AAI employees threaten strike over privatisation move

Last Updated: Sunday, January 18, 2015, 11:22

Opposing the government's airports privatisation plan, Airports Authority Employees Union (AAEU) has threatened to renew its agitation including a strike call if the move is not halted.

AAI seeks to increase revenues from cargo business

Last Updated: Sunday, January 11, 2015, 17:29

Seeking to work as a commercial enterprise, the Airports Authority of India (AAI) is mulling a multi-pronged strategy to bolster revenues from cargo business and tap the commercial potential of its assets.

SpiceJet may get first round of investment by Jan 10

Last Updated: Thursday, January 8, 2015, 20:57

Crisis-hit SpiceJet may get the first round of its much-needed fund infusion in the next two days, while more may come in a month's time as part of an estimated USD 200 million investment plan, sources said on Thursday.

Will soon clear all dues to AAI: GoAir

Last Updated: Monday, January 5, 2015, 20:53

The airline's dues currently stand at Rs 38 crore, exceeding the bank guarantee of Rs 30.5 crore.

AAI asks GoAir to pay about Rs 38 crore dues within a week

Last Updated: Friday, January 2, 2015, 19:35

The AAI has issued a notice to the Wadia Group-promoted airline warning that it may be put on the "pay-as-you-fly" mode if the dues are not cleared on time.

5 key airports continue to record y-o-y profit in FY14: Report

Last Updated: Thursday, January 1, 2015, 17:28

The cascading effect of the increase in domestic and international enplanements has resulted in y-o-y increase in non-aeronautical revenues also across airports in FY14, it said.

SpiceJet defaults on salary payment a second time

Last Updated: Wednesday, December 31, 2014, 20:25

Beleaguered carrier SpiceJet defaulted a second time on salary payments in last two months but got a reprieve Thursday from the Airports Authority of India (AAI), which extended the two-week credit payment facility to it by another 14 days.

Govt gives approval to AAI to lease land to navy, coast guard

Last Updated: Monday, December 29, 2014, 20:18

The leasing of the requisite land at proposed airports will facilitate the coast guard/navy to establish various facilities for better surveillance of coast line, it said.

IATA expresses reservations over privatisation of airports

Last Updated: Sunday, December 21, 2014, 11:44

Global airlines body IATA has said governments should resist the temptation of earning revenue through such exercises and evolve policies supportive to all players to spur growth in the aviation sector.

R K Srivastava appointed new chairman of AAI

Last Updated: Saturday, December 20, 2014, 00:38

The post of chairman was lying vacant after the superannuation of the then incumbent V P Agrawal.

EU wasted 38 mn euros on 'ghost airports'

Last Updated: Tuesday, December 16, 2014, 23:40

The European Union has wasted tens of million of euros on out-of-the-way, underused airports, an auditors` report said Tuesday.

SpiceJet shares bounce back; end with 2.5% gain

Last Updated: Tuesday, December 16, 2014, 19:19

Erasing steep initial losses, shares of SpiceJet ended with over 2.5 percent gain Tuesday after the company got a breather as the Airports Authority indicated that it would not press for immediate clearance of its Rs 200 crore dues.