Take the pledge to vote

For a better tommorow#AajSawaroApnaKal
  • I agree to receive emails from News18

  • I promise to vote in this year's elections no matter what the odds are.
  • Please check above checkbox.

    SUBMIT

Thank you for
taking the pledge

Vote responsibly as each vote counts
and makes a diffrence

Disclaimer:

Issued in public interest by HDFC Life. HDFC Life Insurance Company Limited (Formerly HDFC Standard Life Insurance Company Limited) (“HDFC Life”). CIN: L65110MH2000PLC128245, IRDAI Reg. No. 101 . The name/letters "HDFC" in the name/logo of the company belongs to Housing Development Finance Corporation Limited ("HDFC Limited") and is used by HDFC Life under an agreement entered into with HDFC Limited. ARN EU/04/19/13618
LIVE TV DownloadNews18 App
News18 English
News18 » Business
1-min read

Govt Pursuing Efforts to Set Up Second Airport in Major Cities

Passenger traffic growth turned negative in April in the wake of the crisis at full-service carrier Jet Airways, which subsequently suspended operations due to cash crunch.

PTI

Updated:June 11, 2019, 8:57 PM IST
facebookTwitterskypewhatsapp

Seoul: To meet rising passenger demand, the civil aviation ministry is pursuing efforts to have a second airport in major cities and requesting state governments to reserve land for building the aerodromes, according to a senior official.

Airports Authority of India (AAI) Chairman Guruprasad Mohapatra said second aerodromes are required in major Indian cities, considering the way the aviation sector is growing. State-owned AAI manages 125 airports, including 11 international aerodromes.

Noting that land acquisition is a problem in the country, Mohapatra said at least 2,000 acres of land is required for construction of an airport.

"We have been writing to state governments from the ministry and the AAI to reserve land somewhere in the vicinity of the city for a second airport and use land restrictions so that structures do not come up," he told PTI in an interview.

While Mumbai and Delhi are set to have a second airport, Visakhapatnam might also have a second aerodrome.

"We are (also) trying for Kolkata, Chennai, Pune and other places," Mohapatra said while speaking on the sidelines of a conference here recently.

India has been one of the fastest growing domestic aviation markets in the world. However, passenger traffic growth turned negative in April in the wake of the crisis at full-service carrier Jet Airways, which subsequently suspended operations due to cash crunch.

In April, all operational airports handled 26.70 million passengers and 2,75,150 tonnes of freight, as per latest AAI data.

Global airlines' grouping IATA has said that India and China are projected to account for nearly half of the air passenger growth worldwide over the next two decades, with travellers coming from all walks of life.

Responding to a query on Jet Airways, Mohapatra said there has been no impact on the finances of the AAI.

"We took back all the money that Jet had to pay (as dues). We monitor airlines' dues very seriously in a structured manner and we have recovered whatever dues they owed

to us," he noted.

However, Mohapatra also said the suspension of operations by Jet Airways had a significant impact as around 700 slots at airports fell vacant.

A significant number of slots vacated by Jet Airways have been awarded to other airlines on a temporary basis.

Get the best of News18 delivered to your inbox - subscribe to News18 Daybreak. Follow News18.com on Twitter, Instagram, Facebook, Telegram, TikTok and on YouTube, and stay in the know with what's happening in the world around you – in real time.

Read full article
Next Story
Next Story

Also Watch

facebookTwitterskypewhatsapp
Most Active
Company Price Change %Gain
Yes Bank 51.40 8.44
Reliance 1,416.35 1.42
Indiabulls Hsg 231.20 16.80
Zee Entertain 250.20 -5.39
Maruti Suzuki 7,302.30 2.50
Company Price Change %Gain
HDFC AMC 2,882.20 6.11
Yes Bank 51.40 8.44
Indiabulls Hsg 231.50 17.42
Reliance 1,415.30 1.37
IRCTC 779.20 7.57
Top Gainers
Company Price Change %Gain
Yes Bank 51.40 8.44
Coal India 205.95 3.28
Adani Ports 421.70 3.07
Grasim 746.50 3.03
Maruti Suzuki 7,302.30 2.50
Company Price Change %Gain
Yes Bank 51.40 8.44
Coal India 205.95 3.31
Maruti Suzuki 7,318.15 2.74
Power Grid Corp 202.55 2.45
NTPC 121.00 2.02
Top Losers
Company Price Change %Gain
Zee Entertain 250.20 -5.39
Tata Motors 136.85 -1.90
Eicher Motors 20,275.90 -1.05
Bajaj Auto 3,087.05 -0.79
Hindalco 187.40 -0.74
Company Price Change %Gain
Tata Motors 136.70 -1.05
Bajaj Auto 3,088.80 -0.69
Bharti Airtel 383.25 -0.65
ICICI Bank 437.75 -0.64
Axis Bank 709.20 -0.19

Live TV

Countdown To Elections Results
To Assembly Elections 2018 Results