Mumbai: The official handover of the Chhatrapati Shivaji International Airport by the Airport Authority of India (AAI) to the new management—Mumbai International Airports Ltd (MIAL)—is likely to take place between one and two weeks.
The first major step towards this was taken on Wednesday when the GVK group-led consortium officially took over the management control of MIAL by bringing in the capital and the new chairman GV Krishna Reddy taking charge.
“The physical takeover of the airport will take place over the next few weeks triggering a three month transition phase for the operations when teams from both AAI and the MIAL will be working together,” said GV Sanjay Reddy, director, GVK Group.
The GVK-Airports South Africa consortium holds 76 per cent equity in the joint venture while the AAI holds the remaining.
21/04/06 C Chitti Pantulu/Daily News & Analysis
To Read the News in full at Source, Click the Headline
Friday, April 21, 2006
Home »
» Mumbai airport will get a new boss in two weeks
Mumbai airport will get a new boss in two weeks
Friday, April 21, 2006
Related Posts:
Auckland airport outlines Guangzhou hub plan, targets Indian tourists Auckland International Airport sees India as one of the most attractive sources of immediate growth in passenger arrivals and is planning to more tha… Read More
Ministry steps in as police, DIAL bicker over rent at IGI Airport New Delhi: The Ministry of Home Affairs has expressed reservations over Delhi International Airport Limited's (DIAL) decision to charge the Delhi Pol… Read More
Airlines eager to set up in India despite stiff challenges New airlines are planning to launch in India at a time when existing carriers are facing strong headwinds amid a turbulent operating environment and … Read More
CIDCO steps up efforts for Navi Mumbai airport project Mumbai: Although the Bombay High Court has allowed it to cut mangroves spread over 108 hectares, the state-run City and Industrial Development Corpor… Read More
Tatas to fund Jamshedpur facelift Jamshedpur: Tata Steel is taking help from international urban planners to draw up a facelift plan for the Steel City.The company has invited s… Read More
0 comments:
Post a Comment