Bidding for new airport in Mumbai to be completed this year: Patel

Mumbai: The India Aviation 2010 which is ongoing at Begumpet air base in Hyderabad, jointly organised by Ministry of Civil Aviation (MoCA) and Federation of Indian Chambers of Commerce & Industry (FICCI), was inaugurated by Civil Aviation Minister Praful Patel. While inaugurating the air show, Patel declared that the bidding process for construction of the new airport at Mumbai will be completed within a year.
His optimism was based on the robust 18 per cent CAGR (Compounded Annual Growth Rate) in civil aviation in 2009, despite the global slowdown. “I am looking at 2010 with cautious optimism and am hopeful that the worst will be over this year,” opined Patel. He added that the fact that USA is the focus country and France, the partner country, for this year’s air show reflected the recognition that the Indian civil aviation sector had arrived on the world map.
The inaugural session of the air show was also addressed by Timothy J Roemer, US Ambassador to India; Jerome Bonnafont, French Ambassador to India and Dr Dinesh Keskar, Chairman, FICCI Aviation Committee.
India Aviation 2010 has over 40 aircraft on static and flying display. Over 18 hospitality chalets have been taken by various companies from India and overseas to conduct meetings with their prospective customers in a typical air show atmosphere. Over 115 companies from overseas are participating in the show. Country pavilions have been put up by Canada, the Czech Republic, Germany, Russia and Netherlands. The AN 148 aircraft from Antonov UAC-Russia is on display for the first time.
06/03/10 TravelBizMonitor

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Categories: Airports Mar 2010, New Mar 2010