Maharashtra Government Approves Adani to Operate Upcoming Navi Mumbai International Airport
3 years, 6 months ago

Maharashtra Government Approves Adani to Operate Upcoming Navi Mumbai International Airport

News 18  

The Maharashtra government on Wednesday approved Adani Airport Holdings Ltd to operate the upcoming Navi Mumbai International Airport in the adjoining Thane-Raigad region, an official said here. The state cabinet presided over by Chief Minister Uddhav Thackeray gave its green signal to AAHL as the new concessionaire to the prestigious greenfield airport coming up as a public-private partnership project. With this, the AAHL, headed by industrial magnate Gautam Adani, becomes the biggest private airport operator running several major airports like Mumbai, Navi Mumbai, Ahmedabad and Lucknow, besides three more likely in the near future. The Navi Mumbai International Airport is coming up on 1,160 hectares of land.

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History of this topic

Adani acquires 86% stake in MRO firm Air Works
Trending News
21 hours, 39 minutes ago

Adani acquires 86% stake in MRO firm Air Works

Hindustan Times  

MUMBAI: The Adani group’s defence arm, Adani Defence Systems & Technologies Ltd, has signed an agreement to acquire an 85.8% stake in Air Works, India’s largest private-sector Maintenance, Repair and Overhaul company. Air Works, founded in Mumbai in April 1951 but now headquartered in Delhi, offers aviation services such as spanning line maintenance, heavy checks, interior refurbishment, painting, redelivery checks, …

IAF C-295 Makes Historic Landing at Navi Mumbai Airport, CM Shinde Warns of 'Flight and Fight' in State Elections
2 months, 1 week ago

IAF C-295 Makes Historic Landing at Navi Mumbai Airport, CM Shinde Warns of 'Flight and Fight' in State Elections

ABP News  

Maharashtra Chief Minister Eknath Shinde has declared his ruling alliance, Mahayuti, ready for both 'flight and fight' in the upcoming state elections. He highlighted the successful trial landing of an Indian Air Force aircraft at the Navi Mumbai International Airport, which is expected to begin commercial operations soon.

Navi Mumbai airport: Landing trial on Oct 5, domestic flights from March, international operations from June
2 months, 4 weeks ago

Navi Mumbai airport: Landing trial on Oct 5, domestic flights from March, international operations from June

Hindustan Times  

Navi Mumbai: The upcoming Navi Mumbai International Airport is set to conduct its first trial landing of an aircraft on October 5, with Prime Minister Narendra Modi expected to attend. All necessary arrangements are being made with Chief Minister Eknath Shinde himself looking into it.” Modi is expected to inaugurate several infrastructure projects in the Mumbai Metropolitan Region in the …

Navi Mumbai International Airport plans first trial landing for October 5, operations in June
3 months ago

Navi Mumbai International Airport plans first trial landing for October 5, operations in June

Hindustan Times  

Mumbai: The proposed Navi Mumbai International Airport is set to conduct its first trial landing of an aircraft on October 5, with Prime Minister Narendra Modi expected to attend. Domestic operations at the airport are scheduled to begin in March 2025, followed by international operations in June 2025. He was accompanied by CIDCO vice chairman and managing director Vijay Singhal, …

Adani Airports launches aviio digital platform to provide real-time data to passengers in 7 airports
3 months, 1 week ago

Adani Airports launches aviio digital platform to provide real-time data to passengers in 7 airports

The Hindu  

Adani Airports Holdings Limited has launched an app, aviio, to serve passengers and other stakeholders using seven airports, including Mangaluru International Airport, managed by the company in India. Passengers can expect easier access to airport information in the form of updates related to security checks, wait times, gate change and bags on belt, among other aspects. Apart from AAHL employees, …

Navi Mumbai Airport to be open by March 2025
5 months, 1 week ago

Navi Mumbai Airport to be open by March 2025

Hindustan Times  

Navi Mumbai: The Minister of State for Civil Aviation and Cooperation, Murlidhar Mohol, on Saturday said that the under-construction Navi Mumbai International Airport will be operational by March 2025. HT Image The announcement came following an inspection of the airport project site by union civil aviation minister Kinjarapu Rammohan Naidu and Mohol along with Kalyan MP Shrikant Shinde, CIDCO and …

