Kempegowda International Airport

Airport Automation Market to Reach $19.6 Billion, Globally, by 2032 at 6.4% CAGR: Allied Market Research

Retrieved on:

Thursday, February 8, 2024

PORTLAND, Ore., Feb. 7, 2024 /PRNewswire/ -- Allied Market Research published a report, titled, "Airport Automation Market by System (Data Acquisition and Communication, Automation and Control, Data Storage, and Software and Solution), Application (Baggage Handling and Tracking, Ground Transportation and Parking, Retail and Dinning, Facility Management, Passenger Service and Assistance, Emergency Response and Safety, Ground Support Equipment, Air Traffic Management, Airfield Management, and Others), Airport Side (Land Side and Air Side), End Market (Greenfield and Brownfield), and Automation Level (Level 1.0, Level 2.0, Level 3.0, and Level 4.0): Global Opportunity Analysis and Industry Forecast, 2023–2032.

Key Points:

Moreover, the conflict between Russia and Ukraine could have an impact on plans for infrastructure development in the impacted areas.
The automation and control segment to maintain its leadership status during the forecast period.
Key Highlights of the Airport Automation Industry Report:
Comprehensive analysis spanning over 16 countries, featuring country-wise value breakdown ($ million) for 2022-2032.
Thorough review of 3,700+ product literature, annual reports, industry statements, and materials from major industry players, enhancing market understanding.

Airport Automation Market to Reach $19.6 Billion, Globally, by 2032 at 6.4% CAGR: Allied Market Research

Retrieved on:

Thursday, February 8, 2024

PORTLAND, Ore., Feb. 7, 2024 /PRNewswire/ -- Allied Market Research published a report, titled, "Airport Automation Market by System (Data Acquisition and Communication, Automation and Control, Data Storage, and Software and Solution), Application (Baggage Handling and Tracking, Ground Transportation and Parking, Retail and Dinning, Facility Management, Passenger Service and Assistance, Emergency Response and Safety, Ground Support Equipment, Air Traffic Management, Airfield Management, and Others), Airport Side (Land Side and Air Side), End Market (Greenfield and Brownfield), and Automation Level (Level 1.0, Level 2.0, Level 3.0, and Level 4.0): Global Opportunity Analysis and Industry Forecast, 2023–2032.

Key Points:

Moreover, the conflict between Russia and Ukraine could have an impact on plans for infrastructure development in the impacted areas.
The automation and control segment to maintain its leadership status during the forecast period.
Key Highlights of the Airport Automation Industry Report:
Comprehensive analysis spanning over 16 countries, featuring country-wise value breakdown ($ million) for 2022-2032.
Thorough review of 3,700+ product literature, annual reports, industry statements, and materials from major industry players, enhancing market understanding.

Indian Airports Dominate Cirium’s 2023 On-Time Performance Review

Retrieved on:

Tuesday, January 16, 2024

Two of the top five global airports for on-time performance hailed from India this year, in Cirium’s annual On-Time Performance Review .

Key Points:

Two of the top five global airports for on-time performance hailed from India this year, in Cirium’s annual On-Time Performance Review .
I’d like to extend my congratulations to all the featured airlines and airports in this year’s review.”
Now in its 15th year, the Cirium On-Time Performance program continues to meticulously monitor global airline operational performance.
Our data encompasses airlines, airports, global distribution systems, civil aviation authorities, and more, ensuring a comprehensive and neutral perspective.
The top performing global airports of 2023 were:

Fairfax India Completes Acquisition of an Additional 7% Interest in Bangalore International Airport Limited

Retrieved on:

Tuesday, December 12, 2023

Partnership, NOT, Acquisition, News, Kempegowda International Airport, Siemens Financial Services, BIAL, KIAB, SFS, TSX, Airline

TORONTO, Dec. 12, 2023 (GLOBE NEWSWIRE) -- Fairfax India Holdings Corporation (“Fairfax India” or the “Company”) (TSX: FIH.U) announces that it has completed the second closing of its acquisition of an additional equity interest in Bangalore International Airport Limited (“BIAL”) from Siemens Project Ventures GmbH, part of Siemens Financial Services (“SFS”).

