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Giving yet another boost to the aviation industry in this part of the country, the Airports Authority of India (AAI) has recently signed an agreement with M/s Hercules Aviation Training School Pvt Ltd to establish a Flying Training Organization (FTO) at AAI’s Tezu Airport in Arunachal Pradesh.
Based on facial recognition technology, the app will offer travellers a biometrically enabled seamless travel experience.
According to a price formal notice from state-owned fuel retailers, the price of ATF in the national capital has been raised by 3,010.87 per kilolitre, or 3.22 percent, to 93,530.66 per kilolitre.
The AAI would be receiving more than the net benefits that it would have initially received if they operated the six airports on their own, as post the PPP, the estimated net benefits accumulating to the AAI would be more.
In the FY19, almost 101 of the AAI operated airports had gone through losses equalling to Rs 1,668.69 crore.
The Ministry Of Civil Aviation (MCA) and the Directorate General of Civil Aviation (DGCA) in regards of an affidavit submitted to the bankruptcy court said that Jet Airways could not claim any historical authenticity to obtain the slots. “The allocation of the slots would happen in accordance with the existing guidelines,” said the Government and Aviation regulator.
AAI has also signed communication, navigation, and surveillance-air traffic management agreements with the merchandiser for the provision of CNS-ATM services at three airports.
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