• Airways
  • Railway
  • Roadways
  • Shipping & Port
Transport Advancement
  • Home
  • News
  • Projects
    Highways England unveils plans to widen A12

    Highways England unveils plans to widen A12

    African Development Bank, Africa50 in Landmark Bridge Project Linking Kinshasa and Brazzaville

    Geely Holding to Cooperate with China Aerospace Science and Industry Corporation on Developing Technologies Including Supersonic Trains

    AECOM to provide site supervision services for Malaysia’s East Coast Rail Link project

    Talgo obtains €30 million from the European Investment Bank for Innovation projects

    U.S. Department of Transportation Advances Rail Projects in Florida and Texas

    World premiere of the Mercedes-AMG Project ONE: Mercedes-AMG brings Formula 1 technology to the road

    One of the world’s longest electric car highways will be built in Australia

    CX North America Releases Next-Generation Mobile App for Drivers

  • Articles
  • Press Statements
  • Market Reports
    MaaS

    Mobility as a Service – MaaS Set To Witness A Global Demand

    Transportation growth in Tourism

    On-Demand Transportation Throttles Growth in Tourism

    Achieving Global Retail Expansion And Sustained Growth

    Shifting Sourcing strategies with Maersk, Bose & Infineon – Reuters Events

    Austal signs agreement to buy BSE Maritime Solutions

    Austal signs agreement to buy BSE Maritime Solutions

    HPC leads machine learning initiative at Hamburg container terminal

    Chinas busiest port sees growth in sea-rail transport

    IATA health checklist to help airlines implement ICAO Covid-19 guidance

    Air cargo demand helps Korean to Q3 operating profit

    Kuehne + Nagel makes acquisitions in the Netherlands and Belgium to expand its overland network

    Kuehne + Nagel makes acquisitions in the Netherlands and Belgium to expand its overland network

    Transoft acquired Keysoft Solutions

    Transoft Solutions Completes Acquisition of Uk-based Keysoft Solutions

  • Events
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Projects
    Highways England unveils plans to widen A12

    Highways England unveils plans to widen A12

    African Development Bank, Africa50 in Landmark Bridge Project Linking Kinshasa and Brazzaville

    Geely Holding to Cooperate with China Aerospace Science and Industry Corporation on Developing Technologies Including Supersonic Trains

    AECOM to provide site supervision services for Malaysia’s East Coast Rail Link project

    Talgo obtains €30 million from the European Investment Bank for Innovation projects

    U.S. Department of Transportation Advances Rail Projects in Florida and Texas

    World premiere of the Mercedes-AMG Project ONE: Mercedes-AMG brings Formula 1 technology to the road

    One of the world’s longest electric car highways will be built in Australia

    CX North America Releases Next-Generation Mobile App for Drivers

  • Articles
  • Press Statements
  • Market Reports
    MaaS

    Mobility as a Service – MaaS Set To Witness A Global Demand

    Transportation growth in Tourism

    On-Demand Transportation Throttles Growth in Tourism

    Achieving Global Retail Expansion And Sustained Growth

    Shifting Sourcing strategies with Maersk, Bose & Infineon – Reuters Events

    Austal signs agreement to buy BSE Maritime Solutions

    Austal signs agreement to buy BSE Maritime Solutions

    HPC leads machine learning initiative at Hamburg container terminal

    Chinas busiest port sees growth in sea-rail transport

    IATA health checklist to help airlines implement ICAO Covid-19 guidance

    Air cargo demand helps Korean to Q3 operating profit

    Kuehne + Nagel makes acquisitions in the Netherlands and Belgium to expand its overland network

    Kuehne + Nagel makes acquisitions in the Netherlands and Belgium to expand its overland network

    Transoft acquired Keysoft Solutions

    Transoft Solutions Completes Acquisition of Uk-based Keysoft Solutions

  • Events
  • Contact Us
No Result
View All Result
Transport Advancement
No Result
View All Result
Home Airways

India defers on privatisation of four airports

19th August 2015
in Airways, Asia Pacific, News
0
SHARES
19
VIEWS
Share on FacebookShare on Twitter

The Indian Government has decided not to go ahead with the privatisation of four of airports in Chennai, Kolkata, Jaipur and Ahmedabad.