Navi Mumbai airport to be operational in March 2025
5 months, 1 week ago

Navi Mumbai airport to be operational in March 2025

The Hindu  

The new international airport in Navi Mumbai will be operational starting March 2025, Minister of State for Civil Aviation Murlidhar Mohol said on July 13. Patil International Airport, along India’s first civil aviation airport at Juhu and the Chhatrapati Shivaji International Airport, will be the third airport in the Mumbai Metropolitan Region. Union Civil Aviation Minister Kinjarapu Ram Mohan Naidu …

With India's aviation industry soaring, this Adani stock could be a big winner
9 months, 1 week ago

With India's aviation industry soaring, this Adani stock could be a big winner

Live Mint  

India is set to become the world’s third-largest air passenger market by 2030, after China and the US, as per the International Air Transport Association. Where the Adani Group Fits in India’s Aviation Sector Adani Airport Holdings, with an integrated airport network comprising seven operational brownfields and one under-construction greenfield airport, is well poised to be a huge beneficiary of …

Navi Mumbai international airport will be operational by March 2025: Scindia
11 months, 1 week ago

Navi Mumbai international airport will be operational by March 2025: Scindia

The Hindu  

Union Civil Aviation Minister Jyotiraditya Scindia said the Navi Mumbai International Airport is set to be commercially operational by March 2025. “The airport aligns with Prime Minister Narendra Modi’s vision of multimodal connectivity under the Gati Shakti Yojana, featuring road, rail, and metro links, with potential water connectivity,” Mr. Scindia said. Contrary to Mr. Scindia’s claims, in June last year, …

Navi Mumbai airport's first phase to be operational by March-end next year: Scindia
11 months, 1 week ago

Navi Mumbai airport's first phase to be operational by March-end next year: Scindia

Hindustan Times  

Thane, Jan 14 Union Civil Aviation Minister Jyotiraditya Scindia has said the Navi Mumbai international airport will be commercially operational by March 2025. Incidentally, Chief Minister Eknath Shinde and Deputy Chief Minister Devebdra Fadnavis have been earlier quoted as saying that the airport will begin commercial operations by the second half of 2024. Referring to the vision of Prime Minister …

Navi Mumbai International Airport: To Operate in November This Year, Plan for Dual-Airport Cities Revealed
11 months, 1 week ago

Navi Mumbai International Airport: To Operate in November This Year, Plan for Dual-Airport Cities Revealed

News 18  

Union minister Jyotiraditya Scindia on Friday said the Navi Mumbai international airport will become operational from November or December this year, and also announced that in the next 10 to 15 years, at least 10 cities in India will have two airports each. “The country had been waiting since the last 60 years to see Mumbai getting connected to Navi …

From blueprint to reality: 21.8km Atal Setu connects dreams of Third Mumbai
11 months, 1 week ago

From blueprint to reality: 21.8km Atal Setu connects dreams of Third Mumbai

Hindustan Times  

From the skies, the 21.8-kilometre-long sea-link appears like an umbilical cord that binds the island city of Mumbai to the hinterland – which is apt, for if all goes to plan, the Mumbai Trans Harbour Link or the Atal Setu, to be declared open by Prime Minister Modi on Friday, will help birth a Third Mumbai. Leading developer Niranjan Hiranandani, …

Adani gives Navi Mumbai airport a $1 bn push
1 year, 1 month ago

Adani gives Navi Mumbai airport a $1 bn push

Live Mint  

MUMBAI : The Adani Group has invested close to $1 billion in Navi Mumbai International Airport Ltd, in a bid to start operations by December next year, two people with direct knowledge of the development said. On 19 July, while addressing an annual general meeting of shareholders, group chairman Gautam Adani said the Navi Mumbai airport will achieve operational readiness …

Adani Group says government probing accounts of two Mumbai airports
1 year, 2 months ago

Adani Group says government probing accounts of two Mumbai airports

Live Mint  

Adani Enterprises on Friday informed the stock exchanges that the corporate affairs ministry is probing the accounts of the group's two airports in Mumbai. had sought information and documents on the airports – Mumbai International Airport Ltd and Navi Mumbai International Airport Ltd – for financial years 2017-18 to 2021-22. The Adani Group acquired a 74% stake in Mumbai’s international …

Uttarakhand's Naini Saini airport near China border to resume operations after regulator nod
1 year, 6 months ago

