Govt to Develop More Airstrips, Adjust Airport Rules
AVIATION & AIRPORTS

Govt to Develop More Airstrips, Adjust Airport Rules

The Indian government is evaluating 300 airstrips for potential development into brownfield airports to enhance air connectivity, announced Aviation Secretary Vumlunmang Vualnam at the CAPA India Aviation Summit 2024. This move aims to improve connectivity, particularly to Tier-2 and Tier-3 cities. Currently, India has 453 airstrips, with 157 operational as airports.

The government is in the final stages of ratifying the Cape Town Convention (CTC), which will facilitate aircraft repossession by lessors, mitigating their risks. This step is critical after issues arose with repossessing planes from the bankrupt airline Go First.

India's airport ecosystem development plan spans 25 years, focusing on smaller airports feeding traffic to larger hubs. The number of operational airports has doubled in the last decade, and efforts are underway to expand this further. The government is also considering civil operations at more defence airfields to meet the growing demand in air travel.

Indian carriers have made significant aircraft orders to meet rising demand. Air India Group ordered 470 planes, IndiGo ordered 500 A320neo family planes, Akasa Air ordered 150 B737 Max aircraft, and IndiGo recently ordered 30 A350-900 widebody aircraft.

Domestic and international air traffic in India surpassed pre-pandemic levels in 2023-24, with international traffic reaching 69.7 million passengers and domestic traffic at 153.4 million passengers.

The government is also addressing airport regulations to ensure efficient operations and infrastructure development, aiming to meet the projected growth in air traffic and fleet expansion.

The Indian government is evaluating 300 airstrips for potential development into brownfield airports to enhance air connectivity, announced Aviation Secretary Vumlunmang Vualnam at the CAPA India Aviation Summit 2024. This move aims to improve connectivity, particularly to Tier-2 and Tier-3 cities. Currently, India has 453 airstrips, with 157 operational as airports. The government is in the final stages of ratifying the Cape Town Convention (CTC), which will facilitate aircraft repossession by lessors, mitigating their risks. This step is critical after issues arose with repossessing planes from the bankrupt airline Go First. India's airport ecosystem development plan spans 25 years, focusing on smaller airports feeding traffic to larger hubs. The number of operational airports has doubled in the last decade, and efforts are underway to expand this further. The government is also considering civil operations at more defence airfields to meet the growing demand in air travel. Indian carriers have made significant aircraft orders to meet rising demand. Air India Group ordered 470 planes, IndiGo ordered 500 A320neo family planes, Akasa Air ordered 150 B737 Max aircraft, and IndiGo recently ordered 30 A350-900 widebody aircraft. Domestic and international air traffic in India surpassed pre-pandemic levels in 2023-24, with international traffic reaching 69.7 million passengers and domestic traffic at 153.4 million passengers. The government is also addressing airport regulations to ensure efficient operations and infrastructure development, aiming to meet the projected growth in air traffic and fleet expansion.

Next Story
Infrastructure Urban

TBO Tek Q2 Profit Climbs 12%, Revenue Surges 26% YoY

TBO Tek Limited one of the world’s largest travel distribution platforms, reported a solid performance for Q2 FY26 with a 26 per cent year-on-year increase in revenue to Rs 5.68 billion, reflecting broad-based growth and improving profitability.The company recorded a Gross Transaction Value (GTV) of Rs 8,901 crore, up 12 per cent YoY, driven by strong performance across Europe, MEA, and APAC regions. Adjusted EBITDA before acquisition-related costs stood at Rs 1.04 billion, up 16 per cent YoY, translating into an 18.32 per cent margin compared to 16.56 per cent in Q1 FY26. Profit after tax r..

Next Story
Infrastructure Energy

Northern Graphite, Rain Carbon Secure R&D Grant for Greener Battery Materials

Northern Graphite Corporation and Rain Carbon Canada Inc, a subsidiary of Rain Carbon Inc, have jointly received up to C$860,000 (€530,000) in funding under the Canada–Germany Collaborative Industrial Research and Development Programme to develop sustainable battery anode materials.The two-year, C$2.2 million project aims to transform natural graphite processing by-products into high-performance, battery-grade anode material (BAM). Supported by the National Research Council of Canada Industrial Research Assistance Programme (NRC IRAP) and Germany’s Federal Ministry for Economic Affairs a..

Next Story
Infrastructure Urban

Antony Waste Q2 Revenue Jumps 16%; Subsidiary Wins Rs 3,200 Cr WtE Projects

Antony Waste Handling Cell Limited (AWHCL), a leading player in India’s municipal solid waste management sector, announced a 16 per cent year-on-year increase in total operating revenue to Rs 2.33 billion for Q2 FY26. The growth was driven by higher waste volumes, escalated contracts, and strong operational execution.EBITDA rose 18 per cent to Rs 570 million, with margins steady at 21.6 per cent, while profit after tax stood at Rs 173 million, up 13 per cent YoY. Revenue from Municipal Solid Waste Collection and Transportation (MSW C&T) reached Rs 1.605 billion, and MSW Processing re..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Get CW App