Oct 20, 2022 India to add 80 airports in next 4-5 years The country is likely to add nearly 80 airports in the next four to five years, the aviation regulator has said, adding that aerodromes meanwhile need to fulfil certain requirements to start the operation of flights
Oct 20, 2022 India to add 80 airports in next 4-5 years The country is likely to add nearly 80 airports in the next four to five years, the aviation regulator has said, adding that aerodromes meanwhile need to fulfil certain requirements to start the operation of flights.
Jun 05, 2022 Skanda Aerospace build Rs 250 crore helicopter gears at Hyderabad Skanda Aerospace Technology (SATPL) announced its plan to invest Rs 250 crore to set up a gearbox manufacturing facility at Hyderabad. This production facility will be India’s first private company capable of manufacturing helicopter gears and gearboxes.
Jun 05, 2022 Horizon Aerospace awarded Boeing contract Horizon Aerospace has won a contract with Boeing for the maintenance, repair and overhaul (MRO) of three key Boeing defence platforms in India — the P-8I operated by the Indian Navy, the C-17 Globemaster and VIP B737 transport fleet operated by the Indian Air Force.
Mar 05, 2022 Rs 91,000 crore to be spent on airport development in next 5 years Airports Authority of India (AAI) and other airport developers have targeted capital outlay of approximately Rs 91,000 crore in airport sector in the next five years for expansion and modification of existing terminals, new terminals and strengthening of runways, among other activities, according to the civil aviation ministry.
Jan 20, 2022 HAL awarded Rs 2400 crore contract with Bharat Electronics HAL has signed a contract with Bengaluru-based Bharat Electronics Ltd for development and supply of 20 types systems for the light combat aircraft Tejas Mk1A programme. The five-year contract from 2023 to 2028 is valued at Rs. 2,400 crore and involves supplying critical avionics Line Replaceable Units, flight control computers and night flying LRUs.
Jan 05, 2022 Ministry to set up 21 new airports across India The Ministry of Civil Aviation is planning to set up 21 new airports across India, and the Airports Authority of India (AAI) has taken up the new airports’ development as well as the expansion/upgradation of several existing airports at an estimated cost of Rs. 25,000 crores in the next four to five years.
Jan 05, 2022 Ministry approved Rs 40 crore to Ambala airport development The ministry has sanctioned a grant of Rs. 40 crore to begin construction of the domestic terminal at Ambala Sirport. The project is being taken up under the UDAN-3.0 scheme of the Central government to boost regional connectivity. The terminal will come up near Mama-Bhanja Peer on Jagadhri Road.
Dec 20, 2021 Rs. 91,000 cr expected for airports development Investments worth Rs 91,000 crore will be made for developing existing and new airports in different parts of the country, as several measures are being taken to boost the civil aviation sector. Currently, there are 13 airports operated by private companies under the public-private partnership model.