Coronavirus scare: Domestic air traffic may fall 15-20%

Civil aviation minister Hardeep Singh Puri said coronavirus scare may lead to a 15% -20% drop in domestic air traffic, while stressing that India would overcome the challenge and see robust growth in the civil aviation sector. The current challenges in the sector can be converted into opportunities as the aviation industry has ushered in an era of expansion, driven by factors such as low cost carriers (LCCs), modern airports, FDI in domestic airlines, usage of advanced IT systems and growing emphasis on regional connectivity. Read More

GHIAL inks 2 tripartite MoUs with Airbus and T, SpiceJet and Ras Al Khaimah Airport

Hyderabad: GMR Hyderabad International Airport Ltd (GHIAL) on Saturday said it has inked two tripartite agreements – one with SpiceJet and Ras Al Khaimah International Airport and the other with Airbus and the Telangana government.
GMR group said the MoU with Ras Al Khaimah International Airport and SpiceJet has been signed to promote exports of agricultural products from India to UAE and its neighbouring countries via Hyderabad and to create a dedicated freight corridor to leverage the agro and farming sector potential from Telangana and its neighbouring regions. Read More