Aviation

Airport Authority of India (AAI) is to invest more than Rs.25,000 crore in airport infrastructure which includes privatization program, Minister of State for Civil Aviation, Hardeep Singh Puri, said on 10 Jan 2020 in Delhi.

The travel services market in India is expected to post a CAGR of close to 19% during the period 2020-2024, according to the latest market research report by Technavio.

The Government has approved the 100% stake sale in Air India via a specific alternative mechanism, Civil Aviation Minister Hardeep Singh Puri has told the parliament on 12 Dec 2019.

With a focus on connectivity of Islands, the Civil Aviation Ministry has invited bids for 3 unserved airports/airstrips in Andaman & Nicobar Island and 1 underserved airport/airstrip in Lakshadweep Island.

The Civil Aviation Ministry has invited bids for 6 underserved and 24 unserved airports/airstrips in the North-East states of India.

Airbus India has selected L&T Technology Services (NSE: LTTS) to manage its Avionics S/W Development, V&V (Validation & Verification) and Data Analytics.

The Indian air cargo industry is undergoing a paradigm shift with fast paced evolution of infrastructure and technological innovations, said Civil Aviation Ministry Secretary Pradeep Singh Kharola.

The government will continue with privatisation in the aviation sector and more airports will be privatised soon, informed Usha Padhee, Joint Secretary, Ministry of Civil Aviation.

India is a key market for Changi Airport, with annual traffic between the two countries exceeding 4.8 million passenger movements, Lim Ching Kiat, Changi Airport Group managing director said.

GoAir will work closely with the Singapore Tourism Board and all such like-minded organizations that can further the cause of tourism in India as well as Singapore, said Jeh Wadia, managing director of GoAir which will commence Singapore-Bengaluru and Singapore-Kolkata...