AAI grapples with 29 Idle Planes, engages P&W amidst SC woes

25 Dec 2023 CW Team

At present, the Airports Authority of India (AAI) has 29 idle airplanes at its owned and managed airports. The AAI actively follows up with airlines to dispose of these idle aircraft, and a security deposit/bank guarantee of approximately Rs 7.3 billion is held against these assets, as mentioned by Minister Scindia.

In response to a supplementary question in the Lok Sabha, Minister Scindia highlighted that 95% of the grounded aircraft in India are attributed to engine supplier P&W, which is experiencing supply chain issues. The government has been in direct communication with P&W to address the situation. Additionally, Minister Scindia mentioned that Indian carriers are expanding their fleets with the induction of more aircraft.

In a separate written reply, Minister of State for Civil Aviation V K Singh stated that the AAI is implementing big data-based security appliance systems that leverage Artificial Intelligence (AI) and Machine Learning (ML) to predict and analyse cyber threats for enhanced protection against cyber-attacks.

Infrastructure Transport

06 Feb 2026

Lucknow Metro East-West Corridor Consultancy Contract Awarded

The Uttar Pradesh Metro Rail Corporation has awarded the first construction-related consultancy contract for the Lucknow Metro East West Corridor to a joint venture of AYESA Ingenieria Arquitectura SAU and AYESA India Pvt Ltd. The firm was declared the lowest bidder for the Detailed Design Consultant contract for Lucknow Metro Line-2 under Phase 1B and the contract was recommended following the financial bid. The contract is valued at Rs 159.0 million (mn), covering design services for the corridor. Lucknow Metro Line-2 envisages the construction of an 11.165 kilometre corridor connecting Cha..

Div Com Kashmir Urges Fast Tracking Of Jhelum Water Transport Project

The Divisional Commissioner of Kashmir has called for the fast-tracking of the Jhelum water transport project, urging district administrations and relevant agencies to accelerate planning and clearances. In a meeting convened at the divisional headquarters, the commissioner instructed officials from irrigation, public health engineering and municipal departments to prioritise the project and coordinate survey and design work. The directive emphasised removal of administrative bottlenecks and close monitoring to ensure timely mobilisation of resources and contractors. Officials were told to in..

Interarch Reports Strong Q3 And Nine Month Results

Interarch Building Solutions Limited reported unaudited results for the third quarter and nine months ended 31 December 2025, recording strong revenue growth driven by execution and a robust order book. Net revenue for the third quarter rose by 43.7 per cent to Rs 5.225 billion (bn), compared with Rs 3.636 bn a year earlier, reflecting heightened demand in pre-engineered building projects. The company’s total order book as at 31 January 2026 stood at Rs 16.85 bn, supporting near-term visibility. EBITDA excluding other income for the quarter increased by 43.2 per cent to Rs 503 million (mn),..