Tag Archives: AAI

MoCA mulls reinstating tourist visa and privatising more airports

MoCA is in talks with various others ministries – Home Affairs, Health, and External Affairs – for restarting the tourist visa. It has also revealed that AAI will privatise 6-10 more airports April onwards. Pradeep Singh Kharola, Secretary, MoCA, says that the government will look to club profitable airports with loss-making ones during the sale process.

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Arvind Singh appointed as new Secretary of Tourism

Arvind Singh, Chairman of Airports Authority of India (AAI) and a 1988 IAS officer of Maharashtra Cadre, has been appointed as the new Secretary of Tourism, GOI, and will be taking charge on February 1, 2021.  He will be replacing Yogendra Tripathi, who, after more than 2 years as Tourism Secretary, will be joining as Secretary, Department of Chemicals and Petrochemicals. Singh, had also served as Additional Chief Secretary (Energy) in Government of Maharashtra.

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AAI to develop greenfield airport in Arunachal Pradesh’s Hollongi

The Airport Authority of India (AAI) will develop a greenfield airport at Arunachal Pradesh’s Hollongi, near Itanagar. This airport is expected to be completed by November 2022. With an area of 4100 sqm and estimated cost of Rs 650 crore, the new domestic terminal building of the airport will be able to handle 200 passengers during peak hours. Equipped with eight check-in counters, the terminal building will have all modern passenger facilities. The terminal will be an energy-efficient building provisioned with a Rain Water Harvesting system and sustainable landscape.

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Adani acquires 74% stake in Mumbai airport, infuses much-needed liquidity

Adani Airport, a subsidiary of Adani Enterprises, is set to become India’s biggest private airport operator after acquiring the entire 50.5% stake of GVK Airport. This takes its total to 74% controlling stake in Mumbai International Airport Limited (MIAL) as well as the proposed Navi Mumbai International Airport Limited. The remaining 26% is held by AAI.

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Chennai Airport to be first Indian airport to have five-screen PVR multiplex

Chennai Airport will be the first airport in India to house five screens of PVR Cinemas. The screens will be located in the multi-level car parking complex, which is under construction. The facility is being built at a cost of ₹250 crore by the Olympia Group, and will not only have a theatre but also many options for food and beverage. The five screens would have roughly over 1,000 seats. According to officials of the Airports Authority of India (AAI), the multi-level parking would be completed and thrown open to the public by October. It has been revealed that the facility will be constructed in such a way that it will be convenient for passengers to park their cars, shop and watch a film. The facility is coming up on either side of the Chennai Metro Rail station at a height of 27 metres. The parking facility can accommodate 2,000 cars. The theatre will be built by Olympia Group for a budget of 250 crore rupees.

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AAI ready to invest over Rs 25,000 crore in airport infrastructure: Hardeep Singh Puri

Airports Authority of India (AAI) is readying to invest more than Rs.25,000 crores in airport infrastructure, says Hardeep Singh Puri, Minister of State(I/C) for Civil aviation. “India, being the third largest domestic civil aviation market in the world and showing a robust growth, is poised for greater heights. With the kind of fleet expansion underway, India will soon have about 2000 civil aviation aircrafts in the sky, we will be doubling the number of airports with Airports Authority of India (AAI) readying to invest more than Rs.25,000 crores in Airport infrastructure and we have a structured privatisation program in place,” he said.

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94 AAI airports incurred losses in 2017-18: Suresh Prabhu

Airport Authority of India (AAI)’s 94 airports incurred losses in the financial year 2017-18, informed Suresh Prabhu, Union Minister for Commerce & Industry and Civil Aviation, in a written reply to a question in Lok Sabha recently. “The losses are mainly due to low revenue generation to meet the total expenditure of the respective airports,“ said Prabhu while citing the reason. AAI owns and manages 129 airports around the country. He further said that the authority has taken steps to enhance aeronautical revenue in the form of increase in tarrif at non-major airports and measures for commercial exploitation at some airports to increase the revenue and to reduce losses.

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Women in Aviation International and Lockheed Martin India celebrate ‘Girls in Aviation Day’

Women in Aviation International, India Chapter and Lockheed Martin India, in association with Airports Authority of India (AAI), celebrated ‘Girls in Aviation Day’ on the ocassion of International Civil Aviation Day. With the vision to encourage girls to take up STEM subjects and explore career opportunities in related industries, Girls in Aviation Day is aimed at showcasing opportunities in the aviation and aerospace sectors. This initiative also aligns with the Government of India’s ‘Skill India’ initiative. As part of the programme, Women in Aviation International (India Chapter) invited 90 students from various schools for an informative session in New Delhi. Visiting students were given an opportunity to hear industry experts speak on the ‘Future of STEM in India’. The session stressed upon the importance of Science, Technology, Engineering & Mathematics and how these subjects can lead to fulfilling careers in aviation. Additionally, Women in Aviation gave out 10 IATA-sponsored course kits to underprivileged girls to empower them to kick start a career in aviation. Speaking on the occasion, Radha Bhatia, President, Women in Aviation International, India Chapter, shared,” This is the third year that the WAI India Chapter is celebrating ‘Girls in Aviation Day’ and we are delighted to host the same in the capital. This day is celebrated for the young girls to encourage them to choose aviation as a viable career opportunity. World over, India has the maximum number of female pilots, but there are many other avenues that are still unknown. With this celebration, our aim is to see girls from New Delhi explore exciting careers available to them as engineers, air traffic controllers and dozens of other jobs within the aviation.” Speaking about Lockheed Martin’s commitment …

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