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EXPENDITURE OF AAI
AAI spent Rs 796 cr for repairs, maintenance works of 101 airports last fiscalIn a written reply to the Rajya Sabha on July 29, Minister of State for Civil Aviation Murlidhar Mohol said all airport operators have been...
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...
Airports Authority to raise $300 million via ECBs next fiscal yearThe capital expenditure would go towards setting up greenfield airports.
AAI mulls masala bonds for raising fundsThe AAI is targeting Rs 4,100 crore worth capital expenditure on airport infrastructure development in 2018-19.
AAI sets target of 4,100 crore rupees on airport infra developmentIt will also undertake an airport service quality (ASQ) survey at its top 20 airports, the AAI said in a statement today.
Modi government seeks special dividend of Rs 11,000 crore from cash-rich AAIThe government is of the view that central public sector enterprises (CPSEs) should not sit on cash reserves but use the money for expansio...
AAI prepares for higher capex; eyes Rs 1,500 cr loansThe state-owned airports operator, which has a healthy balance sheet, is going in for borrowings for the first time.
Airports Authority of India to raise funds to meet capital expenditure requirementsThe national airports operator also has a vital role in implementation of the regional connectivity scheme -- UDAN (Ude Desh ka Aam Naagrik...
Steps taken to strengthen North East states air connectivity: Authority of IndiaThe AAI chairman said the Agartala Airport would be modernised and upgraded into an international airport.
Non-operational airports spend more than they earn: Ashok Gajapathi RajuHe said the govt was trying to motivate airlines to operate to 30 non-operational airports in the country.
Nearly 1,600 air traffic controller posts vacantNearly 1,600 posts of air traffic controllers are lying vacant at different airports in the country, government said today.
AAI seeks to increase revenues from cargo businessAAI is mulling a multi-pronged strategy to bolster revenues from cargo business and tap the commercial potential of its assets.
Airports Authority of India's revenue, net profits riseState-run Airports Authority of India (AAI) has increased its revenue by 15 per cent and net profit by over eight per cent in the last fina...
Reeling under exodus, AAI raises bond to Rs 5 lakh for mid-level executivesFaced with high attrition in its key areas of air traffic management, a harried Airports Authority of India (AAI) has decided to make new r...
- Airport Authority of India mulls issuing bonds to meet capital expenditure
The government today said the Airport Authority of India proposes to meet part of its capital expenditure by issuing bonds.
- Bonds rejected, AAI may turn to FIs for Rs 1,200cr
AAI has plans of borrowing up to Rs 1,200 crore from financial institutions by the end of the fiscal as the government has turned down its ...
- AAI told to prune capital expenditure to improve finances
The government has asked state-owned Airports Authority of India (AAI) to prune its capital expenditure for it to improve finances and even...