Mumbai Airport
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Air India Plane Overshoots Runway: Engine Damaged, Tires Burst
During heavy rain, an Air India Airbus A320 (flight AI2744 from Kochi) veered off the runway at Mumbai Airport, leading to the temporary closure of the affected runway. All passengers and crew deplaned safely. The aircraft sustained damage, including engine intake damage and burst tires. A secondary runway is in use. This incident follows a recent fatal crash involving Air India and precedes a planned EASA investigation into Air India Express, amid concerns about engine maintenance and falsified safety records.
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Apollo Provides $750 Million High-Grade Capital Solution to Mumbai International Airport Ltd. in Second Deal
Apollo is investing $750 million in Mumbai International Airport (MIAL), a subsidiary of Adani Airports Holdings Limited. This investment, channeled through senior secured notes, will refinance existing debt and fund operational improvements, modernization, and sustainability projects. With the potential for an additional $250 million in financing, the deal supports India’s economic growth and showcases Apollo’s commitment to infrastructure development in a key market.