Rs 3,000 cr bond issue Oct 31, 2012 08:56 PM IST

    AAI to move FinMin again for Rs 3,000 cr bond issue

    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.

  • Kingfisher Air's licence may be cancelled: Ajit Singh Oct 17, 2012 05:52 PM IST

    Kingfisher Air's licence may be cancelled: Ajit Singh

    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.

  • Aviation Min scraps levy at Mumbai, Delhi airports Oct 16, 2012 09:40 PM IST

    Aviation Min scraps levy at Mumbai, Delhi airports

    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.

  • Govt looking into hike in Delhi airport charges: Ahmed May 01, 2012 01:02 PM IST

    Govt looking into hike in Delhi airport charges: Ahmed

    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.

  • Officials upbeat as DMIC project deadline reset to 2017 Apr 10, 2012 05:20 PM IST

    Officials upbeat as DMIC project deadline reset to 2017

    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

  • Kingfisher making cash and carry payments to airports: GMR Apr 10, 2012 11:00 AM IST

    Kingfisher making cash and carry payments to airports: GMR

    Kingfisher Airlines is making regular cash and carry payments to GMR's Delhi and Hyderabad airports, a GMR Group executive said on Tuesday.

  • Kingfisher to pay Rs 260 cr airport dues via ICD Mar 14, 2012 03:54 PM IST

    Kingfisher to pay Rs 260 cr airport dues via ICD

    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.

  • Ruckus Wi-Fi Lands At Airports Around The World Feb 16, 2012 11:58 AM IST

    Ruckus Wi-Fi Lands At Airports Around The World

    More than 40 airports select Ruckus ZoneFlex to address high user densities, hotspots, digital multimedia signage, and staff communication applications.

  • VIP travel services: Are the perks worth the cash? Oct 23, 2011 02:48 PM IST

    VIP travel services: Are the perks worth the cash?

    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?

  • Air India cuts local, intl flights citing lower demand Jun 02, 2011 06:59 PM IST

    Air India cuts local, intl flights citing lower demand

    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.

  • AAI estimates its valuation at Rs 80,000 crore Mar 25, 2011 11:00 AM IST

    AAI estimates its valuation at Rs 80,000 crore

    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.

  • AAI to raise Rs 300 crore to modernise airports Feb 17, 2011 04:47 PM IST

    AAI to raise Rs 300 crore to modernise airports

    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.

  • Delhi, Hyd airports get top rankings of a global body Feb 17, 2011 09:07 AM IST

    Delhi, Hyd airports get top rankings of a global body

    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).

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