IGIA: Promise Of Good Times With Hospitality And Airline Hubs

Apart from Air India, Tata Sons and Singapore Airlines have announced their plans to launch a new full-service private carrier based in the national capital.

The proposal of their $100 million joint venture (JV) was approved by the FIPB (Foreign Investment Promotion Board) in October, last year. Officials of the proposed airline hope to launch services by May-June 2014.

According to aviation industry experts, another major factor which will boost passenger traffic to and from the national capital is the addition of Delhi Aerocity near the IGIA.

"The Areocity project will add hotel rooms, office space and commercial activity area and with two airlines making the city's airport as a hub will only add value to the travelling passenger," Ankur Bhatia, member, Confederation of Indian Industry's panel on civil aviation, told IANS.

The Aerocity project is expected to ultimately house 16 luxury hotels and commercial spaces. Currently, major brands like Marriott, Lemon Tree Premier and Red Fox hotels are in operation in the Aerocity complex.

Patu Keswani, chairman and managing director, Lemon Tree Hotel Company, said passenger traffic from the IGIA would grow.

"We are very positive that air traffic from Delhi is bound to grow. This is evident with the fact that Tata-SIA's proposed airline has indicated that they might make Delhi as their operations hub," Keswani said.
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