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GMR Airports brings "GAD Asia" first conference in India

 2016-09-06 09:32:56.0

airport New Delhi:�The Asian chapter of the Global Airport Development (GAD) Conference is set to begin in New Delhi under the aegis of GMR Airports Limited (GAL) and Delhi International Airport (P) Limited (DIAL). This is the first time that GAD Asia � Asia�s leading Airport Development and Finance event will be held in India. The three-day event (September 7-9, 2016) offers a plat form to 200 influential players including airport operators, airlines, policy makers, regulators and potential investors from across the region and around the world to build relationships and share experiences. GAD Asia is a key event for the global Airport Investment community that focuses on meeting the capacity needs of a high growth region. It provides best practices in airport development, models for airport finance and maximizing value in the airport business model. The conference offers thought leadership on airport strategy, economics and revenue streams and the opportunity to network and do business with participants from up to 20 countries under one roof. India is the fastest growing aviation market in the world with opportunities for strategic and financial players to invest in airport assets. New avenues of growth have emerged after the privatization of several Indian airports with recently awarded Mopa airport in Goa and proposed ones to come up at Navi Mumbai, Nagpur etc. Commenting on the importance of hosting GAD Asia 2016, Mr Sidharath Kapur, President - Finance and Business Development, GMR Airport Limited (GAL), said: �We are happy to partner with GAD, which creates a platform for Asian thought leaders on airport strategy, economics and revenue streams. It brings the largest pool of investors, policy makers and decision influencers from Airport Sector for first time in India. Such a large gathering of investors showcases the potential of India civil aviation sector and interest of global aviation community in India. This is an opportune time for such a conference, when Government of India has unleashed New Civil Aviation Policy (NCAP) which will have a lasting impact on the sector. As a leading player in this sector, GMR holds a legacy of collaboration with several foreign players. We hope this platform will create a new vista of opportunities for development of Asian aviation sector. We expect best of the personalities in aviation sector to brainstorm on some of key challenges plaguing the industry and showcase a new path.� Mr I Prabhakara Rao, CEO, Delhi International Airport Pvt Limited (DIAL) said, �It is a great opportunity for Delhi Airport to be the host Airport for GAD Asia 2016. Delhi Airport has played a pivotal role in transforming Indian Aviation through development of world class Infrastructure. The Indian Civil Aviation Industry is poised for growth in coming years. With the presence of global aviation leaders, this event presents good opportunity for Knowledge sharing and fostering partnerships for further development for the Indian Aviation.� Ms Heidi Stan cliffe, Editor-in-Chief, GAD, said,�As the world�s fastest-growing aviation market, India is an ideal meeting place for the airport investment community in Asia. A thought leader for the role of private sector expertise in airport development, it is a destination for international investment in airports and the home of some of the world�s leading airport operators. We are looking forward to GAD�s first visit to India, where we will be hosted by GMR Airports Ltd.; the leaders in airport development& management and Delhi International Airport (P) Ltd, that operates thepremier capital airport of India.� GAD has been on the forefront in generating a congenial environment for investment in aviation sector for the last 23 years. GAD World - first held in Copenhagen in 1994 and in a different European city each year since then - is the world�s leading Airport Development and Finance event and the largest gathering of airport CEOs anywhere in the world each year. The launch of GAD Asia � GAD�s only regionally focused event, first held in Kuala Lumpur in June 2015 was recognition of the importance of Asia as a powerhouse for aviation growth. Read about GMR Airport Limited (GAL):- GMR Airports Ltd (GAL) a subsidiary of GMR Infrastructure Ltd, is one of the largest airport developers in the world; handling more than 70 million passengers per annum both in India & Overseas. It has also bagged the rights to develop and operate Goa�s Greenfield Mopa Airport. With a 64% stake, GMR�s Delhi International Airport (Pvt) Limited (DIAL) manages and operates the Indira Gandhi International Airport at New Delhi currently handling around 48.4 million passengers per annum. With a 63% stake, GMR Hyderabad International Airport Limited (GHIAL) manages and operates the Rajiv Gandhi International Airport at Hyderabad handling 12.5million passengers per annum. With a 40% stake, the GMR Megawide Cebu Airport Corp (GMCAC), manages and operates the Mactan � Cebu International Airport at Cebu, Philippines currently catering to 8 million passengers per annum.Besides, developing and operating airports, GAL also has capabilities in various airport related businesses such as flight training, retail, duty free, cargo IT and other non-Aero activities. Delhi International Airport (P) Limited (DIAL):- The GMR Group led, Delhi International Airport (P) Ltd (DIAL) is a consortium; comprising of the GMR Group, Airports Authority of India and Fraport. The consortium has a mandate to finance, design, build, operate and maintain the Delhi Airport for 30 years with an option to extend it by another 30 years. Delhi Airport has been adjudged as World No. 1 Airport by Airports Council International�s (ACI) for two successive years; 2014 & 2015 in the category of 25-40 million passengers per annum (mppa). DIAL completed the modernization of Delhi�s IGI Airport including the commissioning of Terminal 3 (T3)- India�s largest building post-independence in a record time of 37 months. Delhi Airport is the leading Indian airport both in Passenger and Cargo capabilities, with an annual traffic of 48.4 mp pa (2015-2016) and Cargo tonnage of 0.76 million tons in the same period.

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