A partnership consisting of Incheon International Airport Corporation (IIAC) and Filipino companies has secured a contract worth 170.6 billion pesos ($3.05 billion) to manage and maintain Manila’s primary airport for a potential duration of up to 25 years.
GMR Airport
The GMR Group has raised its ownership in Hyderabad Airport from 63% to 74%, having acquired the 11% stake previously held by Malaysia Airport Holdings Berhad (MAHB) Group for $100 million.
The GMR School of Aviation establishment has become a reality, securing approval from the European Aviation Safety Agency (EASA) under EASA.147.0207 Basic Training Initial Approval.
GMR Group, a conglomerate with a significant presence in the aviation sector, is currently developing a greenfield airport project in Crete, Greece, in collaboration with GEK TERNA.
Young aviation engineers will receive maintenance training from Airbus thanks to a partnership the company has with the GMR Group.
GMR Group has announced that the Kualanamu International Airport in Medan, Indonesia has started to be run by its joint venture, Angkasa Pura Avicii. PT Angkasa Pura II, the state-owned airport operator in Indonesia, and GMR Airports Ltd. have partnered to become Angkasa Pura Aviasi (APA).