No runway expansion at Mangaluru Airport for now

coastaldigest.com news network
August 21, 2017

Mangaluru, Aug 21: Even though Karnataka government has set aside Rs 3,399.36 lakh for acquisition of 396.67 acres of land for the expansion of Mangaluru International Airport, the Airport Authority of India (AAI) has reportedly postponed its plan of runway expansion.

In a fresh development, AAI chairman Guruprasad Mohapatra has written to Karnataka Chief Secretary Subhash Chandra Khuntia saying the expansion project is not feasible.

However, the state government has decided to go ahead with the plan of acquisition of 34 acres of land to set up RESA (Runway End Safety Area) will be done as per the directions of DGCA (Director General of Civil Aviation).

After 2010 air crash, the AAI had proposed to expand the new runway from 2,450 m to 2,740 m. The existing runway meets the requirements of Airbus 320/321 and Boeing-737 aircraft. However, expansion is must to felicitate the landing of wide-bodied aircraft like Boeing-777 and Boeing-747.

The expansion will also increase the number of destinations/connectivity worldwide. Currently, Mangaluru is directly connected to Bengaluru, Mumbai, Delhi, Hyderabad and Chennai with multiple daily flights in this domestic sector and Dubai, Abu Dhabi, Dammam, Sharjah, Doha, Bahrain and Muscat in the international sector.

If sources are to be believed, high cost and other challenges including table-top runway forced the AAI to postpone the expansion plan. On the other hand AAI may take other steps to maximise operations at the Airport in the present scenario, limiting the operations to Airbus 320/321 and Boeing-737 with load penalty.

Comments

Mohammed Ali
 - 
Monday, 21 Aug 2017

Once again the Kerala lobby working on behind. Note that the Kannur Airport will commence soon.

Suresh
 - 
Monday, 21 Aug 2017

They need more time to loot money so postponed

Sandesh
 - 
Monday, 21 Aug 2017

DOnt make communal issue on this matter.  

Unknown
 - 
Monday, 21 Aug 2017

Because most of the fraud things done by you people only

Ibrahim
 - 
Monday, 21 Aug 2017

First M'luru airport staff should expand thier mind. Thier beahaviour towards a muslim is not good

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News Network
November 11,2024

Udupi, Nov 11: A traveller reportedly lost ₹4.1 lakh after attempting to book a cab online in Udupi. 

At around 1:30 PM on November 7, the man from West Bengal searched for car rentals on Google and selected a website named "Shakti Car Rentals." Shortly after, he was contacted by someone claiming to be "Rohit Sharma," who directed him to pay a registration fee of ₹150 on the site.

After unsuccessful payment attempts via both his Canara Bank debit card and SBI credit card (without receiving an OTP), "Rohit Sharma" instructed him to pay the driver directly. But at 1:47 PM, he received messages showing deductions of ₹3.3 lakh from his SBI credit card and ₹80,056 from his Canara Bank debit card, totaling ₹4.1 lakh.

The complainant alleges fraud through a deceptive link disguised as a booking token fee. A case has been registered at Udupi Town Police Station.

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News Network
November 21,2024

adani.jpg

Shares of Adani Group companies lost about $28 billion in market value in morning trade on Thursday after US prosecutors charged the billionaire chairman of the Indian conglomerate in an alleged bribery and fraud scheme.

Gautam Adani's flagship company Adani Enterprises tumbled 23 per cent, while Adani Ports, Adani Total Gas, Adani Green, Adani Power, Adani Wilmar and Adani Energy Solutions, ACC , Ambuja Cements and NDTV fell between 20 per cent and 90 per cent.

Adani group's 10 listed stocks had a total market capitalisation of about $141 billion at 0534 GMT, compared to $169.08 billion on Tuesday.

US authorities said Adani and seven other defendants, including his nephew Sagar Adani, agreed to pay about $265 million in bribes to Indian government officials to obtain contracts expected to yield $2 billion of profit over 20 years, and develop India's largest solar power plant project.

Adani Green in a statement on Thursday said the US Justice Department had issued a criminal indictment against board members Gautam Adani and Sagar Adani and the Securities and Exchange Commission had issued a civil complaint against them.

The US Justice Department also included Adani Green board member Vneet Jaain in the criminal indictment, it said.

Adani Green's units had decided not to proceed with the proposed US dollar denominated bond offerings due to developments, it added.

"Investors will shy away from Adani Group stocks ... and that's what this sharp selling is signifying," said Saurabh Jain, assistant vice president of retail equities research at SMC Global Securities.

"This could hurt the credibility of the group and maybe borrowing costs will rise," he said.

The indictment comes nearly two years after US shortseller Hindenburg Research alleged that Adani had improperly used tax havens and was involved in stock manipulation, allegations the conglomerate denied.

Also in early Asian trading on Thursday, Adani dollar bonds slumped, with prices down 3c-5c on bonds for Adani Ports and Special Economic Zone. The falls were the largest since the Adani Group came under a short-seller attack in February 2023.

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News Network
November 19,2024

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