Go Unlimited with Magzter GOLD
Get unlimited access to 10,000+ magazines, newspapers and Premium stories for just
Try GOLD - Free
SC clears GMR Group to operate Nagpur Airport
Cruising Heights
|May 2022
GMR Group, while opposing the appeal by MIHAN, said that the action of the government in cancelling the annulment process was arbitrary, unreasonable and smacked of legal malice.
-
GMR Group has received a shot in the arm with the Supreme Court clearing the decks for it to operate the Babasaheb Ambedkar International Airport in Nagpur. The apex court upheld the Bombay High Court's decision to quash the state-owned MIHAN (the Multi-modal International Cargo Hub and Airport at Nagpur) India's order cancelling a contract awarded to the airport developer to operate the Nagpur airport.
While GMR, which operates the Indira Gandhi International Airport in Delhi, had emerged as the highest bidder in the tender process for the Nagpur airport in 2019, a year later the Maharashtra government had decided to cancel the tender process and issued a letter annulling the bid process. GMR had moved the Bombay High Court seeking quashing of the annulment letter.
This story is from the May 2022 edition of Cruising Heights.
Subscribe to Magzter GOLD to access thousands of curated premium stories, and 10,000+ magazines and newspapers.
Already a subscriber? Sign In
MORE STORIES FROM Cruising Heights
Cruising Heights
Cultural Overhaul & Fiscal Discipline: The Internal Battle
While Air India's new A350s and the revamped Maharaja Lounges might project an image of a carrier aggressively competing on a global stage, the actual situation within the airline's boardroom is one of intense, high-stakes crisis management.
2 mins
May 2026
Cruising Heights
The Fuel Supply Squeeze and the Import Parity Absurdity
The misery does not stop at taxation.
1 mins
May 2026
Cruising Heights
India's race to build a new logistics powerhouse
India's air cargo industry is being reshaped by crisis — and opportunity. War-driven disruption across West Asia, rising freight rates, scarce freighter capacity and growing congestion at major airports are forcing the sector to adapt faster than ever before. Yet the turbulence has also opened a strategic window for India to position itself as a global logistics hub rather than merely a large cargo market
4 mins
May 2026
Cruising Heights
How Bad Did It Get?
The scale of what Maharashtra's move preceded tells you everything about the desperation driving it.
1 min
May 2026
Cruising Heights
India Finally Moves on Fuel Tax
The state finance department's notification came quietly, but for an industry running on fumes, it felt like an oxygen mask dropping in a depressurising cabin.
1 min
May 2026
Cruising Heights
VIRAL CROWDFUNDING CAMPAIGN AIMS TO BUY SPIRIT AIRLINES
There was a time when buying an airline required three things: a billionaire, a government bailout, or a mysterious investor from the Gulf arriving with a term sheet and a private jet.
2 mins
May 2026
Cruising Heights
Adani's Airport gamble brings US-India aviation showdown
What began as a seemingly routine airport redevelopment plan has escalated into one of the most consequential aviation disputes of the decade.
5 mins
May 2026
Cruising Heights
The Fragmented Tax Cartel
The core vulnerability of Indian aviation is operating in a high-cost environment where state governments treat jet fuel as a primary fiscal cash cow.
1 mins
May 2026
Cruising Heights
Final Boarding Call For EBACE
For nearly 25 years, May in Geneva marked the annual convergence of global business aviation's most influential voices at EBACE.
7 mins
May 2026
Cruising Heights
India's Pilots And The Fatigue Trap
Two young pilots died within 48 hours.
9 mins
May 2026
Translate
Change font size