As per the Philippine transportation department, the project involves upgrading of terminals, increasing of capacity to up to 62 million passengers annually, and improving technology infrastructure.
Stocks that were in focus include names like GMR Airport Infrastructure, which was up more than 9% to hit a fresh 52-week high, APL Apollo Tubes, which rose more than 4%, and MTAR Technologies, which closed with gains of nearly 4% to a fresh high on Thursday.
Hyderabad International Airport introduces drive-away in luxury cars
GMR Hyderabad International Airport now offers its passengers the option to book luxury cars to drive away in on landing in the city.
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UPDATED: April 18, 2021 05:45 IST
GMR Hyderabad International Airport now offers its passengers the option to book luxury cars to drive away in on landing in the city. (Photo: Ashish Pandey)
In a first-of-its-kind offer in India, the GMR Hyderabad International Airport has introduced a new option of luxury commute on landing in the city. Passengers can now pick from a range of ultra-modern, state-of-the-art cars to drive away in.
GMR Partners With Airbus For Aircraft Maintenance and Aviation Service in India
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Aviation infrastructure developer GMR Group will collaborate with aerospace major Airbus for aircraft maintenance and aviation services.
The two companies signed a Memorandum of Understanding (MoU) to explore collaboration opportunities across aviation services, technologies and innovation.
The MoU, signed at Aero India 2021, Bengaluru, envisages collaboration in innovating solutions for airport operations and cargo supply chain management, among others. GMR Group and Airbus will team up to explore potential synergies in several strategic areas of aviation services including maintenance, components, training, digital and airport services, a joint statement said.