AIRPORT DEVELOPMENT
Regional airports found wind beneath their wings in FY24
India's hinterland air travel surged last year, driven by civil aviation ministry data and government schemes. Airports like Diu, Pantnagar, Tezpur, and Prayagraj saw significant growth, boosted by the Udan scheme and low fares. IndiGo and other airlines expanded services, with CFO Gaurav Negi highlighting the importance of regional routes for broader networks.
Govt starts process of acquiring land worth over Rs 4,000 crore for second phase of Noida International Airport
The district is acquiring land from villages for Noida Airport's second phase. Resettlement and compensation are progressing. YIAPL plans test flights by November and aims for commercial operations by year's end. Completion delayed to April 2025. DS Mishra, Noida International Airport Limited, and four new vendors are addressing steel shortages. Farmers to resettle in Falaida Bangar.
India-Russia joint venture to get to run Mattala airport in Sri Lanka soon: Aviation minister
Sri Lanka strategically partners with India and Russia amidst 2022 financial turmoil, entrusting Mattala Airport's management for sustainable growth. The joint venture marks a pivotal step towards economic recovery, reflecting the nation's resilience and commitment to fostering strategic alliances for infrastructure development and long-term prosperity.
Air India to set up pilot training school at Amravati
The aviation landscape in India is witnessing a transformative phase with major players like IndiGo, Akasa, Air India, and the GMR group investing in extensive training programs to meet the surging demand for skilled pilots and engineers. Air India's Amravati pilot training school is set to be operational by Q1 FY26.
Technical study of Delhi airport's T1 likely to be completed in 1 month: Official
Efforts are ongoing to evaluate Terminal 1 operations post-canopy collapse, focusing on long-term policies to prevent future incidents and minimize business losses while enhancing safety measures.
How Bengaluru's IT professionals could benefit from proposed Hosur airport
Proposed Hosur International Airport gains support for boosting regional development and creating job opportunities along the Tamil Nadu-Karnataka border. The proposed international airport in Hosur aims to benefit Bengaluru's IT corridor and Electronics City, alleviating the long commute to Kempegowda International Airport. Tamil Nadu Chief Minister M.K. Stalin announced the airport will handle 30 million passengers annually, boosting the socio-economic development of Hosur and neighboring districts.
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Proactive measures initiated after Delhi airport canopy collapse incident, says Aviation minister Ram Mohan Naidu
Following the canopy collapse at Delhi Airport's Terminal 1, Civil Aviation Minister Ram Mohan Naidu announced immediate measures. A war room was established to ensure refunds or alternate flights for affected passengers within seven days. The Minister expressed condolences for the loss of life and emphasized safety measures, including inspections by IIT Delhi engineers. Flight operations have shifted to Terminals 2 and 3, with advisories issued to airlines to maintain fare stability. Long-term safety policies are under review.
Govt orders inspection of structural strength of all airports
The civil aviation ministry ordered inspections of all Indian airports after a roof collapse at Delhi airport killed one and injured six. Terminal 1 operations were suspended, flights moved to T2 and T3, and over 100 flights canceled. A 24/7 war room was set up, and safety reviews will be conducted urgently.
Tamil Nadu govt to establish international airport in Hosur: State CM Stalin
The Tamil Nadu government plans to establish an international airport on 2,000 acres in Hosur, capable of handling 30 million passengers annually, to support the industrial growth in Krishnagiri and Dharmapuri districts. Chief Minister M K Stalin announced this in the Assembly, highlighting the socio-economic benefits for the region. This initiative has been well-received by various political parties.
Rs 2,000-crore new terminal of Guwahati airport to open in April 2025: official
The Adani Group-run Lokpriya Gopinath Bordoloi International Airport in Guwahati will shift to its new terminal by April 2025. It has been delayed by design changes The airport aims to be India's most efficient terminal at a cost of over Rs 2,000 crore. The new terminal will accommodate 13.1 million passengers annually, increasing runway capacity and introducing amenities like an MRO facility, helipad, and cargo market to establish the airport as an international hub for South East Asia.
Tamil Nadu CM MK Stalin announces International airport at Hosur
The Tamil Nadu government will build a new international airport in Hosur for socio-economic development altogether in Hosur, Krishnagiri and Dharmapuri districts, Chief Minister MK Stalin announced in an assembly on Thursday.
US trade body approves funding to develop integrated aviation hub in Hissar
The US Trade and Development Agency supports the establishment of an integrated aviation hub at Hisar Airport in Haryana, aiming to strengthen India's supply chain network through enhanced cargo and logistics infrastructure. The agency's collaboration with the Haryana Airports Development Corporation reflects a shared commitment to advancing aviation capabilities in the region.
Adani Airports to chart next decade with $21 billion infusion
The business is housed under wholly owned subsidiary Adani Airport Holdings, which currently owns seven operational airports, in Mumbai, Lucknow, Ahmedabad, Jaipur, Guwahati, Thiruvananthapuram and Mangalore. Phase I of city-side development across 98 acres at airports in Mumbai, Ahmedabad, Jaipur, Lucknow and Guwahati has begun.
Centre sanctions 1,700-personnel CISF contingent for Noida international airport
Amid construction delays, the Noida International Airport's operational debut is rescheduled to April 2025, impacting its readiness. The airport's security preparedness, overseen by CISF personnel, aligns with the stringent measures in place across India's civil airports. The revised timeline emphasizes meticulous planning for the airport's upcoming inauguration.