Key Points:

TORONTO, Dec. 12, 2023 (GLOBE NEWSWIRE) -- Fairfax India Holdings Corporation (“Fairfax India” or the “Company”) (TSX: FIH.U) announces that it has completed the second closing of its acquisition of an additional equity interest in Bangalore International Airport Limited (“BIAL”) from Siemens Project Ventures GmbH, part of Siemens Financial Services (“SFS”).
In connection with the second closing, Fairfax India, through its wholly-owned subsidiary, acquired an additional 7% equity interest in BIAL for consideration of $175 million.
As previously announced, in the initial transaction, Fairfax India, through its wholly-owned subsidiary, acquired an additional 3% equity interest in BIAL from SFS for consideration of $75 million.
KIAB is the first greenfield airport in India built through a public-private partnership.

ACES to Deliver State of Art Mobile Infrastructure for Mumbai Underground Metro Line-3

Retrieved on:

Friday, September 29, 2023

ACES will equip India's longest underground metro line with State of Art mobile telecom infrastructure with 4G and 5G technologies and will cover the entire stretch of 33.5 Kilometers line, which includes 27 stations, platforms, concours, and tunnels.

Key Points:

ACES will equip India's longest underground metro line with State of Art mobile telecom infrastructure with 4G and 5G technologies and will cover the entire stretch of 33.5 Kilometers line, which includes 27 stations, platforms, concours, and tunnels.
Dr. Akram Aburas, CEO of ACES expressed his pride association with this prestigious project and explained ACES future vision as International Neutral Digital Infrastructure Company.
MMRC Management expressed happiness in partnering with ACES, which aims to equip its longest underground Metro Line-3 with a state of art 4G and 5G Mobile Infrastructure for an exclusive period of 9 years and will neutrally cater 600 million Passengers annually.
Mumbai Metro Rail Corporation Limited (MMRC) is the nodal agency responsible for the implementation of Mumbai Metro Line–3 (MML-3) project.

ACES wins Mumbai's First and Longest Underground Metro Line serving over 600 Million Annual Passengers

Retrieved on:

Wednesday, September 27, 2023

ACES will equip India's longest underground metro line with State of Art mobile telecom infrastructure with 4G and 5G technologies and will cover the entire stretch of 33.5 Kilometers line, which includes 27 stations, platforms, concours, and tunnels.

Key Points:

ACES will equip India's longest underground metro line with State of Art mobile telecom infrastructure with 4G and 5G technologies and will cover the entire stretch of 33.5 Kilometers line, which includes 27 stations, platforms, concours, and tunnels.
Thus, providing Metro's 1.6 million passengers per day with seamless coverage and enhance mobile data speeds.
Dr. Akram Aburas, CEO of ACES expressed his pride association with this prestigious project and explained ACES future vision as International Neutral Digital Infrastructure Company.
MMRC Management expressed happiness in partnering with ACES, which aims to equip its longest underground Metro Line-3 with a state of art 4G and 5G Mobile Infrastructure for an exclusive period of 9 years and will neutrally cater 600 million Passengers annually.

ACES wins Mumbai's First and Longest Underground Metro Line serving over 600 Million Annual Passengers

Retrieved on:

Wednesday, September 27, 2023

ACES will equip India's longest underground metro line with State of Art mobile telecom infrastructure with 4G and 5G technologies and will cover the entire stretch of 33.5 Kilometers line, which includes 27 stations, platforms, concours, and tunnels.

