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Delhi International Airport (DIAL) has plans to invest about Rs 9,000 crore in the second phase of capacity expansion, which is set to concluide by 2022. Officials, however, did not reveal how the money was to be raised, though they indicated that a large portion will be either from banks or via debt instruments. The […]

Full service carrier Vistara, which is preparing to fly overseas, has received Rs 2,000 crore from Tata Sons and Singapore Airlines, according to a regulatory filing. The airline, majority-owned by Tatas, commenced operations more than three years ago and currently has a fleet of 22 planes. On October 12, the board of Vistara approved allotment […]

Analytics Center of Excellence will support a business intelligence and advanced data analytics platform for BIAL to consolidate and rationalize the Kempegowda International Airport, Bengaluru’s strategic, tactical and operational reporting and enable the airport staff to make faster and better-informed business decisions. This is aimed at helping air travellers board their flights faster and enhance […]

Wadia group-owned airline announced its maiden international flights to Phuket and Male from Mumbai and Delhi from October. GoAir will enter into codeshare partnerships with foreign airlines for its overseas routes, the airline’s Chief Executive Officer Cornelis Vrieswijk said on Thursday. Wadia group-owned airline on Thursday announced its maiden international flights to Phuket and Male […]

GMR Infrastructure is evaluating options to bid for a €3.9-billion, project to develop and manage Sofia airport, Bulgaria’s largest, 2 people familiar with the matter said. According to the tender document and Bulgarian transport minister Ivaylo Moskovski’s statements from last year, the 35-year concession agreement also entails annual fees of not less than €7.7 million […]

GVK-led Navi Mumbai International Airport (NMIA) has sought expressions of interest from companies for construction, procurement and engineering at airport project. “Scope of work includes but won’t be limited to the cut and fill works, construction of terminal building, airfield works including runway, apron, other airside infrastructure and facilities, landside infrastructure including roadway network, ancilliary […]

Reliance Infrastructure has been declared as the lowest bidder and is close to bagging an order for construction of an airport at Hirasar in Gujarat‘s Rajkot district entailing an investment of Rs.650 crore. Winning bidder emerged the lowest in a tender floated by the Airports Authority of India (AAI) for the construction of the project. […]

Government has proposed a new financial model for building greenfield airports to address the concern of cost of air travel and disputes related to tariff in country. As per the new proposal, the concession fee given by the airport operator to the concessioning authority will be based on a ‘per passenger aeronautical model’. Also, the […]

Airports Authority of India (AAI) envisages construction of a terminal building at Leh in Ladakh district of Jammu and Kashmir. The terminal will be built over 16,500 square meter of land. In the month of May 2018, tenders were floated for construction of a terminal building and associated works of the project. As per the […]

Construction work of Sindhudurg airport in Maharashtra will be completed by August 2018. As much as 80% of the construction work has been completed. Additionally, work on taxi way, apron and isolation bay has already been completed. Project is being constructed by IRB Sindhudurg Airport on a design, build, finance, operate, transfer basis for the […]