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GoAir flight to connect Hyderabad to Maldives
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GMR Hyderabad International Airport Limited (GHIAL) launched GoAir’s maiden direct flight service from Hyderabad to Malé, Maldives on Thursday. The GoAir aircraft took off from Hyderabad to Malé around 11.40 a.m. amidst a festive atmosphere at the airport. GoAir also started the touch-less e-boarding facility for international passengers with this service.
Senior officials from GMR Hyderabad International Airport along with GoAir officials, other airport stakeholders were at the terminal to see off the passengers and crew. GoAir’s Flight G8 1533 will depart from GMR Hyderabad International Airport at 11.30 a.m. and arrive at the Maldives Velana International Airport at 1.30 p.m..
GHIAL raises funds from global bond market for RGIA expansion
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RGIA capacity to be increased to 34 mm passengers per annum
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RGIA capacity to be increased to 34 mm passengers per annum
GMR Hyderabad International Airport Limited (GHIAL), a subsidiary of GMR Airports Limited, and a step down subsidiary of GMR Infrastructure Limited (GMR Group), announced that it has successfully priced an offering of $300 million bond in the international bond market. GHIAL entered into a purchase agreement to issue and allot $300 million 4.75% senior secured notes of 5 year tenure (the “Notes”) on Tuesday.
The proceeds from the ‘Notes’ will be used towards the capital expenditure with respect to the master plan (expansion) of the Rajiv Gandhi International Airport (RGIA) in Hyderabad, increasing the capacity of the airport to 34 million passengers per annum, informed an official spokesperson on Wednesday.
GMR places $300 m through bond offer for Hyderabad airport expansion
January 27, 2021
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GMR Hyderabad International Airport Limited (GMRHIAL) has successfully priced $300-million bond in the international bond market through a purchase agreement.
As per the agreement, it will issue and allot $300 million worth 4.75 per cent senior secured notes of five-year tenure.
GMRHIAL is a subsidiary of GMR Airports Limited and a step down subsidiary of GMR Infrastructure Limited (GMR Group),
The proceeds from the notes will be used towards the capital expenditure for the expansion of Rajiv Gandhi International Airport at Hyderabad, increasing the capacity of the airport to 34 million passengers per annum.