No more flight delays, cancellations due to fog at Kempegowda International Airport in Bengaluru! In a sigh of relief, passengers and travellers flying in and out of this Karnataka airport may soon witness no more delays or cancellations of flights. The menace of fog disruptions may no longer haunt the flyers as Bangalore International Airport […]
Category: Civil Aviation
Kolhapur Airport to get a new terminal building, ATC tower! Boost for UDAN flights to Mumbai, Bengaluru
Kolhapur Airport (KLH) gets an infrastructure boost! Union Civil Aviation Minister Suresh Prabhu recently laid the foundation stone for a new terminal building and ATC Tower at Kolhapur Airport in Maharashtra. The new terminal, which will be built at a cost of Rs 275 crore, will be located in a sprawling area of 3900 sqm. […]
India seeks German investments in smart cities and airports
India Monday sought investments from German companies in areas including smart cities and construction of airports to increase economic cooperation between the countries.
Jet Airways debt resolution plan outline is ready
Lenders and key stakeholders discussing a debt resolution plan for Jet Airways seem to have reached a broad consensus. Rajnish Kumar, chairman, State Bank of India , on Monday said: “Outline is ready but implementation depends on government and regulatory approvals.” Kumar was speaking to a television channel.
Air India sale to restart after May, says DIPAM secretary Atanu Chakraborty
The disinvestment pipeline for FY20 might include sale of the Centre’s 63.8% stake in SJVN to NTPC, a new ETF, 10 IPOs, a clutch of offer for sales, buybacks and a new instrument for the CPSEs’ asset monetisation to achieve a stiff target of Rs 90,000 crore set in the recent interim Budget,
PW engine woes: IndiGo grounds A320 neo plane in Lucknow
IndiGo has grounded an A320 neo aircraft at Lucknow due to problem in the Pratt & Whitney engine, according to a source. The aircraft has been grounded for maintenance since January 31. P&W engine-powered A320 neos have been grappling with problems and aviation regulator
Union Budget 2019: Big achievements by the infrastructure sector! 15 key announcements
Union Budget 2019: Today, Finance Minister Piyush Goyal presented this year’s Union Budget 2019. In his debut budget speech, the minister announced the highest ever allocation for Indian Railways that is of Rs 1.58 lakh crore
Jet Airways share price surges over 15% on report that Etihad deal final, Naresh Goyal to step down
Jet Airways share price: Shares of debt-laden carrier Jet Airways surged in trade on Friday soon after the media reports said that the airline has accepted Etihad’s bailout plan. Jet Airways share price surged by more than 15% to hit the day’s high at Rs 281.50 per share, data available with the BSE showed.
Air Italy to withdraw direct flights from Delhi and Mumbai
Air Italy on Thursday said it is withdrawing direct flights from Delhi and Mumbai due to domestic network consolidation and route prioritisation.
Hyderabad’s Rajiv Gandhi International Airport to double cargo-handling capacity
GMR Hyderabad International Airport Ltd (GHIAL), which operates the Rajiv Gandhi International Airport here, is in the process of doubling the cargo-handling capacity in the next couple of years, a top official said Tuesday.
Lease Expiry: Jet Airways to return three more aircraft to lessors
Cash-strapped Jet Airways on Wednesday said it will be returning three aircraft to lessors due to expiry of lease, in addition to the five planes grounded for termination of engine lease and engine normalisation exercise.
Jet Airways may turn to Adani Group for investment
Jet Airways promoter-chairman Naresh Goyal is understood to have approached the Adani Group with a proposal to invest in his ailing airline, which is in dire need of funds. As is known, Jet was earlier in talks with Tata Group but it seems the talks did not lead to any concrete result with the latter […]