After TN, Chhattisgarh, Jharkhand seek revenue share when airports are privatised

TBM Staff - Mumbai Monday, 25 April 2022, 4:30 PM

Chhattisgarh and Jharkhand have come out in support of Tamil Nadu’s (TN) stance that whenever the Central government privatises an airport in a state, the state government should get a share in the revenue. In a policy note issued earlier this month, Tamil Nadu said that if the state government Continue Reading

AAI to construct Greenfield Airport in Hollongi, Arunachal Pradesh

TBM Staff - Mumbai Friday, 4 March 2022, 6:45 PM

The Airports Authority of India (AAI) has undertaken the work of constructing a Greenfield Airport in Hollongi, 15 kms from Itanagar in Arunachal Pradesh considering the importance of air connectivity to the capital city, reports Mint. With an estimated cost of INR 645 crore, the project includes the development work i.e. construction of airport pavements, […]Continue Reading

AAI partners with Jewar airport for air traffic services in Noida

TBM Staff - Mumbai Tuesday, 1 March 2022, 4:45 PM

The Airports Authority of India (AAI) will provide air traffic services at the upcoming Noida International Airport at Jewar in Greater Noida, reports Zee News. As per sources, the first phase is expected to be commissioned by 2024. An agreement to this effect was signed between the AAI and Yamuna International Airport Private Limited (YIAPL) […]Continue Reading

Govt to monetise 25 airports over four years, to fetch INR 20,782 crore

TBM Staff - Mumbai Wednesday, 25 August 2021, 2:47 PM

The government will sell its shareholding in four privately-run airports (Delhi, Mumbai, Hyderabad, and Bengaluru) and is tentatively valuing its stake at INR 10,000 crore. The stake sale in these four airports, along with monetisation of 25 other Airports Authority of India (AAI)-run airports, including those in Chennai and Kozhikode, is a part of the […]Continue Reading

Bihar’s Darbhanga Airport to witness highest ever passenger traffic this month

TBM Staff - Mumbai Thursday, 22 July 2021, 1:15 PM

The Darbhanga Airport in Bihar has been witnessing a continuous increase in the passenger traffic. On Tuesday, the Airports Authority of India, via its official Twitter account, shared that the growth being witnessed by the airport is impressive, adding that on July 18, i.e. on Sunday, as many as 2,855 passengers travelled from the airport. […]Continue Reading