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INDIA AIRPORT PRIVATISATION
FedEx to invest $150 million in 2.3 lakh sq ft air cargo hub at Delhi airportIn a bold move, FedEx has announced a USD 150 million investment to create a new air cargo hub spanning 2,30,000 square feet at Delhi airpo...- India's airport privatisation plan creates a barricade for power in few handsThe government plans to cap private bidders winning airport bundles. This aims to prevent excessive market concentration and financial leve...
- 11 airports to see Rs 8,622 crore private investment under 50-year concessionsIndia expects private operators to invest approximately ₹8,622 crore in eleven airports. These airports will be awarded through five bundle...
- Adani Group 'lying brazenly' to stock exchanges: Mahua Moitra over group's alleged airline plansA purported June 4 letter from Adani Airports to the Airports Authority of India (AAI) seeks a waiver that would allow Adani Defence & Aero...
- Adani Airports advances in race to buy Italy's Catania airport stake: ReportAdani Airport Holdings has reached the second bidding round for Italy's Catania airport. Ten global operators and investors are competing f...
- Adani Enterprises denies plans for airline after reports of aviation pushAdani Enterprises has denied reports about launching a commercial airline. The company stated these claims were entirely baseless and factu...
- Air India and Saudia expand codeshare, strengthen India-Saudi connectivityAir India and Saudia have signed a memorandum of understanding to expand their strategic partnership. This agreement aims to improve air co...
- Adani seeks clearance to own airlineAdani Group seeks to dilute a clause preventing airport operators from holding airline stakes. This change would enable the conglomerate to...
- Air India to shift New York JFK operations to Terminal 6 in 2028, launch flagship loungeAir India will relocate its JFK operations to the new Terminal 6 in 2028. The airline will also establish its first flagship Maharaja Loung...
- 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...
- Government puts airport privatisation plan in flight mode againIndia has resumed the privatisation process for 13 airports to increase revenue through asset monetisation. The Ministry of Civil Aviation ...
- Aviation Ministry to present proposal on 'further airport privatisation' to Cabinet on Wednesday: PuriIn the first round of privatisation under the Narendra Modi dispensation, the airports in Lucknow, Ahmedabad, Jaipur, Mangaluru, Thiruvanan...
- AAI recommends Centre to privatise 6 airports including Amritsar, VaranasiThe Airports Authority of India (AAI) has recommended the Centre to privatise airports at Amritsar, Varanasi, Bhubaneswar, Indore, Raipur a...
- Govt to privatise 20-25 airports in next phase: AAI Chairman Guruprasad MohapatraLast year, the govt had decided to privatise airports in Lucknow, Ahmedabad, Jaipur, Mangaluru, Thiruvananthapuram, and Guwahati for operat...
- Privatising small airports not the right approach: GMR officialSidharath Kapur said the government should focus on building smaller aerodromes from the revenues of bigger airports that have been privati...
- IATA warns governments against privatisation of airports“To be blunt, we have not seen an airport privatisation that has fully lived up to expectations,” said Alexandre de Juniac, director genera...
- Model code of conducts stalls Ministry of Civil Aviation's plans to privatise airportsThe model code of conduct has put the brakes on t he civil aviation ministry’s plan to privatise six major airports including Chennai and K...
- Parliamentary panel opposed to privatisation of 6 AAI airports?As government proceeds with the process to privatise six AAI airports, a parliamentary panel is understood to have opposed it.
- AAI employees protest against privatisation of Chennai airportOver 1,500 employees of the Airports Authority of India staged a protest here against the Centre's attempts to privatise airports in the co...
- Airport privatisation may lead to higher fares: IATAIATA has said that "any unnecessary private shareholding" may increase the focus on "profit-maximisation" and lead to higher user costs.
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