AirAsia, one of the biggest low cost airlines of Southeast Asia, plans to start up a new airline in India, after 49% of investments by overseas carriers have been allowed by the Indian Government. The role of Tata Group in this collaboration would be merely of a financial investor and AirAsia will be running all […]
Wipro InfoTech has entered into a 10 year contract with Mumbai International Airport for providing its IT management services to ‘T2’, the newly developed integrated terminal. Wipro will be providing its IT services for T2 for the next 10 years. This collaboration is aimed at using IT for enhancing customer satisfaction and experience as well. […]
An aircraft was just recently added to the list of Rajiv Gandhi International Airport. It is a Cargo Apron that could handle Code F aircraft. With this acquisition, the airport is now considered as a “Pharma Hub”. This means that it is the leading airport in the country where pharmaceutical products are transported. For the […]
We all know the importance of surveillance cameras in airports and with this, Stratech Systems – a company in Singapore decided to reach the market of India. The company decided to tie up with Punj Lloyd in order to market their business in airports in the country. The main task of the Punj Lloyd is […]
Today, AERA (Airports Economic Regulatory Authority) decided to raise the charges in airport of New Delhi in about 346 per cent and this will be in two years time. The airlines said that the passengers had to deal with their massive hike since they will not have any choice. AERA – Airports Economic Regulatory Authority […]
The government today have made it known to the public that there is a turnaround package equity infusion over a nine-year period on Air India that cost Rs 30,000 ccore. This is together with the induction of 27 Boeing 787 Dreamliners. Also, the government had approved to subsidize Air India’s MRO and its Engineering Services. […]
The Kingfisher Airlines is having some problem with their operation which resulted to great loss and debt up to Rs 7,500 ccore. When a certain company is facing this kind of debt, it is definitely in big trouble. This might be a reason why there are some speculations that the airline will be bought by […]
GMR group is has recently announced that it is planning to sell Hyderabad Duty Free Retail Ltd (HDFRL). GMR Hyderabad International Airport Ltd (GHIAL), owns and manages duty-free outlets at the International Airport in Hyderabad has reported this news and said that company is waiting for a potential buyer. This airport has 3 retail stores […]
