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India's civil aviation sector has witnessed rapid growth over the last ten years and now the aim is to make the country the top global domestic aviation hub, Union minister K Rammohan Naidu said on Friday. The civil aviation sector in India has witnessed rapid growth over the last ten years and the aim should be now to become the number one domestic hub globally, Naidu said. Launching the centenary celebration logo on completion of 100 years of Netaji Subhas Chandra Bose International Airport Kolkata, he noted that the last ten years have been glorious for the civil aviation sector with expansion of several airports and the way the number of passengers has expanded. "Under the leadership of the Prime Minister, we have pushed all the boundaries, and now we are the third largest domestic country a civil aviation hub in the whole world itself, and now we need to take it forward," Naidu said. "We need to break the barriers once again, level up the civil aviation sector in the country,
The cumulative capex (capital expenditure) of Indian airports is expected to grow 12 per cent at Rs 60,000 crore in the three years through FY27 from Rs 53,000 crore during 2022-2024, to add required infrastructure for about 65 million passengers per annum, ratings agency CRISIL said on Thursday. CRISIL said 70 per cent of this capex is expected to be funded through debt. The ratings agency said its projections are based on a study of 11 private airports in the country that account for 60 per cent of the total passenger traffic in FY24. In addition to the expected growth in passenger traffic, increase in tariffs and spending within the airport ecosystem will lift revenue of private Indian airports at an average growth rate of 17 per cent between FY25 and FY27, it said. That, coupled with improved funding access and a predictable regulatory regime, will support the strong credit profiles of private airports. "The number of passengers at Indian airports is expected to clock a compou
The government has roped in the Central Building Research Institute (CBRI) to advise airport operators on the structural aspects of airports, according to a senior official. The move comes against the backdrop of the collapse of a canopy at the old departure forecourt of Terminal 1 (T1) at the Delhi airport in June. During the same month, there were also similar incidents at Jabalpur and Rajkot airports. Following the Delhi airport incident, the ministry decided to conduct a study of the structural aspects of T1 while state-owned Airports Authority of India (AAI) was asked to carry out an inspection of the structural strength of all minor and major airports. The senior civil aviation ministry official told PTI that Roorkee-based CBRI has been roped in for advising airport operators on the various structural aspects of the airports. The ministry is also planning to organise a technical workshop by CBRI for the airport operators. The official said the ministry is examining the repor
The Supreme Court on Friday closed the proceedings on a curative plea of the Centre and the Airport Authority of India against its verdict allowing private firm GMR Airports to upgrade and operate Nagpur's Babasaheb Ambedkar International Airport. The top court's decision was taken after taking note of the independent professional opinion of Solicitor General Tushar Mehta that the curative plea of the Centre and the AAI did not fall under one of legal parameters prescribed for entertaining such pleas. The curative plea is the last legal recourse available to a litigant and it was devised by the top court by a 2002 judgement in the Rupa Ashok Hurra case and such a plea, after the dismissal of the main case and the review petition, can be filed if there are certain violations. They are that there should be a violation of the principle of natural justice, apprehension of bias and the abuse of judicial process. On Friday, the top law officer told a special four-judge bench of Chief ...
Airports Authority of India (AAI) is saving around Rs 515 crore annually in terms of running cost of six airports that have been on lease under the public private partnership since 2018, according to the civil aviation ministry. Six airports -- Mangaluru, Lucknow, Ahmedabad, Thiruvananthapuram, Jaipur and Guwahati -- were leased out under the Public Private Partnership (PPP) in 2018. At the present valuation, AAI has incurred an expenditure of around Rs 2,767 crore at these six airports prior to handing over them to the PPP concessionaire. The cost included capital work in progress and Regulated Asset Base (RAB) in aeronautical and non-aeronautical assets. "As per the concession agreement of 6 PPP airports, the concessionaire has paid this amount in the form of upfront fee. This amount is subject to the requisite reconciliation, true-up and final determination by Airports Economic Regulatory Authority of India (AERA) of the quantum of such investment," Minister of State for Civil .
The Airports Authority of India (AAI) has begun an investigation into the incident of fire at the Kolkata airport, officials said on Thursday. The fire broke out at the check-in area of the Netaji Subhas Chandra Bose International Airport around 9.12 pm on Wednesday, leading to chaos and panic among passengers, they said. West Bengal Fire Services Minister Sujit Bose earlier told PTI, "Initially, it seems that some fault related to the air conditioning system caused the fire." The exact reason behind it will be known after an investigation, he had said A probe has been started into the incident of fire, an AAI spokesperson said. The fire was doused by 9.40 pm, and check-in service resumed at 10.25 pm, officials said. No one was injured in the mishap, they said, adding that no arriving flight was delayed.
The civil aviation ministry on Monday said various information, including about land availability, provided by the Kerala government's KSIDC with respect to the proposed Sabarimala airport are being analysed. In June 2020, the Kerala State Industrial Development Corporation (KSIDC) had submitted a proposal under Greenfield Airports (GFA) Policy to the ministry for grant of site clearance for development of the Sabarimala airport in the state. The KSIDC's proposal was considered in consultation with the Airports Authority of India (AAI), Directorate General of Civil Aviation (DGCA), Ministry of Defence (MoD) and KSIDC, as per GFA Policy. "Based on the observations of AAI and DGCA, KSIDC was requested to submit a Techno-Economic Feasibility Study (TEFS) Report. The Final TEFS report was submitted by KSIDC in June 2022 and the same was shared with AAI and DGCA," Minister of State for Civil Aviation V K Singh said in a written reply to the Rajya Sabha. According to the minister, the ..