Uttarakhand's Naini Saini airport near China border to resume operations after regulator nod

India Today  

Uttarakhand’s Naini Saini airport, which shut down within a year of beginning operations in 2019, will become functional once again. Confirming the news, Chief Minister Pushkar Singh Dhami tweeted, “I thank Prime Minister Narendra Modi and Union Civil Aviation Minister Jyotiraditya Scindia for issuing an aerodrome license to Uttarakhand Civil Aviation Development Authority for Naini Saini Airport, Pithoragarh.” “I am …

Navi Mumbai International Airport: Operations to Begin by 2024 End, Confirm Officials
1 year, 8 months ago

Navi Mumbai International Airport: Operations to Begin by 2024 End, Confirm Officials

News 18  

The Navi Mumbai International Airport currently is one of the most ambitious infrastructure projects in Maharashtra. This project is being developed by the Adani Group-led Navi Mumbai International Airport Limited. After numerous obstacles, Navi Mumbai International Airport is expected to open and be inaugurated in December 2024 as claimed by Adani Airports CEO Arun Bansal. In February 2017, Gunapati Venkata …

Need to reduce airports\' operating costs by 30-50%: Adani Airports CEO
1 year, 9 months ago

Need to reduce airports\' operating costs by 30-50%: Adani Airports CEO

Deccan Chronicle  

New Delhi: Adani Airports chief Arun Bansal on Wednesday said the cost of operating airports has to come down by 30-50 per cent in the coming years as he highlighted the growth potential of the Indian aviation market. Bullish on the Indian market, Bansal said it would like to operate more airports and eventually become a leading airport operator in …

Adani: Narendra Modi’s key ally threatening India’s economy
1 year, 10 months ago

Adani: Narendra Modi’s key ally threatening India’s economy

The Telegraph  

After sweeping to victory in the 2014 general election, Indian prime minister Narendra Modi hopped on a private jet from his home state of Gujarat to the capital New Delhi. Since Modi took office nine years ago, Adani’s fortune has ballooned as his sprawling empire won state contracts to build infrastructure projects across the country, making him one of the …

No, Mumbai Airport Wasn't 'Taken Away & Given to Adani'. A Fact-check for Rahul Gandhi by GVK Group
1 year, 10 months ago

No, Mumbai Airport Wasn't 'Taken Away & Given to Adani'. A Fact-check for Rahul Gandhi by GVK Group

News 18  

Business conglomerate GVK Group on Wednesday categorically said there was no “extraneous pressure” from anyone to sell its stake in Mumbai airport as alleged by Congress leader Rahul Gandhi. After that, India’s most strategic, profitable airport, Mumbai Airport, was taken away from GVK using agencies like the CBI, ED, and was given to Adani by the Government of India,” he …

Modi govt didn’t ‘pressure’ GVK to sell Mumbai Airport to Adani
1 year, 10 months ago

Modi govt didn’t ‘pressure’ GVK to sell Mumbai Airport to Adani

Live Mint  

The Narendra Modi administration, according to GV Sanjay Reddy, did not force GVK to hand over Mumbai Airport to the Adani Group. In July 2021, GVK handed control of the Mumbai airport over to Adani Airport Holdings Ltd. Gandhi earlier alleged that the Modi government “hijacked” “India's most profitable airport” from GVK using agencies like CBI and ED and gave …

Adani airport work may need new funding after FPO fiasco
1 year, 10 months ago

Adani airport work may need new funding after FPO fiasco

Live Mint  

The withdrawal of the follow-on public offering by the Adani Group will impact its airport upgradation plans, since over one-fourth of the proceeds was intended for developing its airports. According to the company’s plans, over ₹5,200 crore was to be used for upgradation of the airports in Ahmedabad, Lucknow and Mangaluru, starting January 2023 to March 2024, ₹4,165 crore for …

Adani Group may bid in upcoming airport auctions
1 year, 11 months ago

Adani Group may bid in upcoming airport auctions

Live Mint  

The Adani Group may join the upcoming auction of airports in the public-private partnership model, a top executive said. The speculation is that there will be 11 airports which will be bid this time and we will look at terms and conditions of the RFQ and accordingly, we will make a decision if there is any property which is of …

Maharashtra Govt Gives Nod To Name Navi Mumbai Airport After 'Local Hero' DB Patil After Row
2 years, 5 months ago

