The Karnataka cabinet granted administrative approval to the DPR of the Raichur airport project on March 30, 2022. The project involves the development of a greenfield no-frills airport at Raichur on 402 acres of land […]
According to the Airports Authority of India (AAI), Indian airports could witness the total number of domestic and international passengers return to pre-Covid levels by the end of financial year 2023. AAI has estimated a […]
Domestic air passenger traffic in India grew by 35 per cent to 10.6 million in March 2022 as compared to 7.8 million in March 2021. The capacity deployment of airlines rose to 80,217 in March […]
Navi Mumbai International Airport Private Limited (NMIAL), a subsidiary of Adani Enterprises Limited, has achieved financial closure for the Navi Mumbai International Airport project. The State Bank of India has underwritten the entire debt requirement […]
The Maharashtra government transferred funds worth Rs 260 million for runway extension work under the Kolhapur airport expansion project on March 21, 2022. The same are likely to be used for the acquisition of […]
On April 5, 2022, the Greater Noida Industrial Development Authority allocated funds worth Rs 3.5 billion for the Noida (Jewar) International Airport under the 2022-23 budget. Meanwhile, around the same time, the New Okhla Industrial […]
Construction work on Phase I of Deoghar International Airport has been completed. With this, commercial operations are likely to commence soon. The project involves the development of an airport in Deoghar in the state of […]
According to the rating agency ICRA, domestic air passenger traffic increased 19 per cent month on month in February 2022, amidst a decline in Covid-19 cases. However, domestic air passenger numbers in February 2022, at […]
The government will reportedly start working on selling the ground handling arm of erstwhile national carrier Air India, and the notice inviting expressions of interest is expected in the next fiscal year (2023-24). Currently, four […]
International flights to and from India are set to resume fully from March 27, 2022. This comes two years after the country imposed a total ban on them to curb the spread of Covid-19 cases. […]
The government recently approved the detailed project report (DPR) submitted by Andhra Pradesh Airports Development Corporation Limited for Phase I of work on Nellore airport, in public-private partnership (PPP) mode. Though the process of land […]
The Airports Authority of India has started construction work on Maryada Purshottam Sriram Airport in Ayodhya. The first phase of the project, for which Rs 1.5 billion has been allocated, will reportedly be completed in […]
The Pune airport expansion project has received a major boost after the Ministry of Defence agreed to lease 2.5 acres of defence land, as well as grant permission to begin work on the cargo terminal […]
The newly constructed arrival terminal T1 at Delhi’s Indira Gandhi International Airport became operational on February 24, 2022. The new arrival terminal welcomes passengers with a new and enhanced arrival experience. It includes a new […]
According to rating agency ICRA, domestic air passenger traffic plunged around 43 per cent month on month to stand at 6.4 million in January 2022 as the third wave of the Covid-19 pandemic and the […]
The government has revised the guidelines for international arrivals, removing the category of at-risk countries. The guidelines will come into effect from February 14, 2022. All foreign arrivals must fill a self-declaration form online (available […]
On February 10, 2022, MoCA reported that AAI and other airport developers have targeted a capital outlay of Rs 910 billion in the sector over the next five years. The outlay will be towards the […]
On January 27, 2022, the Tata Group officially took over Air India from the government. The strategic disinvestment transaction of Air India successfully concluded with the transfer of 100 per cent shares of Air India […]
In the Union Budget 2022-23, the government has allocated Rs 106.67 billion for the Ministry of Civil Aviation (MoCA). As per the government’s annual financial statement, Rs 105.91 billion has been allocated for revenue disbursement, […]
The chief minister of Odisha has recently launched the Mukhyamantri Vayu Swasthya Seva (air health services) at the Biju Patnaik International Airport. With this, it has become one of the first states to provide air […]
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