India plans to open 100 airports in five years
Thursday, October 31, 2019, 7:48 PM
India is planning to open 100 additional airports by 2024, as part of a plan to revive economic growth in Asia's third-largest economy, according to people with knowledge of the matter. India's plans to expedite airport development still trails that of China's, which has set a goal of having 450 commercial airports by 2035.
SpiceJet Deposits Rs. 20 Crore Bank Guarantee To Airport Authority
Thursday, November 29, 2018, 10:30 AM
Budget passenger carrier SpiceJet deposited an additional bank guarantee worth Rs.20 crore to the state-run Airports Authority of India (AAI). According to an airline official, the additional bank guarantee is over and above the Rs.104 crore which the airline has deposited with the AAI. The development comes after reports claimed that the AAI had issued a notice to the airline for non-payment of dues.
Varanasi airport to provide fund for solid waste management
Saturday, September 8, 2018, 9:17 AM
Lal Bahadur Shastri International Airport, Varanasi signed a MoA for granting Rs.7.73-crore to Varanasi Municipal Corporation for solid waste management under the CSR initiative of AAI. The MoA was signed in the presence of Union Minister of Commerce and Industry and Civil Aviation Suresh Prabhu, who applauded the initiat