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The Latest Breaking News from AAHL

Adani Enterprises shares gain over 4% as airports arm plans to raise $1 billion from Temasek, BlackRock, others

Adani Enterprises shares rose over 4% after Adani Airport Holdings announced a Rs 9,825-crore equity raise from Alpha Wave Global, Premji Invest, Temasek and BlackRock-managed funds. The funds will support airport expansion, modernisation and Airport City projects. AAHL expects the investment to boost capacity, while Adani Enterprises continues delivering strong…

The Economic Times

Adani Airports to raise $1 billion of primary equity from global investors at $18 billion valuation

Adani Airports Holdings Limited has attracted substantial investment from international backers, which will facilitate the expansion and advancement of current airport facilities. The objective includes developing city-side real estate as well as enhancing operational efficiency. The funds raised will be directed towards growth initiatives and boosting passenger capacity, positioning the…

The Economic Times

Adani Enterprises to sell up to 5.54% stake in airport unit to Temasek, BlackRock

Adani Airport Holdings Limited has successfully acquired substantial investment from a group of international investors. This infusion of capital will significantly enhance their airport infrastructure development and modernization initiatives. By expanding city-side real estate and scaling operations, the company aims to efficiently accommodate rising passenger numbers while improving service quality.…

The Economic Times

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Navi Mumbai airport to begin international services with AI Express flight to Abu Dhabi on Wednesday

Air India Express Abu Dhabi service will operate thrice weekly, connecting travelers directly to the UAE. The airport's international services began over six months after domestic operations commenced. This expansion strengthens connectivity across the Mumbai Metropolitan Region.

The Economic Times

Adani Airports to invest Rs 20,000 crore in airport cities spanning 655 acres

Adani Airport City Limited is investing over ₹20,000 crore to build integrated airport cities across six Indian airports. These developments will feature hospitality, retail, and commercial spaces on 655 acres, aiming to transform airports into hubs for commerce and urban growth. The initiative, inspired by global airport districts, prioritizes sustainability…

The Economic Times

The Adani stock Morgan Stanley thinks could benefit most from India’s infrastructure push

Morgan Stanley has initiated coverage on Adani Enterprises with an Overweight rating and a target price of Rs 3,638, implying a 23% upside. The brokerage sees AEL as the best-placed Adani Group company to benefit from India’s infrastructure and capex boom, citing its strong presence in airports, roads, data centres…

The Economic Times

Adani Airport Holdings signs deal with IHG Hotels & Resorts for 5 properties

Adani Airport Holdings is partnering with IHG Hotels & Resorts to build five new hotels. These hotels will be located in important cities. This collaboration will add nearly 1,500 hotel rooms. It also marks the debut of IHG's luxury brand, Kimpton, in India.

The Economic Times

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British fighter jet stranded in India for over a month finally flies out

The £80m British stealth fighter jet, stranded in Kerala after an emergency landing in June, was deemed ‘airworthy’

The Independent UK

Regulator snubs revenue projections at Adani-controlled Thiruvananthapuram Airport

Airports Economic Regulatory Authority says Thiruvananthapuram Kerala International Airport Ltd’s F&B and retail revenues are just 12% of the norm in other airports; contract awarded to Adani subsidiary with low revenue sharing structure

The Hindu

Mangaluru International Airport procures two electric vehicles

MANGALURU: In its efforts to reduce carbon footprint, Mangaluru International Airport has procured two SUV electric vehicles.

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