Maharashtra Govt Gives Nod To Name Navi Mumbai Airport After 'Local Hero' DB Patil After Row

News 18  

The Maharashtra Cabinet, led by Chief Minister Eknath Shinde, has cleared the proposal to name the upcoming Navi Mumbai international airport after DB Patil, the former Peasants & Workers Party leader from Navi Mumbai. The development takes place after protests erupted in parts of Navi Mumbai, Thane, and Palghar districts after the erstwhile Maha Vikas Aghadi government’s decision to name …

Adani Airports raises $250 million for airports development
2 years, 7 months ago

Adani Airports raises $250 million for airports development

India TV News  

Highlights AAHL is a wholly owned subsidiary of Adani Enterprises Ltd AAHL handle around 200 million consumers, including passengers and non-passengers It is largest airport infrastructure company, accounting for 30% of India’s air cargo traffic Adani Airport Holdings Ltd on Monday said it has raised USD 250 million through a 3-year ECB facility from a consortium of Standard Chartered Bank …

Mumbai International Airport raises $750 million from Apollo
2 years, 7 months ago

Mumbai International Airport raises $750 million from Apollo

Live Mint  

Adani Enterprises on Wednesday informed that Mumbai International Airport Ltd, which owns and operates the Chhatrapati Shivaji Maharaj International Airport in Mumbai, the second largest airport in India has raised $750 million senior secured private placement notes from Apollo-managed credit funds. “Apollo’s Credit business was able to provide a scaled, long-term capital solution for MIAL, with the majority of proceeds …

Navi Mumbai, the future and permanent commercial hub of India
2 years, 11 months ago

Navi Mumbai, the future and permanent commercial hub of India

Hindustan Times  

India, 11th January 2022: Navi Mumbai, the city that has become the number one choice of residence in the country, is fast growing into the top permanent commercial hub of the country, declares Bhupendra Shah, the chairman and managing director of Bhumiraj Group. Bhupendra Shah, the Chairman and Managing Director of Bhumiraj Group Speaking on the developments so far, Shah, …

Adani Group takes over Thiruvananthapuram International Airport
3 years, 2 months ago

Adani Group takes over Thiruvananthapuram International Airport

The Hindu  

The Adani Group has formally taken charge of the operations and management of the Thiruvananthapuram International Airport. Adani Thiruvananthapuram International Airport Ltd, a wholly-owned subsidiary of Adani Enterprises Ltd, will now operate, manage and develop the airport for a period of 50 years under a concession agreement signed with the AAI. The Adani Group, which is constructing the ₹7,525 crore …

Adani Group to take over Guwahati's Lokpriya Gopinath Bordoloi International Airport operations
3 years, 2 months ago

Adani Group to take over Guwahati's Lokpriya Gopinath Bordoloi International Airport operations

Firstpost  

The government of India included the Guwahati airport in the group of six airports – Ahmedabad, Lucknow, Mangalore, Jaipur and Thiruvananthapuram – set for privatisation for operations, management and development Guwahati: The Lokpriya Gopinath Bordoloi International Airport in Guwahati was handed over to the Adani Group for operations, management and development responsibilities on Friday. In 2018, the government of India …

Shiv Sena goons vandalize Adani signboard at Mumbai airport, Sena leader defends the act
3 years, 4 months ago

Shiv Sena goons vandalize Adani signboard at Mumbai airport, Sena leader defends the act

Op India  

On August 2 several Shiv Sainiks barged into the landscaped garden at Mumbai’s Chhatrapati Shivaji Maharaj International Airport, uprooted the Adani signboard and planted saffron flags. Maharashtra: Shiv Sena workers vandalise Adani signboard, which was placed near Chhatrapati Shivaji Maharaj International Airport in Mumbai pic.twitter.com/mzfypdwp0A — ANI August 2, 2021 The protestors led by Bharatiya Kamgar Sena General Secretary Sanjay …

Navi Mumbai International Airport- Boon or bane? -Bhupendra Shah analyses
3 years, 5 months ago

Navi Mumbai International Airport- Boon or bane? -Bhupendra Shah analyses

Hindustan Times  

The proposed Navi Mumbai international airport project planned in the city is both a boon and bane for the city at present. Speaking on the project, Shah, who is also the Chairman Trustee Board of Builders Association of Navi Mumbai says, “Fact is that the proposed airport is not really Navi Mumbai’s requirement. Land prices have appreciated manifold up from …

