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Airports Authority Of India

The aim is to make India a top global domestic aviation hub: Minister Naidu

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 aim is to make India a top global domestic aviation hub: Minister Naidu
Updated On : 13 Dec 2024 | 4:12 PM IST

Cumulative capex of airports to grow 12% at Rs 60,000 cr in 3 yrs: Report

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

Cumulative capex of airports to grow 12% at Rs 60,000 cr in 3 yrs: Report
Updated On : 12 Dec 2024 | 4:03 PM IST

GMR can now run Nagpur Airport; curative petitions of Centre, AAI dismissed

He added that he personally thinks the curative petitions were not maintainable as they did not meet the threefold requirements of bias, lack of hearing, or any other analogous grounds

GMR can now run Nagpur Airport; curative petitions of Centre, AAI dismissed
Updated On : 27 Sep 2024 | 10:57 PM IST

Union Cabinet approves airport projects in West Bengal and Bihar

Second Patna airport to cost Rs 1.4K cr; new Bagdogra terminal gets Rs 1.5K cr

Union Cabinet approves airport projects in West Bengal and Bihar
Updated On : 16 Aug 2024 | 11:09 PM IST

DGCA probes AI Express crew strike that caused flight cancellations

Aviation regulator DGCA is investigating the Air India Express cabin crew strike incident in May that had resulted in several flight cancellations and the airline will be penalised in case there were any non-compliance with regulations, Civil Aviation Minister K Rammohan Naidu said on Thursday. In response to queries in the Lok Sabha related to flight cancellations, Naidu said the ministry was ensuring that there were no cancellations and delays as he emphasised that Civil Aviation Requirements (CARs) were in place to ensure that passengers received compensation. "We acknowledge that there has been an issue with Air India Express There were some internal issues with the crew as Air India Express was merging with AirAsia India and a mass strike happened (on May 7)," the minister said during the Question Hour. There were a lot of cancellations due to the strike. "Once this issue started, the ministry got involved, DGCA (Directorate General of Civil Aviation) facilitated a lot of ...

DGCA probes AI Express crew strike that caused flight cancellations
Updated On : 25 Jul 2024 | 1:11 PM IST
Updated On : 20 Jul 2024 | 10:07 PM IST

Navi Mumbai airport to be operational in March 2025: MoS Murlidhar Mohol

Minister of State for Civil Aviation Murlidhar Mohol on Saturday said the Navi Mumbai International Airport is slated to commence operations in March 2025. Union Civil Aviation Minister Kinjarapu Rammohan Naidu and Mohol visited the airport site and reviewed the progress of the ongoing work. "Going by the progress of the work, the airport will be operational in March next year. It will enhance connectivity with neighbouring Mumbai, Pune, Thane, Kalyan, and western Maharashtra," Mohol said, highlighting its international standards and anticipated annual footfall of nearly 20 million passengers. He expressed positivity towards naming the airport after late PWP leader DB Patil. He also assured that issues about compensation for project-affected persons (PAP) would be resolved through discussions with management. "We are committed to ensuring that people who have contributed land for the airport project are not displaced," the minister clarified, emphasising the government's awareness

Navi Mumbai airport to be operational in March 2025: MoS Murlidhar Mohol
Updated On : 13 Jul 2024 | 12:41 PM IST

India to double airports to 300 by 2047 amid surging passenger traffic

AAI's draft plan indicates 70 airstrips could be developed into airports capable of handling narrow-body aircraft such as the A320 or B737, while 40 airstrips could be upgraded for smaller aircraft

India to double airports to 300 by 2047 amid surging passenger traffic
Updated On : 12 Jul 2024 | 10:20 AM IST

World's 10 best airports for 2024: Qatar's Hamad Int'l Airport ranks first

The data analysis spans from May 1, 2023, to April 30, 2024, and includes 17,550 airport ratings that were collected by surveying passengers from 64 countries about their most recently used airports

World's 10 best airports for 2024: Qatar's Hamad Int'l Airport ranks first
Updated On : 09 Jul 2024 | 11:09 AM IST

51 flights cancelled, 27 diverted at Mumbai airport; train services hit too

City records heaviest single-day July rainfall since 2019

51 flights cancelled, 27 diverted at Mumbai airport; train services hit too
Updated On : 08 Jul 2024 | 11:20 PM IST

Delhi airport roof collapse raises concerns over India's massive infra push

The disaster at the very least suggests poor maintenance and gives Modi's critics fresh fodder to attack his record

Delhi airport roof collapse raises concerns over India's massive infra push
Updated On : 29 Jun 2024 | 8:59 AM IST

Delhi airport Terminal 1 shut after roof collapse; 1 dead, 6 injured

Aviation ministry orders comprehensive structural inspections at airports across India

Delhi airport Terminal 1 shut after roof collapse; 1 dead, 6 injured
Updated On : 28 Jun 2024 | 11:22 PM IST

Noida airport faces delay, to start commercial flights by April 2025

The airport was expected to start commercial flights in December this year

Noida airport faces delay, to start commercial flights by April 2025
Updated On : 24 Jun 2024 | 11:30 PM IST

Post-pandemic travel boom to sustain high airfares, says new AirAsia boss

The global aviation industry has been transformed as the post-pandemic reopening unleashed a wave of pent-up travel demand that's sent ticket prices surging faster than inflation

Post-pandemic travel boom to sustain high airfares, says new AirAsia boss
Updated On : 24 Jun 2024 | 7:20 AM IST

IndiGo flight from Chennai to Mumbai receives bomb threat; lands safely

IndiGo, in its statement, said that all the passengers were safely disembarked from the aeroplane

IndiGo flight from Chennai to Mumbai receives bomb threat; lands safely
Updated On : 19 Jun 2024 | 9:09 AM IST

Global airlines bet big on India, expect it to be hottest travel market

The domestic air travel market in India is expected to double to 300 million passengers from a record 152 million in 2023, according to government data

Global airlines bet big on India, expect it to be hottest travel market
Updated On : 14 Jun 2024 | 2:38 PM IST

IndiGo aircraft lands before AI plane could take off at Mumbai airport

DGCA derosters air traffic control officer involved in the incident; starts probe

IndiGo aircraft lands before AI plane could take off at Mumbai airport
Updated On : 09 Jun 2024 | 12:19 PM IST

Indian airport industry's profit expected to grow 35% in FY25: Consultancy

Major domestic airlines can become world class carriers, says senior executive of CAPA India

Indian airport industry's profit expected to grow 35% in FY25: Consultancy
Updated On : 07 Jun 2024 | 10:52 PM IST

India aviation industry losses to widen to $400-600 mn in FY25: CAPA India

Despite infrastructure limitations, India is currently the world's fastest-growing aviation market with demand surpassing the supply of jets

India aviation industry losses to widen to $400-600 mn in FY25: CAPA India
Updated On : 05 Jun 2024 | 1:08 PM IST

AAI expects net profit of Rs 3,257.28 cr in 2023-24, highest in 8 yrs

As the passenger footfalls are rising across the country, the AAI is expecting a substantial increase in the concession fees from eight privatized airports in India

AAI expects net profit of Rs 3,257.28 cr in 2023-24, highest in 8 yrs
Updated On : 14 Mar 2024 | 12:13 AM IST