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AIRPORT PRIVATISATION
Govt to pitch 11 airports to global investors ahead of December biddingThe Indian government plans to hold promotional roadshows in international financial hubs to attract airport investors. Twelve airports are...- Pakistan sees growth above 4%, looks to raise more than $1 billion from privatisationThe outlook for Pakistan's economy appears optimistic, with anticipated growth rates of over 4% this fiscal year, spurred by strategic gove...
- Tamil Nadu scraps plans for greenfield airport in Parandur, risks falling a decade behind rival aviation hubsTamil Nadu, a $400 billion-plus economy with more than 10% annual growth, lacks an airport that matches its economic scale. Chennai’s Meena...
- Govt to weigh Adani airline plan cautiously over airport-airline conflict concernsThe government is carefully considering the Adani Group's request to start an airline, which could impact competition. There are concerns r...
- Government to assess airport operators’ airline ownership proposal, says Aviation Minister Rammohan NaiduThe government will assess the “pros and cons” of allowing airport operators to own stakes in airlines and adopt a balanced approach, Civil...
- Adani Power lays foundation for ₹48,000 cr Assam power projectAdani Power has laid the foundation stone for a ₹48,000-crore, 3,200 MW thermal power project in Assam’s Dhubri district. Jeet Adani said t...
- 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...
- Airport privatisation: Government weighs bid cap to boost competitionIndia is redefining the rules of the game with its upcoming airport privatisation plans, aiming to curb monopolistic tendencies in the avia...
- 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 ...
- Centre likely to go slow on airport privatisation planDifferent arms of government are debating over the modalities of the sale as it is felt that there may not be aggressive bidding because of...
- View: Why Modi government's airport privatisation plan needs a rethinkPrivate airports have deployed almost Rs 35,000 crore on capital expenditure, and plan to deploy double that amount in expanding existing f...
- 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 unions to stage protest against airports privatisationLast year, the government had decided to privatise airports in Lucknow, Ahmedabad, Jaipur, Mangaluru, Thiruvananthapuram, and Guwahati for ...
- Airport privatisation: Wrong to assume private sector has all answers, says IATA chiefThe IATA chief said the airlines have "not yet experienced an airport privatisation that has fully lived up to its promised benefits over t...
- 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.
- Airport employees urges Mamata Banerjee to oppose airport privatisationAll employee unions of the N S C Bose International Airport here jointly formed a forum today and requested West Bengal Chief Minister Mama...
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