AAI has leased six airports to private sector, Gen Singh says
The Airport Authority of India (AAI) and other Airport Operators are expected to spend more than Rs.90,000 crore from 2019-20 to 2024-25 on expansion and modification of existing Terminals, constructing new Terminals, expansion or strengthening of existing runways, aprons, upgrading Airport Navigation Services (ANS), control towers, technical blocks among others at several airports in the country.
Minister of State in the Ministry of Civil Aviation (Gen. (Dr) V. K. Singh gave this update in a written reply to a question in Lok Sabha on 21 July 2022.
The expansion and modernisation of airports is a continuous process and is undertaken from time to time, depending on the availability of land, commercial viability, socio-economic considerations, traffic demand, willingness of airlines to operate to and from such airports.
AAI has leased out six of its airports namely, Chaudhary Charan Singh International Airport (Lucknow), Sardar Vallabhbhai Patel International Airport (Ahmedabad), Mangaluru International Airport, Jaipur International Airport, Lokpriya Gopinath Bordoloi International Airport (Guwahati) and Thiruvananthapuram International Airport through Public Private Partnership for operation, management and development on long-term lease basis during the last three years, he said.
The criteria for selection of Private Partners for the above mentioned six airports was the Per Passenger Fee payable to AAI bid by Private Partners. fiinews.com
