India’s airport sector will receive investments exceeding Rs 1 lakh crore over the next 4-5 years, according to a new report by ICRA.
Indian airport news
Aviation Minister Ram Mohan Naidu announced ambitious plans to construct 50 new airports within the next five years.
The Airports Authority of India (AAI) increased its spending on repairs and maintenance for 101 airports by nearly 20% in the last fiscal year.
Kempegowda International Airport (KIA), Bangalore, has earned recognition from aviation analytics firm Cirium as the world’s most punctual airport for the past three years.
Icra , raised its forecast for international air passenger traffic at Indian airports this fiscal year to 80-85 percent of pre-pandemic levels.
“The Committee have their apprehension that Gaya living a holy city, locals might be finding it mean or embarrassing on their city being recognized in the international community with the code name ‘GAY’,” a Parliamentary panel had told.