Page 2 - Aai

SC ruling on user development fee provides guidance for GST, tax on royalty

The SC had held that UDF collected by the DIAL is in the nature of statutory levy and the same would not be taken as consideration against any services

Airports Authority of India plans Rs 4,000-cr capital expenditure in FY24

Building 2 greenfield airports, upgrading 23 existing ones

Tamil Nadu says won't transfer land ownership to AAI for Coimbatore airport

Finance Minister says lease payments to Tamil Nadu should be on market rate if centre transfers land to private firms

IndiGo flies higher even as SpiceJet sputters into a loss in Q4: Brokerages

Traffic in the sector has crossed pre-Covid levels and has sustained in the fourth quarter, which is traditionally a weak season for travel

Thumbs up to safety: US aviation agency rewards top safety rating to India

Category 1 status means that airlines of the country concerned can operate and expand their services to destinations in the US and can codeshare with US carriers

Drunkenness, PDA, grooming in flight, behaviour that irritates passengers

Interestingly, only 28% of the respondents felt that PDA was unacceptable

CPSEs achieve revised capex target of Rs 6.46 trn in FY23: Govt official

Some firms yet to provide their data for March

Aircraft bird hit incidents jump by 52% in 2022, shows DGCA data

Not only bird hits, but animal strike incidents at airports also rose from 23 in 2021 to 36 in 2022, as per data reviewed by Business Standard from the DGCA

SpiceJet Q3 profit surges five-fold to Rs 107 crore as air travel grows

India's SpiceJet Ltd reported a nearly five-fold surge in third-quarter profit on Friday, as the embattled low-cost carrier benefited from soaring demand for air travel

Information provided by KSIDC on Sabarimala airport being analysed

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 ..

Number of airports in country to go up to over 200: Jyotiraditya Scindia

The Civil Aviation Ministry has drawn up plans to boost air connectivity by taking the total number of airports operating in the country to over 200 over the next five-six years under its vision of increasing the 'width and depth of air penetration,' Minister Jyotiraditya Scindia said here on Saturday. Scindia, here on a brief visit, said in its 67 years of independence the country saw only 74 new airports being built while in the last 8.5 years it has been increased to 147 under the Prime Minister Narendra Modi rule. "We are just one short of doubling that number. The 148th airport will be also completed this month itself which means that what India took 66-67 years to build and under the leadership of Prime Minister Narendra Modi that has been done in a period of nine years." he told reporters. Scindia said the Ministry has envisaged to take the number of airports operating in the country to over 200 in the next five to six years. "Another 50 additional airports, waterdromes and

AAI to encourage induction of electric vehicles at airports, develop infra

India is among a handful of countries that support the global EV30@30 campaign, which targets to have at least 30 per cent new vehicle sales be electric by 2030

Civil enclave project at Kanpur Airport to be completed by this year: AAI

The development work of the civil enclave project at the Kanpur Airport, including a new terminal building, at an investment of Rs 143.6 crore is expected to be completed by this year, an official release said on Thursday. Once commissioned, the new terminal building spread in 6,248 sq mt will be able to handle 300 passengers during peak hours with host facilities such as eight check-in counters, conveyor belts for the arriving passengers, the Airports Authority of India (AAI) said. Besides, the apron is being designed to park as many as three A-321 types of aircraft, it said. The airport at Kanpur, which is the commercial capital of Uttar Pradesh and a hub for leather, textiles and defence production, among others, is at present directly connected to Delhi, Mumbai, Bangalore and Gorakhpur, AAI said. "Considering the growth in passenger traffic, AAI has undertaken the development work of civil enclave at Kanpur Airport with enhanced passengers' facilities at a project cost of Rs 14

India's air passenger traffic likely to increase to 827 mn by 2032-33

With the rise in the number of flyers, the government has been taking multiple steps for corresponding growth in the airport infrastructure

India's Airports Authority to procure navigation aid from Russian firm

Purchase will be made in 'national currencies' and the first systems will be shipped before Nov

7 more military airports to increase assistance to civil airlines

Decision could add to friction between the Air Force's military requirements, and the AAI's need to provide infrastructure to airlines

Airport PPPs on a crowded runway; private sector bids could be subdued

Last August, the government announced intent to sell stakes in four privately-run airports (Delhi, Mumbai, Hyderabad and Bengaluru) and lease 25 other airports owned by AAI under NMP

Adani-owned Mumbai International Airport begins revenue sharing with AAI

While DIAL pays 45.99 per cent of its revenues as fees to the AAI, for MIAL it is 38.70 per cent

Boeing develops 10-year roadmap for AAI to modernise air traffic management

The AAI manages the commercial traffic in the Indian airspace. It also runs more than 100 airports across the country.

'400 mn air traffic by FY24, Rs 1-trn investment lined up in airports'

He also defended the government's move to lease out airports to private entities saying the profitability of the Airports Authority of India (AAI) will increase due to this