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BENGALURU AIRPORT PROFIT
Tourism and hotel sector stocks: Time for a correction in business? Are analysts getting it wrong? 15 stocks from the ecosystemThe Indian hotel and tourism ecosystem has benefitted from the post-Covid travel urge. Occupancies were high, room rates firm, supply is, i...- Bengaluru airport operator BIAL hands over Rs 16 crore dividend to Karnataka govt armBengaluru International Airport Limited, or BIAL, has given a dividend of over Rs 16 crore to the Karnataka State Industrial and Infrastruc...
- Exclusive: Casagrand to add 3.98 mn sq ft in Hyderabad, launch its second-largest residential project 'Casagrand Vybe'Casagrand is boosting its Hyderabad presence with 3.98 million square feet of new developments. The company is launching 'Casagrand Vybe', ...
- Fairfax, OMERS to extend IPO timeline of Bangalore airport holding companyFairfax Financial and OMERS have extended by 12 months the timeline for the planned IPO of Anchorage Infrastructure, the holding company ow...
- Air India Express schedules Sunday Bengaluru-Kathmandu recovery flight after passengers protest multiple disruptionsAir India Express is operating an extra flight to Kathmandu on Sunday. This follows protests by passengers at Bengaluru airport. Flights we...
- Bengaluru Airport metro line targeted for 2027 completion, says BMRCLBengaluru's international airport will have metro rail connectivity by the end of 2027. The project spans 58.19 km in two phases. This expa...
- Bengaluru's Kempegowda International Airport achieves record profit for the first time since its inceptionKempegowda International Airport Bengaluru achieves a record profit. This is the first time since its inception. Bangalore International Ai...
- Anil Kumble opts for BMCT bus amid Bengaluru bandhThe Federation of Private Transporters in Karnataka has requested a one-day bandh in Bengaluru in opposition to the Shakthi plan, which pro...
- Centre aims to privatise 13 airports by March, list sent to aviation ministryAAI has decided to club seven small airports with six big ones--Varanasi with Kushinagar and Gaya; Amritsar with Kangra; Bhubaneswar with T...
- Mumbai airport set to finish FY21 in 3rd spotData from the state-run operator Airports Authority of India (AAI) showed Mumbai airport handled 7.7 million passengers while Bengaluru air...
- Govt to bundle loss-making, profitable airports for saleMove may enable sale of airports that make losses which would have otherwise found few takers
- Bengaluru airport’s profit soars 33% to Rs 848 croreThe 2017-18 annual report, uploaded on its website, shows the Fairfaxbacked Kempegowda International Airport (KIA) reported a total revenue...
- As profit soars, BIAL under pressure to withdraw user feePressure groups, including the B.PAC, want the airport operator to source revenue for infrastructure projects from elsewhere instead of bur...
- KSRTC set to connect 5 more cities to Bengaluru airportThe service presently runs from Mysuru, Manipal, Udupi and Mangaluru. Interestingly, many of these cities Mangaluru, Mysuru, Tirupati and K...
- DIAL, BIAL sees Rs 580 crore total profit in six monthsThe Minister said some of them have incurred losses due to low revenue generation which was not adequate to meet the total expenditure.
- Government wants Airports Authority of India to hold equity stake in Navi Mumbai airport special purpose vehicleThe Navi Mumbai airport project has been planned by City and Industrial Development Corporation (CIDCO), which will hold 26% stake in the p...
- Karnataka airports incur loss of Rs 350 crore in four yearsThis is not unique to the state as nearly 100 of the 125 airports operated by AAI are suffering loss, with just eight in the profit-making ...
- GVK group plans to raise over Rs 3,000 croreSources said the group is looking to come out with an initial public offering of its airports arm, GVK Airport Developers Ltd.
- Defence Minister Manohar Parrikar wants Bengaluru’s shut-down HAL airport reopenedThe defence minister’s argument in the letter, centres on HAL suffering revenue losses after its airport was shut down in 2008.
- Connectivity woes likely to hit short flights out of BangaloreDomestic airlines may look at pruning some of their feeder routes like Kochi, Coimbatore and even Chennai from Bangalore as the Bengaluru I...
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