Why Mumbai's second airport is embroiled in controversy
3 years, 5 months ago

Why Mumbai's second airport is embroiled in controversy

India Today  

In one of the biggest protests in recent times, around 50,000 residents of Navi Mumbai tried to gherao the headquarters of the City and Industrial Development Corporation of Maharashtra or CIDCO at Belapur on June 24. They wanted to name the still-under-construction Navi Mumbai International Airport after the late socialist leader Di. They had gathered under the aegis of the …

Maharashtra: Farmers flout Covid-19 protocol to protest airport name change
3 years, 5 months ago

Maharashtra: Farmers flout Covid-19 protocol to protest airport name change

Op India  

On Thursday, a large group of ‘farmer protestors’ took out a demonstration in the City and Industrial Development Corporation over the naming of the newly constructed Navi Mumbai International Airport. The farmers, under the banner of Navi Mumbai International Airport Namakaran Kruti Samiti, hit the streets to protest the naming of the airport after Shiv Sena leader Balashaeb Thackeray. Shiv …

Adani group to operate new Navi Mumbai International Airport
3 years, 6 months ago

Adani group to operate new Navi Mumbai International Airport

India TV News  

The Maharashtra government on Wednesday approved Adani Airport Holdings Ltd to operate the upcoming Navi Mumbai International Airport in the adjoining Thane-Raigad region, an official said here. The state cabinet presided over by Chief Minister Uddhav Thackeray gave its green signal to AAHL as the new concessionaire to the prestigious greenfield airport coming up as a public-private partnership project. With …

India’s infrastructure king: Adani sees world’s top wealth surge
3 years, 8 months ago

India’s infrastructure king: Adani sees world’s top wealth surge

Al Jazeera  

After spending two decades building a business empire centered around coal, Indian billionaire Gautam Adani is now looking beyond the fossil fuel to cement his group’s future. Adani has emerged as India’s infrastructure king, diversifying from mines, ports and power plants into airports, data centers and defense — sectors Modi considers crucial to meeting India’s economic goals. “So long as …

Adani Group Acquires 23.5 Percent Stake in Mumbai International Airport, Aims 74 Percent Stake
3 years, 10 months ago

Adani Group Acquires 23.5 Percent Stake in Mumbai International Airport, Aims 74 Percent Stake

News 18  

Adani Group’s flagship holding company Adani Airport Holdings Ltd has acquired 23.5 per cent stake in the Mumbai International Airport Ltd from ACSA Global Ltd and Bid Services Division Ltd for Rs 1,685.25 crore. “Adani Airport Holdings Ltd has acquired 23.5 per cent equity stake i.e. 28,20,00,000 equity shares of Rs 10 of Mumbai International Airport Ltd from ACSA Global …

Adani-owned Ahmedabad, Lucknow, Mangaluru Airports Accredited in ACI Health Accreditation Programme
3 years, 11 months ago

Adani-owned Ahmedabad, Lucknow, Mangaluru Airports Accredited in ACI Health Accreditation Programme

News 18  

Three Adani Group-owned domestic airports in Ahmedabad, Lucknow and Mangaluru have been accredited in the Airports Council International Airport Health Accreditation programme, a release said on Monday. The ACI assessment covered the health and safety measures undertaken by the airports for passengers and staff in all the terminal areas, transportation and food and beverage services, escalators and elevators, lounges, facilities …

Sardar Vallabhbhai Patel International Airport, Ahmedabad Operations Handed Over to Adani Group
4 years, 1 month ago

Sardar Vallabhbhai Patel International Airport, Ahmedabad Operations Handed Over to Adani Group

News 18  

Adani Group takes over the operations of Sardar Vallabhbhai Patel International Airport, Airports Authority of India said on Friday. The official twitter handle of APD of Ahmedabad Airport also shared photos of AAI and Adani Group officials signing documents. “Airports Authority of India has completed handing over procedure of SVPI Airport to Adani Ahmedabad International Airport Ltd. At midnight tonight, …

Adani to Take Over Airport Ops at Mangaluru by Oct 31, Lucknow by Nov 2, Ahmedabad by Nov 11: AAI
4 years, 2 months ago

