04 May 2021

India Aviation Industry Newsletter 4 May

Air Costa plans to raise funds through stake sale; to add three more Embraer aircraft Air Costa will add three more Embraer 190 aircraft in its fleet between September and January and plans to raise funds through a stake sale to a private equity investor in the next three months. AP government to set up Regional Airport Development Fund Andhra Pradesh government plans to set up an Andhra Pradesh Regional Airport Development Fund (APRADF) with an initial amount of Rs 100 crore to provide financial support for regional airport development. According to AP's draft civil aviation policy, the APRADF will be used to provide financial support to develop and operate airports as well as commercial airline operations wherever deemed necessary. Delhi's IGI world's top airport in passenger satisfaction Delhi’s Indira Gandhi International (IGI) airport has emerged the winner among the world’s best airports, according to a ranking by the Airports Council International (ACI), an association of the world’s airports. IGI won the best airport award for the year 2014, for passenger service under the category of airports handling 25-40 million passengers per annum (mppa). The airport scored 4.90 on a scale of 5, measured by 300 members of the ACI Airport Service Quality (ASQ) benchmarking programme. The survey, covers 34 service areas, including access, check-in, security, airport facilities, food and beverage and retail. GoAir partners with Eco Europcar, launches car rental services in 100 Indian cities GoAir announced the launch of car rental services across 100 cities in India in partnership with Eco Europcar.In an statement the carrier said "The airline will provide hassle-free last-mile connectivity to its passengers with chauffeur-driven cars across the spectrum of economy, mid to luxury car segments along with minivans for closed user groups," Acumen Aviation © 4 May 2021 All Rights Reserved.