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Pact signed for handing over of capital airport

Pact signed for handing over of capital airport Updated: Updated: Despite opposition from State government and petitions in Supreme Court Share Article Despite opposition from State government and petitions in Supreme Court Despite opposition from the State and cases in the Supreme Court, the Airports Authority of India on Tuesday signed concession agreements with Adani Airports Ltd for operations, management and development of the Thiruvananthapuram international airport via PPP mode for 50 years. In New Delhi, the agreements were exchanged between N.V. Subbarayudu, ED (SIU), Airports Authority of India, and Behnad Zandi, CEO, Adani Airports. The concession agreements of Jaipur and Guwahati airports were signed and exchanged.

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Agreement with Adani for Guwahati Jaipur Trivandrum Airport - गुवाहाटी, जयपुर, त्रिवेंद्रम् हवाई अड्डे के लिए अडाणी के साथ समझौता

Agreement with Adani for Guwahati Jaipur Trivandrum Airport - गुवाहाटी, जयपुर, त्रिवेंद्रम् हवाई अड्डे के लिए अडाणी के साथ समझौता
livehindustan.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from livehindustan.com Daily Mail and Mail on Sunday newspapers.

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Fitch downgrades Delhi Airport to BB with negative outlook

Toggle navigation DIAL has a large expansion plan over the next four years with a total cost of Rs 9,800 crore Fitch downgrades Delhi Airport to BB with negative outlook ANI | Updated: Jan 18, 2021 13:15 IST Singapore, Jan 18 (ANI): Fitch Ratings said on Monday it has downgraded Delhi International Airport Ltd s (DIAL s) long-term issuer default rating (IDR) and the ratings on its outstanding senior unsecured notes to BB from BB-plus. Fitch said it expects the recovery in traffic volumes to be prolonged. Weaker earnings and moderately flexible capex payments result in DIAL s projected average Fitch-adjusted net debt/EBITDAR (earnings before interest, taxes, depreciation, amortisation and restructuring or rent costs) increasing to 10 times.

Airports authority of indiaIndira gandhi international airportFitch ratingsDelhi international airport ltdNational capital regionAirports authoritySharp drop in dial 39s volumeSignificant travel restrictionsCurb the spread of coronavirusNegative outlookவிமான நிலையங்கள் அதிகாரம் ஆஃப் இந்தியாஇந்திரா காந்தி சர்வதேச விமானஃபிட்ச் ரேடிஂக்ஸ்டெல்ஹி சர்வதேச விமான லிமிடெட்தேசிய மூலதனம் பகுதிவிமான நிலையங்கள் அதிகாரம்

Fitch Cuts Delhi International Airport s Rating to BB with Negative Outlook on Sharp Drop in Traffic Volumes

Fitch Cuts Delhi International Airport s Rating to BB with Negative Outlook on Sharp Drop in Traffic Volumes Moneylife Digital Team 0 Fitch Ratings has downgraded Delhi International Airport Ltd (DIAL) s long-term issuer default rating (IDR) and the ratings on its outstanding senior unsecured notes to BB from BB+ on sharp drop in traffic volumes at the airport. The outlook is negative. Fitch says, The downgrade reflects the sharp drop in DIAL s volume in 2020 due to significant travel restrictions to curb the spread of the coronavirus. We expect the recovery in traffic volumes to be prolonged. Weaker earnings and moderately flexible capex payments result in DIAL s projected average Fitch-adjusted net debt/ earnings before interest, taxes, depreciation, amortization and restructuring or rent costs (EBITDAR) increasing to 10.0 times.

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Fitch downgrades DIAL s long term debt with outlook negative

Fitch downgrades DIAL s long term debt with outlook negative Photo: Reuters Share Via Read Full Story NEW DELHI : Rating Agency Fitch on Monday downgraded Delhi International Airport Ltd s (DIAL) long-term issue rating on its senior unsecured notes to BB from BB+ , while labelling the joint venture s outlook as negative due to significant travel restrictions put in place to curb the spread of the coronavirus. The downgrade reflects the sharp drop in DIAL s volume in 2020 due to significant travel restrictions to curb the spread of the coronavirus. Fitch expects the recovery in traffic volumes to be prolonged, the rating agency said in a statement.

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