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'Delhi airport tariffs to be same till Tribunal's decision'

Last Updated: Friday, February 6, 2015, 14:13

GMR Infrastructure today said the charges for Delhi airport will remain unchanged until the Tribunal, AERAAT, takes a final view on an appeal against tariffs for the First Control Period.

GVK seeks regulatory clarity on Navi Mumbai airport

Last Updated: Wednesday, February 4, 2015, 22:35

The GVK Group-run Mumbai International Airport (MIAL), which is among those shortlisted to build the airport in neighbouring Navi Mumbai, today said there is a need for regulatory clarity.

DIAL raises $289 mn in junk bond sale at 6.12% coupon

Last Updated: Wednesday, January 28, 2015, 18:12

Delhi International Airport (DIAL), which operates the nation's largest Indira Gandhi International Airport in the national capital, has raised USD 288.75 million by selling high yielding secured bonds to international investors.

Dubai overtakes Heathrow as top international airport

Last Updated: Wednesday, January 28, 2015, 00:27

Dubai airport has soared ahead of London`s Heathrow, riding a boom in long-haul flights between Asia and the West to become the world`s top international travel hub, it said Tuesday.

SpiceJet shares tank over 8% on fresh financial worries

Last Updated: Wednesday, January 21, 2015, 18:02

Shares of SpiceJet Wednesday settled over 8 percent lower after Mumbai Airport asked the budget carrier to immediately pay the pending dues of Rs 5 crore and provide a bank guarantee of Rs 15 crore.

Mumbai Airport asks SpiceJet to clear dues

Last Updated: Tuesday, January 20, 2015, 23:19

Mumbai Airport Tuesday asked budget carrier SpiceJet to immediately clear its dues amounting to Rs five crore and provide bank guarantee of Rs 15 crore, an issue the airline claimed has been "sorted out".

Qatar Airways planes set to have automatic tracking system

Last Updated: Wednesday, January 7, 2015, 19:12

Qatar Airways is already testing a new automatic aircraft tracking technology that will continuously send flight data from the aircraft black box to the operations centre.

GMR Megawide ties up funds for Philippines airport project

Last Updated: Monday, December 22, 2014, 15:37

GMR holds 40 percent while Megawide holds 60 percent of total stake in the JV, the company said.

Delhi offers affordable airport transportation in India: Survey

Last Updated: Sunday, December 21, 2014, 12:13

In Delhi the local taxi costs around Rs 500 and for travellers looking for mass transit the Metro is one of the fastest ways to commute in the city.

SpiceJet resumes operation, pays cash to buy jet fuel

Last Updated: Thursday, December 18, 2014, 16:39

Troubled airline SpiceJet resumed operations on Wednesday after being forced to cancel over 150 flights with oil marketing companies refusing to refuel its planes forcing the budget carrier to pay Rs 3 crore last evening to buy jet fuel.

SpiceJet resumes operations after being grounded on fuel issue

Last Updated: Wednesday, December 17, 2014, 19:05

After all its flights remained grounded for most part of the day Wednesday, cash-strapped SpiceJet resumed operations in the evening as oil companies, which had stopped fuel supplies to its aircraft, eased the restriction.

Sun Group says cannot invest large sums to revive SpiceJet

Last Updated: Wednesday, December 17, 2014, 11:56

SpiceJet was forced to ground its entire fleet on Wednesday after oil companies, which are owed money by the airline, refused to refuel its planes.