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AAI ACT
Wider commercial use of airport land may be cleared for take-offThe Indian government is considering amending the AAI Act to allow private airport operators to develop shopping complexes, conference cent...- Supreme Court stays Delhi HC order in lease termination case involving HCIThe Supreme Court stays the Delhi High Court's summoning order of the Ministry of Civil Aviation secretary, AAI, GMR IGI Airport, DIAL, and...
- AAI planning to monetise 759 acre of land near 8 major airportsThe AAI, which manages 129 airports across the country, is expected to utilise the non-traffic revenue from monetisation of land parcels fo...
- FinMin asks AAI to issue shares against govt funding of Rs 656 croreAAI is yet to issue shares to the government in lieu of the equity infusion worth Rs 656.56 crore.
- AAI chalks out Rs 18,000 crore capex plan for next four yearsThis is even as the civil aviation ministry hopes to move the amendment of the AAI Act, 1994 in the ongoing budget session, a top official ...
- AAI plans national strategy for airports developmentPursuing ambitious expansion plans, the Airports Authority of India is preparing to commence "mega projects of new terminal buildings" at 1...
- Airports Authority of India working on norms for monetising land assetsAAI -- which is estimated to have garnered over Rs 12,000 crore revenue in 2016-17 -- is in possession of large swathes of land in differen...
- Airports Authority of India plans norms for flexible use of land assetsThe national airports operator, which manages 125 aerodromes including civil enclaves, is awaiting amendments to to the AAI Act that would ...
- AAI to be allowed to monetise its 50,000 acres land bankThe rules currently do not allow the land around airport to be used for non-aviation purposes.
- AAI calls off talks with Singapore agency on Ahmedabad, Jaipur airportsAirports Authority of India's decision comes after its assessment that the Changi Airport's proposal would not be commercially viable, an o...
- Centre defends move to privatise Chennai Airport managementThe Civil Aviation Ministry today defended in the Madras High Court its move to privatise management of Chennai Airport saying it was aimed...
- IPO-bound AAI hires KPMG for valuationThe Airports Authority of India (AAI) has appointed consulting firm KPMG to value the organisation prior to its listing on the stock exchan...
- AAI to raise Rs 1,200 cr for airport upgradationAirports Authority of India (AAI) will borrow Rs 1,200 crore in the next four months to fund expansion and upgradation of airports across t...
- Pvt operators can collect ADF, govt tells Delhi High CourtThe govt defended in the Delhi HC delegating its powers to collect the airport development fee to Delhi International Airport Ltd and Mumba...
- AAEU leaders begin indefinite hunger strikeLeaders of Airports Authority Employees' Union (AAEU) began an indefinite hunger strike on Monday.
- Budget may announce metro airport upgradeHaving missed several deadlines on Prime Minister A B Vajpayee’s promise to upgrade the four metro airports to international standards, the...
- Govt may alter I-T Act to give tax sops to AAIThe government is likely to propose a tax holiday for Airports Authority of India (AAI) even though it is not registered as a company in or...
- Cabinet to decide upon airport privatisationThe final decision on privatisation of the four metro airports would be left to the Union Cabinet, civil aviation minister Shahnawaz Hussai...
- Final move: Jaitley clears airport privatisationThe Law ministry has advised the government to privatise services at the four metro airports without pressing for amendments to the Airport...
- Airport privatisation to take new flight planDelay in amending the Airports Authority of India Act and criticism from parliamentarians have forced government to look for alternate aven...
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