Key Points:

ACES will equip India's longest underground metro line with State of Art mobile telecom infrastructure with 4G and 5G technologies and will cover the entire stretch of 33.5 Kilometers line, which includes 27 stations, platforms, concours, and tunnels.
Thus, providing Metro's 1.6 million passengers per day with seamless coverage and enhance mobile data speeds.
Dr. Akram Aburas, CEO of ACES expressed his pride association with this prestigious project and explained ACES future vision as International Neutral Digital Infrastructure Company.
MMRC Management expressed happiness in partnering with ACES, which aims to equip its longest underground Metro Line-3 with a state of art 4G and 5G Mobile Infrastructure for an exclusive period of 9 years and will neutrally cater 600 million Passengers annually.

P.F. Chang's expands global footprint with first-ever locations in India

Retrieved on:

Tuesday, September 12, 2023

GIPL, Business development, Culture, Airport, Business, HMSHost, Seattle–Tacoma International Airport, Heathrow Terminal 2, Restaurant, Kempegowda International Airport, City, Growth, United, Tourism

SCOTTSDALE, Ariz., Sept. 12, 2023 /PRNewswire/ -- As part of the company's continued global expansion, P.F. Chang's® today announced a new location in Bangalore with plans to open more locations in Mumbai and other cities in India, bringing the world renowned Asian-inspired dining experience to the country for the first time.

Key Points:

"We're thrilled to welcome India as the next country in our network of global locations," said Kristen Briede, president of Global Brands & Retail at P.F.
Chang's.
"As we enter our 30th year in business, it couldn't be a better time to invest in our growth and share the P.F.
Chang's continues to fast-track its global expansion and growth by targeting new international locations in Europe, Southeast Asia, and South America.

P.F. Chang's expands global footprint with first-ever locations in India

Retrieved on:

Tuesday, September 12, 2023

SCOTTSDALE, Ariz., Sept. 12, 2023 /PRNewswire/ -- As part of the company's continued global expansion, P.F. Chang's® today announced a new location in Bangalore with plans to open more locations in Mumbai and other cities in India, bringing the world renowned Asian-inspired dining experience to the country for the first time.

Key Points:

"We're thrilled to welcome India as the next country in our network of global locations," said Kristen Briede, president of Global Brands & Retail at P.F.
Chang's.
Chang's continues to fast-track its global expansion and growth by targeting new international locations in Europe, Southeast Asia, and South America.
Chang's.

Fairfax India Completes Acquisition of an Additional 3% Interest in Bangalore International Airport Limited

Retrieved on:

Wednesday, June 21, 2023

Maintenance, Partnership, NOT, FOR, Research Foundation for Governance in India, Financial services, SFS, Kempegowda International Airport, KIAB, Acquisition, BIAL, TSX, News, Airline

TORONTO, June 21, 2023 (GLOBE NEWSWIRE) -- Fairfax India Holdings Corporation (“Fairfax India” or the “Company”) (TSX: FIH.U) announces that, through its wholly-owned subsidiary, it has completed the acquisition of an additional 3% equity interest in Bangalore International Airport Limited (“BIAL”) from Siemens Project Ventures GmbH, part of Siemens’ Financial Services (“SFS”), for consideration of $75 million (approximately INR 6.2 billion at current exchange rates). As a result of the closing of the first transaction, Fairfax India’s aggregate share ownership in BIAL has increased to 57% (13.4% held by its wholly-owned subsidiary and 43.6% held by its indirect subsidiary, Anchorage Infrastructure Investments Holdings Limited).

Key Points:

As a result of the closing of the first transaction, Fairfax India’s aggregate share ownership in BIAL has increased to 57% (13.4% held by its wholly-owned subsidiary and 43.6% held by its indirect subsidiary, Anchorage Infrastructure Investments Holdings Limited).
BIAL is a private company located in Bengaluru, India.
BIAL, under a concession agreement with the Government of India until the year 2068, has the exclusive rights to carry out the development, design, financing, construction, commissioning, maintenance, operation and management of the Kempegowda International Airport Bengaluru (“KIAB”) through a public-private partnership.
KIAB is the first greenfield airport in India built through a public-private partnership.