ZEE Business
ZEE BUSINESS
हिंदी में पढ़ें  हिंदी में पढ़ें
Live TV
Live TV
  • Home
  • Budget 2023
  • Adani Saga
  • Markets
    • Stocks
    • Global Markets
    • IPO
    • Companies
    • Currency
    • Commodities
  • My Money
  • Calculators
    • Income Tax Calculator
    • Home Loan/EMI Calculator
    • Mutual Fund Returns Calculator
    • Personal Loan Calculator
    • Car Loan Calculator
    • SIP calculator
    • Lumpsum Calculator
    • SWP Calculator
  • Videos
    • M Se Market
    • Jeb Zindagi Zaroorat
    • Light Camera Stocks
    • Tech Takes
    • Big Bulls Ka Nishana
    • Paisa Wasool
    • Commodity Ke MrityunjayMantra
    • The Right Property Show
  • Economy & Infra
    • Policy & Initiatives
    • Agriculture
    • Telecom
    • Aviation
    • Railways
    • Retail
    • Roadways
    • World Economy
  • Exclusive
    • Wealth Guide
    • Interviews
  • Auto
    • Cars
    • Bikes
    • Electric Vehicle
    • Commercial Vehicles
  • Tech
    • Mobiles
    • Gadgets
    • Reviews
    • Tips and Tricks
    • Apps
  • Real Estate
    • Home Buyers
    • Builders
  • Axis MF
  • Trending
    • Entertainment
    • Politics
    • Lifestyle
    • Travel
    • Sports
    • Viral
    • Education
    • Jobs
Read in App
Business News » India News

Navi Mumbai airport to be operationalised by 2021-22: Minister

It is operated under the Western Air Command.

  • Twitter
  • Facebook
  • Linkedin
  • whatapp
  • View in App
Navi Mumbai airport to be operationalised by 2021-22: Minister
On the national carrier Air India, he said that the government is trying to financially revive the airline. Reuters

The Central government plans to operationalise Navi Mumbai airport by 2021-22, apart from creating additional infrastructure at existing airports in Delhi and Banagalore, Minister of State for Civil Aviation Jayant Sinha said on Wednesday.Speaking at the CAPA India Aviation Summit, the Minister said that efforts are on to decongest existing airports in metro cities and that the civil enclave at the Hindon Air Force base is likely to be operationalised next month.

A civil enclave is an area allotted at an airport belonging to the armed forces for providing civilian air transport services.

Earlier, the Ministry of Defence agreed to make the Air Force base available for flight operations under the second round of the Regional Connectivity Scheme -- Udan -- (RCS-Udan).

The Air Force Station is located around 30 km away from downtown New Delhi and is spread over an area of over 55 sq km, making it one of the largest air bases in Asia.

It is operated under the Western Air Command.

Besides, the Minister said, new runways are being constructed at Delhi and Bangalore airports.

On the national carrier Air India, he said that the government is trying to financially revive the airline.

Sinha said that the government has strengthened the airline`s management and prepared a revival plan for the national passenger carrier.

The Central government plans to operationalise Navi Mumbai airport by 2021-22, apart from creating additional infrastructure at existing airports in Delhi and Banagalore, Minister of State for Civil Aviation Jayant Sinha said on Wednesday.

Speaking at the CAPA India Aviation Summit, the Minister said that efforts are on to decongest existing airports in metro cities and that the civil enclave at the Hindon Air Force base is likely to be operationalised next month.

A civil enclave is an area allotted at an airport belonging to the armed forces for providing civilian air transport services.

Earlier, the Ministry of Defence agreed to make the Air Force base available for flight operations under the second round of the Regional Connectivity Scheme -- Udan -- (RCS-Udan).

The Air Force Station is located around 30 km away from downtown New Delhi and is spread over an area of over 55 sq km, making it one of the largest air bases in Asia. It is operated under the Western Air Command.

Besides, the Minister said, new runways are being constructed at Delhi and Bangalore airports.

On the national carrier Air India, he said that the government is trying to financially revive the airline.

Sinha said that the government has strengthened the airline`s management and prepared a revival plan for the national passenger carrier.

Watch This Zee Business Video

According to the Minister, a SPV (special purpose vehicle) has been created which will take care of Rs 29,000 crore worth of debt. Air India Group has a total Rs 55,000-crore loan burden.

The revival plan comes after government`s efforts to offload a majority stake in the airline failed in May 2018.

Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.

TAGS:
Navi Mumbai AirportUdan
Written By: IANS
Updated: Thu, Feb 14, 2019
01:41 pm
New Delhi, IANS
RELATED NEWS
L&T Construction bags contract for Navi Mumbai Airport L&T Construction bags contract for Navi Mumbai Airport
'New tariff model risky for greenfield airport developers' 'New tariff model risky for greenfield airport developers'
'Navi Mumbai Airport's phase I construction may cost 50% more' 'Navi Mumbai Airport's phase I construction may cost 50% more'
Virgin Hyperloop One signs pact with India for broad hyperloop framework Virgin Hyperloop One signs pact with India for broad hyperloop framework
GVK outbids GMR Infrastructure; wins Navi Mumbai International Airport project bid GVK outbids GMR Infrastructure; wins Navi Mumbai International Airport project bid

LATEST NEWS

Hindenburg Effect: Axis Bank says exposure to Adani Group is nearly 1% of total loans

This Dolly Khanna stock to trade ex-dividend on Monday – should you buy? analyst suggests this

UGC NET 2023: UGC-National Eligibility Test Admit card to be released soon — Check exam date, how to download admit card, other details here

Global bond indices not exclusive club or gymkhana; India will get into it on own terms: Top Govt Official

Market Next Week: Tata Steel, Hero Moto, M&M results, RBI policy meeting, macro data, global cues among top cues for D-Street

Explained: What is Chinese spy balloon that was shot down by US Air Force - Check Video

JBM Group to foray into electric bus markets of THESE 6 states - check list here

Pathaan Box Office Collection: Shah Rukh Khan-starrer raises Rs 729 crore worldwide - Check domestic collection after Day 10| OTT release date here

PIB Fact Check unearths truth behind this viral letter on PM Mudra loan scheme; have you also received any such post?

ITC Dividend 2023: Check record date, ex-date and payment date | ITC Share Price NSE Target

  • India News
  • World News
  • Companies News
  • Market News
  • Personal Finance News
  • Technology News
  • Automobile News
  • Small Business News
  • Income Tax Calculator
  • Live TV
  • Videos
  • Photos
  • Author
  • Rss Feed
  • Advertise with us
  • Privacy Policy
  • Legal Disclaimer

Latest Trending Updates

  • EPFO
  • Budget 2020
  • Income Tax Return
  • Auto Expo 2020
  • Home Loan
  • Business News

Trending Topics

  • Income Tax
  • income Tax Calculator
  • 7th Pay Commission
  • Reserve Bank of India
  • GST
  • Latest Business News

Follow us on

zeebiz
zeebiz

Partner Sites

  • Zee News
  • Hindi News
  • Marathi News
  • Bengali News
  • Tamil News
  • Malayalam News
  • Gujarati News
  • Telugu News
  • Kannada News
  • DNA
  • WION
© 2023. India Dot Com Private Limited. All Rights Reserved.
LIVE TV