Search Result for : Low Cost Operators

Civil Aviation Policy envisages growth of cargo volumes to 10 mn tonnes by 2027

The Dollar Business Bureau The National Civil Aviation Policy, 2016 has envisaged growth of cargo volumes to 10 million tonnes by 2027. As per data maintained by the Airports Authority of India (AAI), air freight handled at Indian airports grew by more than 20 times from 0.08 million metric tonnes in 1972-73 to 2.5 million metric tonnes in 2014-15, and its compound annual growth rate (CAGR) was 8.8% during 2013-14 to 2016-17. Measured in million tonne-kilometers, the data maintained by the World Bank also shows that air freight transported by India went up from 96.3 million tonne-kilometers in 1970 to 1,833.8 million tonne-kilometers in 2015. As per data maintained by the Airports Authority of India (AAI), air freight handled at Indian airports ...

Fifteen new airports to widen air connectivity among smaller cities

The Dollar Business Bureau In order to improve air connectivity in smaller cities, the government has granted “in principle” approval for setting up of 15 greenfield airports across the country. Greenfield airports are set up on undeveloped land with an aim to cater to the areas that are yet to be connected to the existing airports. Upcoming airport projects are planned in Mopa in Goa, Navi Mumbai, Shirdi and Sindhudurg in Maharashtra. Karnataka will have four such airports at Bijapur, Gulbarga, Hasan and Shimoga, while Kerala will get two— Kannur and Aranmula. Besides, Durgapur in West Bengal, Dabra in Madhya Pradesh, Pakyong in Sikkim, Karaikal in Pudducherry and Kushinagar in Uttar Pradesh will also be covered under the ...