Two new airports for Karnataka
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Two new airports are set to be built in Karnataka, Economic Times reported.Regional Airport Holding International Ltd will invest 490 crore to develop an airport each in Shimoga and Gulbarga districts. These are part of the state government’s plans to develop five airports in the state, the other three being planned for Bellary, Bijapur and Hassan. RAHI, a joint venture between IL&FS Transportation Network and Comet Infra Development, will also start regional airlines by mid-2012, in tandem with the development of the airports, the report added. “We are targeting airports with one million passengers per annum and our vision is to pioneer in regional airports. We will also develop geo-specific industry clusters,” Comet Infra Developments director Umesh Kumar Baveja was quoted saying.RAHI will induct five 10-50-seater aircraft in five years to service the proposed airports at Shimoga and Gulbarga. The company plans to have a portfolio of 99 regional airports by 2025. “We will look at connecting Bengaluru and Mumbai with Shimoga. The idea is to start our own airline and then bring in other operators,” Sandeep Mendiratta, head of aviation business at IL&FS Transportation Network, was quoted saying.
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