India to spend $780m to upgrade 36 airports

8/13/2010 10:27:27 AM

India's Ministry of Civil Aviation will invest US$780 million in the financial year that began April 1 to upgrade 36 airports, reported Dow Jones Newswires. Joint Secretary Alok Sinha said that of the $780 million, around $346 million is expected to be raised through loans and $130 million would be offered as a grant by the federal government. The remaining amount will come from the state-run Airports Authority of India's own funds. Sinha said that while 34 airports proposed to be upgraded are in smaller cities, the authority would also upgrade the major airports of Kolkata and Chennai.   Cargonews Asia

RELATED NEWS

OTHER NEWS

Continental, Brussels Air launch code-share (8/13/2010 10:27:00 AM) Lufthansa details freight rate rises (8/12/2010 10:25:14 AM) Carriers back to Baghdad (8/12/2010 10:24:08 AM) Strong exports drive air cargo business (8/11/2010 9:43:59 AM) Air France-KLM sees rise in cargo revenue (8/10/2010 10:10:06 AM) Cathay to buy 36 planes (8/10/2010 10:09:49 AM) Farnair expanding freight role (8/10/2010 10:04:42 AM) Lufthansa Cargo to increase freight prices (8/9/2010 10:35:38 AM) Delta Air Lines to Connect New York, Iceland (8/7/2010 10:12:17 AM) Airbus boosts single-aisle aircraft production to rate 40/month by 2012 (8/6/2010 10:11:17 AM)

COMMENTS

Your comment

Content: Email / Name / Tel:

The most comprehensive and easy-to-use global marine weather application

With the Courtesy of Bao Hoang Yachts Co. Click "HERE" to get your own 30day free trail or contact Ms Phuong Bui at Vietnam Shipper: phuongbq@vil.com.vn / 08.39330 148