Adani to Take Over Airport Ops at Mangaluru by Oct 31, Lucknow by Nov 2, Ahmedabad by Nov 11: AAI

News 18  

The Adani group would be taking over the operations, management and development of the airports at Mangaluru, Lucknow and Ahmedabad from the AAI by October 31, November 2 and November 11, respectively, said an official press release on Thursday. "The AAI and concessionaires of Ahmedabad, Lucknow and Mangaluru airports will be completing conditions precedents as prescribed in the concession agreements …

Qatar fund in talks with Adani to invest in Mumbai airport
4 years, 2 months ago

Qatar fund in talks with Adani to invest in Mumbai airport

Live Mint  

Adani Airport Holdings Ltd is in advanced talks with Qatar Investment Authority to sell a minority stake in Mumbai International Airport Ltd that it acquired last month, two people aware of the matter said. The Qatar fund prefers to invest directly in the Mumbai airport operator, but alternatively, it may buy a stake in parent Adani Airport, the person said …

Adani gets till 12 Nov to take over airports
4 years, 2 months ago

Adani gets till 12 Nov to take over airports

Live Mint  

The Airports Authority of India has given Adani Enterprise time till 12 November to take over the management of three privatised airports of Ahmedabad, Mangaluru and Lucknow due to the ongoing covid-19 pandemic, ministry of civil aviation said in a presentation on Thursday. Due to covid-19, M/s Adani Enterprises Ltd has cited force majeure and filed for extension in March, …

CCI Approves Adani's Acquisition of Stake for Mumbai Airport From GVK
4 years, 2 months ago

CCI Approves Adani's Acquisition of Stake for Mumbai Airport From GVK

News 18  

The Competition Commission of India has approved the Adani Airport Holdings’ acquisition of a controlling stake in the Mumbai Airport from the GVK Airport Developers Ltd. Green channel is an automatic approval system, whereby a combination is deemed to have been approved by the CCI upon receiving the filing of the notice for the combination by the parties concerned. “Commission …

Gautam Adani says airports to create adjacencies for group businesses
4 years, 3 months ago

Gautam Adani says airports to create adjacencies for group businesses

India TV News  

Billionaire Gautam Adani on Wednesday said his ports-to-energy conglomerate acquiring a controlling stake in Mumbai airport will help expand its existing portfolio of six airports and create strategic adjacencies for the group's other businesses. Earlier this week, Adani Airports, a subsidiary of Mumbai-listed Adani Enterprises, announced the acquisition of GVK Airport Developers Ltd's 50.50 per cent stake in the Mumbai …

Adani to acquire Mumbai airport
4 years, 3 months ago

Adani to acquire Mumbai airport

Live Mint  

Adani group will take control of India’s second-busiest airport of Mumbai, in the biggest-ever thrust to its ambition to become a top airports operator. The Adani group will also buy the combined 23.5% stake held by Airport Company of South Africa and South Africa’s Bidvest group in MIAL, for which it has obtained the approval of the Competition Commission of …

Adani Group Acquires 74 Percent Stake in Mumbai Airport, Becomes India's Largest Private Operator
4 years, 3 months ago

Adani Group Acquires 74 Percent Stake in Mumbai Airport, Becomes India's Largest Private Operator

News 18  

Billionaire Gautam Adani’s Adani Group has acquired the majority stake at the Mumbai International Airport. Adani now has 74 percent stake in the Chattarpati Shivaji Maharaj International Airport, 50.5 percent of which has been bought from its previous operator GVK Group and 23.5 percent from other minority partners including Airports Company South Africa, and Bidvest Group. This is the first …

Cabinet approves leasing out three major AAI airports of Jaipur, Guwahati, Thiruvananthapuram
4 years, 4 months ago

Cabinet approves leasing out three major AAI airports of Jaipur, Guwahati, Thiruvananthapuram

India TV News  

The Union Cabinet on Wednesday approved the proposal for leasing out airports at Jaipur, Guwahati and Thiruvananthapuram through public-private partnership. Adani Enterprises had won the rights to run six airports - Lucknow, Ahmedabad, Jaipur, Mangaluru, Thiruvananthapuram, and Guwahati - through the PPP model after a competitive bidding process in February 2019. In July 2019, the Union Cabinet had approved the …

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