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BLR Airport gets cargo terminal for DHL, FedEx Express - The Hindu BusinessLine

BLR Airport gets cargo terminal for DHL, FedEx Express March 12, 2021 Bangalore International Airport Limited (BIAL) has launched the first dedicated express cargo terminal at Kempegowda International Airport (KIAB/ BLR Airport). Cargo terminal spread across 2,00,000 square feet built-to-suit facility, will house global express courier organisations such as DHL Express and FedEx Express. Express Industry Council of India (EICI) will operate the common-user express terminal for other courier companies. The common-user terminal will add impetus to Bengaluru’s already strong e-commerce base. The terminal will have a dedicated space for customs offices, and direct access to both landside and airside. Speaking after inaugurating the facility M Srinivas, Chief Commissioner of Customs, Bengaluru Zone said: “At South India’s busiest Cargo Airport, this exclusive Terminal for express couriers at BLR Airport will significantly boost the trade and economy of the region. The new Term

Puppy love for BIAL

Fairfax India starts preparatory work to list Anchorage at $1 3-billion valuation

March 07, 2021   Fairfax Financial Holdings Ltd, the Toronto, Ontario-based financial holding company owned by Indian born businessman V Prem Watsa, has started preparatory work to list Anchorage Infrastructure Investments Holdings Ltd (Anchorage) on the Indian stock exchanges, potentially valuing the company at $1.3 billion. Fairfax hasn’t indicated a timeline for the planned initial public offering (IPO) in Anchorage, which was set up in 2019 as a wholly-owned unit of Fairfax India Holdings Corporation to act as its flagship investment vehicle for airports and other infrastructure investments in India. In 2019, Fairfax India signed definitive agreements with OMERS (the pension plan for municipal employees in the province of Ontario, Canada) to transfer 43.6 per cent out of the 54 per cent that it owns in Bangalore International Airport Limited (BIAL) to Anchorage and OMERS to invest about $130 million to acquire from Fairfax India an 11.5 per cent interest on a fully diluted

How contactless technology is defining the end-to-end passenger experience

How contactless technology is defining the end-to-end passenger experience
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