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Friday, September 26, 2008

catch GMR at 86 Rs Good Pick in Bear Trends

Delhi has a new tourist attraction but to see that you have to be either employed with the airport or land in Delhi in an aircraft, which is easier. India’s longest runway has started working at International Airport in Delhi. This is the third runway of Delhi airport and the first aircraft to land on it was British Airways from Heathrow. Meant to handle new generation aircraft like the wide-bodied Airbus 380 and Antonov 22, the runway is 4,430-metre long and 75-metre wide and is called '11-29'. The longest runway in Asia is at the Qamdo Bangda Airport in Tibet, which is 5,500 metres long.

Since the time it started, from 6AM in the morning, till 11AM, more then 60 aircrafts had already landed, indicating the amount of traffic the airport has. It also makes one wonder how did it manage to function at all? Till now, aircrafts used to hover over the airport, waiting for the signal to land. This was a criminal wastage of ATF and now with this new runway, at least this hovering would end.

This is another big feather to the cap of GMR which led a consortium to operate and modernize the IGI Airport under a Public Private Partnership Initiative. Completed more than six months ahead of scheduled date of February 2009, the company is on track to complete the Terminal 3 on schedule as well. Together, the runway and Terminal 3 will form India’s new gateway to the world when it welcomes participants and guests for the Commonwealth Games 2010.

One interesting bit of trivia - over 650,000 tonnes of asphalt concrete has been used, which, could have built 75 km of six-lane expressway.
thanks

I was fishing this bot from long time.. today i catch GMR at 86 Rs. Will be having gr8 weekend now..

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