Noida Airport faces six-month delay, likely to be completed by next year
The Noida International Airport (NIA) completion has been delayed until at least April 2025, primarily due to slow progress on the terminal building, which faces a shortage of special-grade steel. Initially set to open earlier, this delay impacts the project's timeline significantly. Over 20% of the project remains unfinished, with the terminal's façade and waterproofing still underway. Currently, 9,000 workers are on site, completing the ATC tower and finalizing the runway. The first phase costs Rs 10,056 crore.
Commercial opening of Noida airport delayed
The construction of the second airport in Delhi-NCR by Noida International Airport Limited (NIAL) owned by Zurich Airport faces delays impacting Indian airlines with capacity constraints. The project aims to bring relief to airlines amidst record aircraft orders and includes a concession agreement with Yamuna Expressway Industrial Development Authority (YEIDA). The project involves key figures like chief minister Rajnath Singh, Durga Shanker Mishra, and approvals from the Directorate General of Civil Aviation (DGCA).
Noida airport to launch flight service by April 2025 amid construction delays
The Noida International Airport, initially set to launch by September 2024, now expects to start flights by April 2025 due to construction delays. Located in Jewar, near Delhi, the airport's advanced construction includes a runway and terminal. The project aims to accommodate 12 million passengers annually in its first phase.
Cabinet approves Rs 2,869 cr for development of Varanasi airport
The Union Cabinet approved a Rs 2,869.65 crore proposal for the expansion of Lal Bahadur Shastri International Airport in Varanasi. The proposal includes extending the runway to dimensions 4075m x 45m and constructing a new Apron to park 20 aircraft.
DGCA revises regulations to boost seaplane operations under UDAN scheme
DGCA revamps regulations to streamline seaplane operations for sustainable development, enhancing pilot training and stakeholder engagement, including MoCA's initiative. The simplified procedures support economical and efficient operations.
Jefferies' Wood picks GMR Airports, reduces weights in three banks
Wood said, in his weekly Greed & Fear newsletter, that the airport operator's introduction into its portfolio will be at the expense of the reduction of weights in ICICI Bank, HDFC Bank and Axis Bank.
Delhi Airport sets biometric gate for faster immigration check
Delhi International Airport has introduced biometric registration kiosks for faster immigration processing, under the supervision of the Bureau of Immigration. The kiosks will halve the time required to process visas for foreign nationals arriving in India with a visa where biometric information was not collected during the application process.
Flight to the Future: Noida International Airport's Asia-Pacific transit dream set to be ready by November-end
The Noida International Airport is set to become India's first transit hub and a major civil aviation facility in the Asia Pacific region. Modeled on Zurich Airport, this greenfield project in Jewar, Uttar Pradesh, will feature advanced passenger and flight handling capabilities. The airport will also include a multimodal cargo hub, operational by November 2024, developed by Air India SATS. Recruitment and infrastructure developments are underway to ensure the airport meets international standards.
Chris Wood of Jefferies picks GMR Airports, trims stake in 3 bank stocks
Jefferies' Global Head of Equity Strategy Chris Wood has added GMR Airports Infrastructure to India portfolio and reduced stakes in ICICI Bank, HDFC Bank, and Axis Bank.
IndiGo bets on affordable long-haul plan: CEO Pieter Elbers
IndiGo, known for its single-class model, is shifting to dual-class to cater to India's growing air travel market. With rising affluence, more Indians are exploring international travel, a trend IndiGo aims to capitalize on. Managing operations at Delhi airport's three terminals is challenging but supported by the government's vision for aviation. Hosting IATA's AGM in 2025 showcases India's aviation potential. IndiGo's strategy reflects its belief in India's growth, aiming to offer affordable fares and quality service to a broader range of travelers.
Expanded T1 likely to open in June; working on boosting international passenger capacity: DIAL chief
The Indira Gandhi International Airport (IGIA) in the national capital currently has an annual capacity to handle 100 to 105 million passengers and the international passenger capacity is around 22 million.
Environment Day: Noida Airport to have 8-acre forest with local species, 133-hectare green area
Noida International Airport (Google Trends): The Noida International Airport CEO Christoph Schnellmann has emphasized a net-zero emissions philosophy. With 580 trees transplanted and an eight-acre forest reserve, biodiversity preservation is a priority. The airport's eco-friendly initiatives include renewable energy and innovative technology to reduce carbon emissions, paving the way for a greener future in Indian air travel.
Section 144 imposed around Delhi airport; drones, laser beams banned
Delhi Police have imposed prohibitory orders banning drone and laser beam activities near the approach path of flights to Indira Gandhi International Airport due to VVIP aircraft movement and political events. The orders come into force from June 1 to July 30 to prevent distractions to pilots and potential safety risks. Violators face legal consequences.
Why is MGNREGA implementation so poor in Bihar, Congress asks PM Modi
The Congress general secretary said that in 2015, the "outgoing PM" had famously promised a Rs 1.25 lakh crore package for the people of Bihar and Rs 54,713 crore from this package was earmarked for road and bridge projects. A number of national highways, bridges over the rivers Ganga, Sone and Kosi, and 12 railway overbridges were to be built, he said.
Bengaluru airport suspends controversial vehicle entry fee after protests
BIAL suspends entry fee for arrival pick-up lanes at Kempegowda International Airport after protests. Charges for vehicles based on registration plates was criticized. Speed trap cameras have been installed on Kempegowda International Airport Road to curb road traffic accidents
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