{"id":349779,"date":"2020-05-06T10:01:33","date_gmt":"2020-05-06T04:31:33","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=349779"},"modified":"2020-05-06T10:23:58","modified_gmt":"2020-05-06T04:53:58","slug":"fairfax-india-foresees-delay-in-bangalore-airport-expansion-due-to-covid-19","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/fairfax-india-foresees-delay-in-bangalore-airport-expansion-due-to-covid-19\/","title":{"rendered":"Fairfax India foresees delay in Bangalore Airport expansion due to Covid-19"},"content":{"rendered":"<p>The lockdown and the resulting suspension of construction activities are expected to delay the completion of the first phase of the Terminal-2 expansion of Bangalore International Airport Limited (BIAL). Its aeronautical and non-aeronautical revenues have been significantly impacted during the quarter ended March 31, due to a 43 per cent drop in domestic traffic and 72 per cent decline in international traffic, said Fairfax India, which has invested in the airport. <\/p>\n<p>In the company&#8217;s financial result announcement, Fairfax India said, &#8220;In the first quarter of 2020 the Covid-19 pandemic significantly impacted BIAL&#8217;s airport business, which faced reduced passenger traffic starting in February 2020.&#8221;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The lockdown and the resulting suspension of construction activities are expected to delay the completion of the first phase of the Terminal-2 expansion of Bangalore International Airport Limited (BIAL). Its aeronautical and non-aeronautical revenues have been significantly impacted during the quarter ended March 31, due to a 43 per cent drop in domestic traffic and 72 per cent decline in international traffic, said Fairfax India, which has invested in the airport. In the company&#8217;s financial result announcement, Fairfax India said, &#8220;In the first quarter of 2020 the Covid-19 pandemic significantly impacted BIAL&#8217;s airport business, which faced reduced passenger traffic starting [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,167,130],"tags":[],"class_list":["post-349779","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-civil-aviation-business-standard-newspapers","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/349779","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=349779"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/349779\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=349779"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=349779"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=349779"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}