Page 3 - Aai

FDI in IPO-bound LIC likely to open up fresh scope for disinvestment

NHAI & AAI, which are not registered as companies, also likely to benefit

Aluminium players say captive plants facing alarmingly depleted coal stock

Seeking government's help, the aluminium industry has also made a plea to earmark at least 25-30 coal rakes per day for economically viable and sustainable industry operations

Canadian court quashes seizure of AAI dues, limits action against Air India

Decisions are part of a judgment delivered by Superior Court of Quebec on pleas by India against separate garnishment orders which led to seizure of over $30 million

Irrespective of vax status, TN to test passengers from at-risk countries

At Chennai airport, T4 terminal is converted into an exclusive area for testing of passengers arriving from these at-risk countries.

Govt likely to remove restrictions on commercial use of AAI land

Of the 136 airports it operates, 107 were in losses due to the pandemic disruption

Govt spending Rs 14,500 crore on airports before 'privatising' them

The government had earlier stated that it would be spending Rs 25,000 crore on all airports across India

Kozhikode airport rescue team was not familiar with Boeing 737: Crash probe

Report on crash that killed 21 people last year recommends Airport Authority of India improve training of airport rescue and firefighting team.

13 airports get approval for privatisation through clubbing model

AAI board okays merging major airports with smaller ones to attract investors

Airlines' group protests GMR proposal to hike fee at Hyderabad airport

GMR Group has written to Airports Economic Regulatory Authority seeking an increase of the aeronautical tariffs including User Development Fee.

India requires nearly 1,000 pilots annually to meet traffic growth

New pilot training schools will come up at the Airports Authority of India (AAI)-run airports at Belagavi, Jalgaon, Kalaburagi, Khajurao, and Lilabari

AAI is not part of central govt, liable to pay land tax: Madras High Court

The Airports Authority of India (AAI) is not a part of the Central government and it cannot be absolved from the requirement of paying urban land tax, the Madras High Court has said.

AAI earned Rs 30,069 cr from joint venture and PPP airports till FY21: Govt

The AAI, which works under the Ministry of Civil Aviation, owns more than 100 airports across the country.

AAI issues tenders for construction of 1st phase of Dholera airport in Guj

AAI on Thursday issued tenders for the construction of the first phase of an international airport at Dholera in Gujarat, entailing an investment of Rs 987 crore, according to an official statement

Adani completes purchase of 23.5% stake in Mumbai International Airport

The deal marks a culmination of Adani Group's two-year quest to acquire a stake and gain control of the Mumbai airport.

Delhi HC stops AAI from collecting 38.7% of Mumbai airport's revenue

Verdict a respite for MIAL, which invoked force majeure due to Covid disruptions

Adani Group to take over Ahmedabad airport operations from midnight: AAI

The AAI on Friday completed the procedure to hand over the SVPI Airport, Ahmedabad (Gujarat), to the private player

Rupsi airport ready for commercial flight operations under Udan scheme: AAI

The Rupsi airport in Assam has been redeveloped at an estimated cost of around Rs 69 crore, and it is ready to commence flight operations under regional connectivity scheme Udan, AAI said

AAI hands over Lucknow airport to Adani group on lease for 50 years

The Airports Authority of India (AAI) on Sunday midnight handed over the Lucknow airport to the Adani group on lease for a period of 50 years. The AAI had handed over the Mangaluru airport to the group on October 30 midnight. The central government in February 2019 privatised six major airports of the country -- Lucknow, Ahmedabad, Jaipur, Mangaluru, Thiruvananthapuram, and Guwahati. After a competitive bidding process, the Adani group won the rights to run all of them for 50 years. "On November 2, 2020, at 00:00 midnight, AAI's senior officials exchanged Memorandum & handed over Lucknow Airport @aailkoapt to @AdaniOnline," the AAI said on Twitter. "Shri A.K Sharma, APD (Airport Director), Lucknow exchanged symbolic key in accordance with concession agreement & future development," it added. The AAI had signed concession agreements with the Adani group on February 14 for operations, management and development of the Mangaluru, Lucknow and Ahmedabad airports. On October 22, the

AAI plans to develop 100 airports, waterdromes, heliports by 2024

The scheme aims to provide affordable, economically viable, and profitable air travel on regional routes.

New integrated terminal building at Pune airport to be ready by 2022: AAI

A multi-level car park (ground plus three storeyed +2 basement floors) is also under construction at a cost of Rs 120 crore as part of the airport revamp plan, the AAI said