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AAI LAND ASSETS
Cabinet clears upgradation of Nagpur International AirportNagpur International Airport is set for a major upgrade through a public-private partnership. The Union Cabinet has approved extending the ...- Airport operators urge MoCA for urgent relief amid 25% cut charges to compensate revenue lossAirport operators are requesting urgent government support. A 25 percent cut in landing and parking fees for domestic flights has impacted ...
- AAI profit surges 55% to Rs 7,233 crore on small-town air traffic boomThe Airports Authority of India (AAI) reported an unprecedented profit of ₹7,233 crore for FY25. This remarkable increase was driven by a s...
- 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...
- 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...
- Brookfield Asset Management set to buy Hotel LeelaventureLeelaventure did not respond to an email seeking comments till going to press, while Brookfield declined to comment.
- Government to separately sell certain assets of 9 CPSEs identified for strategic saleOf the 24 CPSEs that have in-principle approval for strategic sale, the government has identified certain assets of nine companies which sh...
- 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.
- CBI registers preliminary enquiry against in Delhi airport land dealThe alleged irregularities in the grant of land at concessional rates for operations to GMR has come under the scanner of the CBI.
- Cabinet approves Maharashtra government proposal for land to IAFThe Centre approved a Maha govt proposal to provide land to the IAF for relocation of its assets to allow the development of the Nagpur air...
- Land acquisition hurdles threaten to throw airport capacity build-up plans off trackStates have turned down or ignored most of the 61 requests for land allotments made by the Airports Authority of India
- AAI seeks higher valuation ahead of proposed IPOAAI, which is not happy with the Rs 20,000 crore valuation made by KPMG, thinks that the company could command a valuation of minimum Rs 80...
- City airport can breathe easy as Juhu plan takes offThe Airports Authority of India gave an in-principle approval on Wednesday to move smaller aircraft operations to Juhu airport by extending...
- Govt approves JV for cargo hub in NagpurThe government approved the creation of a joint venture firm, comprising Airports Authority of India and Maharashtra government, to constru...
- MADC gets 380 hectares from the AAILike every other major project in the country this one too was entangled in various issues related to land acquisition, compensation and po...
- Rehab for Mihan affected peopleThe multi-modal international passenger and cargo hub at Nagpur (MIHAN) is likely to get a major boost during the winter session of the sta...
- Nagpur airport transfer deferred againThe civil aviation ministry has once again put off handing over the airport assets for developing a multi-modal international hub in Nagpur.
- Nagpur airport transfer mired in red tapeThe Maharashtra government has decided to take up the asset transfer issue of Nagpur airport with the civil aviation ministry at a meeting ...
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