The Indian Competition Commission, a fair trade regulator, announced on Friday that it has approved the proposed agreement between GMR Airports Infrastructure and Aeroports de Paris SA under the green lane. The proposed merger involves the proposed acquisition and subscription by ADP of convertible bonds in foreign currencies issued by GMR Airports Infrastructure Ltd, according…
NEW DELHI: The Adani Group – India’s largest private airport operator (in terms of number of airports in its portfolio) which currently manages seven operational airports including Mumbai CSMA extension and building the next Navi Mumbai hub – expects India to have one billion air travelers by 2040, with passenger traffic growing on average 8.5%…
(Bloomberg) – India will spend an estimated 980 billion rupees ($12 billion) over the next two years on airports, airline orders for hundreds of new planes to meet growing travel demand exerting a pressure on existing infrastructure. The world’s fastest growing aviation market aims to increase the number of airports to 220 by 2025 from…
The UK’s eight largest airports plan to carry nearly 150 million more passengers a year, the equivalent of 300,000 more wide-body aircraft, in a bet that climate targets won’t hold back the industry. A Financial Times analysis of their expansion plans found that, combined, they would be able to handle 387 million passengers a year,…
