Page 3 - Airport Authority Of India

SAIL inks pact with AAI for initiation of commercial flights from Rourkela

State-owned SAIL on Friday said that it has entered into a pact with Airport Authority of India (AAI) for facilitating the start of commercial flights from Rourkela in Odisha. Steel Authority of India Ltd (SAIL) has signed the operation and management contract with AAI through its unit Rourkela Steel Plant. The public sector enterprise had in 2018 signed a Memorandum of Understanding (MOU) for use of its own airport, under the regional connectivity scheme UDAN, for operation of commercial flights. The civil aviation ministry has rendered financial support for the upgradation of this airport. The Odisha government will deliver security, fire and ambulance services besides assisting with other local clearances. AAI, on behalf of SAIL - Rourkela Steel Plant, will operate and manage the airport. Regional Connectivity Scheme (RCS) -UDAN, a flagship project of the central government launched by the civil aviation ministry, envisages enhancing the regional air connectivity by providin

172 workers at 56 airports found drunk on duty between Jan-July: DGCA

However, Bengaluru airport's operator BIAL gave a different set of data to Business Standard

As traffic rises, Kanpur airport to get new terminal building and apron

The development project includes construction of a new terminal building, and apron suitable for parking of three A-321 type of aircraft, the AAI said in a statement

AAI seeks waiver of mandatory annual dividend payment for 2021-22 fiscal

Airports Authority of India (AAI) has requested the government to waive the compulsory dividend payment requirement for the financial year ended March 2022

Greenfield airport in Rajkot expected to be ready by March 2023: AAI

The airport will be spread over 2,534 acres and its location is approximately 30 kilometres from Rajkot city, the Airports Authority of India (AAI) said in a statement.

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

SpiceJet flights stopped by Delhi ATC for non-payment of airport user fees

AAI has put SpiceJet on 'cash and carry' mode since 2020, due to the airline's inability to clear airport dues

AAI starts collecting dues from foreign airlines directly as navigation fee

Process changed after Indian organisation's $29 million was seized in Europe in the Devas arbitration matter.

14 Indian airports get ambulift to aid physically challenged passengers

Made-in-India ambulifts have been deployed at these airports as they do not have aerobridge facilities, the AAI said in a statement on Wednesday

AAI received Rs 13k cr revenue from Delhi, Mumbai airports in 5 yrs: Govt

Under Public Private Partnership (PPP), Delhi and Mumbai airports were handed over to the private partners in 2006

Deutsche Telekom seizes $12.7-mn AAI dues on Swiss court order

Three Devas Multimedia investors had secured seizure of AAI and Air India's dues last year. In Jan, Superior Court of Quebec in Canada set aside seizure of AAI dues, capped Air India dues at 50%

Canada court orders seizure of Air India, AAI dues on Devas investors' plea

Devas shareholders have initiated action against govt to enforce $111 million arbitration award

AirAsia India says paid all dues to Airports Authority from Sep 2021

AirAsia India said on Wednesday it has paid all its dues to the Airports Authority of India (AAI) and the airline was making all payments as per credit terms on due dates from September 2021.

6 brownfield Adani airports could help AAI make Rs 650 crore annually

The Adanis have already signed up concession agreements from late December 2020 to run the airports

Govt to monetise 25 airports over four years, to fetch Rs 20,782 crore

The government holds 26 per cent stake each in Mumbai and Delhi airports and 13 per cent stake in Hyderabad and Bengaluru airports

Mayday in April

Aviation experts and analysts said that the second wave was likely to be crippling for a sector that was already gasping for air

BS READS: Rs 10,000-cr hit behind govt plan to sell Delhi, Mumbai airports

With the golden geese laying golden eggs no more, the Modi government's decision to sell Delhi and Mumbai airports could well save it from flogging a dead horse in the coming years

Saurabh Garg appointed UIDAI CEO, Sanjeev Kumar to be AAI chief

Senior bureaucrat Saurbah Garg has been appointed as the CEO of Unique Identification Authority of India (UIDAI) as part of a bureaucratic reshuffle effected by the Centre on Thursday

Six companies win bids to build flying training schools at AAI airports

AAI had bid airports at Belagavi, Jalgaon, Kalaburagi, Khajuraho, Lilabari as part of new policy to buttress its revenue

Centre's plan to club unviable airports unlikely to enthuse investors

Airport monetisation is a crucial component of the Centre's aggressive asset monetisation plan unveiled by Union Finance Minister Nirmala Sitharaman in the Budget for 2021-22