The Airports Authority of India (AAI) will continue to control the Chennai and Kolkata airports while the maintenance and operations of the other two airports is likely to be contracted.

 

A senior official from the civil aviation ministry was quoted by Firstpost as saying: “Unlike other airports under AAI where private parties have been allowed, significant investment has already been made by the AAI in these four airports at about Rs50bn.

“Privatisation is usually done to attract investments but since significant money has already been invested in these projects, we have put the entire process on hold. Besides, there were some employee issues too.”

In January, AAI invited bids from national and international firms for operating the airports under public private partnership (PPP), and eight companies including GMR Airports, GVK Group, Adani Ports and Special Economic Zone, Siemens Postal Parcel and Airport Logistics and International Business Development Flughafen Zurich expressed an interest.

The announcement of privatisation of the airport had resulted in a backlash from airport staff who feared that the move would result in a loss of their jobs.

The International Air Transport Association (IATA) has also opposed the move.

IATA Director-General Tony Tyler was quoted by Business Standard as saying: “My suggestion is the government should carry out a rigorous cost-benefit analysis before taking a decision on these four Airports Authority-run airports in Chennai, Kolkata Ahmedabad and Jaipur.”

 

The AAI has spent Rs27bn ($412m) and Rs24bn ($366m) on upgrading the Kolkata and Chennai airports, respectively.

Previous Post

D2N2 to provide fund to develop Seymour link road in UK

Next Post

Work begins to upgrade Phoenix Park Tunnel line in Ireland

Related Posts

Airlines Adopt Innovative
Airways

Airlines Adopt Innovative Ways to Procure Aircraft Parts

2nd May 2025
London Paris High Speed Rail Link
High-Speed Railways

FS Groups London-Paris High-Speed Rail Link on the Cards

15th April 2025
Swedish Transport Electric Bus
News

Swedish Transport Operator Orders 81 Solaris Electric Buses

15th April 2025
JBM New Electric Bus Design
Europe

JBM to Rollout New Electric Bus Designed for European Market

15th April 2025
Europe High Speed Rail
Europe

Starline: Europe High-Speed Rail with Metro-Like Function

15th April 2025
European High Speed Rail System
News

21st Europe Starline Rolls European High-Speed Rail System

14th April 2025
Next Post

UK to keep five-year hold on regulated rail fares cap at 1% RPI

Latest Post

Airlines Adopt Innovative
Airways

Airlines Adopt Innovative Ways to Procure Aircraft Parts

2nd May 2025
Airways

DHL & Senior Aerospace UPECA Partner on SAF Solutions

6th March 2025
Airways

Ireland’s First International Air Delivery of Medicines on 100% Sustainable Aviation Fuel

25th February 2025
Airways

European transport groups call for more green fuel

18th February 2025
Global Demand For Air Cargo Shrinks Even Further In December
Airways

Cathay Cargo Eyes Indian Airlines For Hong Kong Facility

26th September 2024
Royal Schiphol Group announces redevelopment of its affiliate Terminal 4 at New York JFK Airport
Airways

How Private 5G Networks Are Transforming Airport Efficiency

26th September 2024
Transport Advancement

About Us

Transport Advancement is a leading information centric website for latest updates within the industry. We cover Railway, Road Traffic, Airways, Shipping & Port and run with an objective to provide knowledge driven content to our readers and subscribers in various forms like news, projects, upcoming events.

Subscribe Us

Resources

  • Advertise with us
  • Contact Us
  • Newsletter Archive
  • Download Mediapack
  • Newsletter Subscription

System

  • Search
  • Site map
  • RSS Feed
  • Airways
  • Railway
  • Roadways
  • Shipping & Port

© 2022 Copyright Value Media Services 2022 All rights reserved.

No Result
View All Result
  • Home
  • News
  • Projects
  • Articles
  • Press Statements
  • Market Reports
  • Events
  • Contact Us

© 2022 Copyright Value Media Services 2022 All rights reserved.