Delhi Airport Achieves Major Milestone: Connects 150 Destinations

Delhi Airport

Delhi Airport is the first airport in India that has direct connectivity to 150 destinations. With Thai AirAsia X adding Bangkok as its latest direct route from Delhi, the airport’s status is further strengthened as a major aviation center in the region. Expansion and new international routes have been critical for cementing its position as a global favorite for travelers …

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Centre Approves Subsidized Helicopter Service for Jammu-Mendhar

Helicopter

A new subsidised helicopter service has been sanctioned by the Indian government between Jammu, Poonch and Mendhar. Besides connecting the trio directly, the helicopter will also link Jammu directly with Mendhar. Mohammad Aijaz Asad, Secretary, Jammu and Kashmir Civil Aviation Department, mooted the proposal. Connectivity to remote Mendhar has now become a reality. Thus, an essential lifeline will come to …

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MADC to take over land for new airport in Gadchiroli; a strategic development for growth and connectivity

MADC

Maharashtra Airport Development Company, MADC, the state government-owned agency in charge of developing airports in the state, is taking forward a new ambitious project of building a greenfield airport in Gadchiroli, a Maoist-affected district in the state. The airport will contribute to security and the economy for that region. It is part of a larger effort to improve connectivity to …

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Akasa Air Raises Significant Funds: Premji-Ranjan Pai Consortium Acquires Stake

Akasa AIr

Emerging low-cost carrier Akasa Air plans to raise about $130-140 million from a family-office led consortium headed by two of India’s best known entrepreneurs, Premji Invest founded by Wipro scion Azim Premji, and Claypond Capital headed by Manipal Group founder Ranjan Pai. The family of late billionaire investor Rakesh Jhunjhunwala is reinvesting to restate their commitment to Akasa’s growth, as …

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Approval of Puri Greenfield Airport Delayed Due to Environmental Concerns

Puri

This ambitious plan of the state government to set up a greenfield airport in Puri and the proposed six-lane expressway along the coast has itself faced major environmental challenges. The execution of this project has been delayed owing to the fact that Centre’s Forest Advisory Committee had deferred its approval following serious apprehensions over the project’s prospect of impacting endangered …

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