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The Union Cabinet has approved proposals for leasing out three major airports – Ahmedabad, Lucknow and Mangaluru – of the Airports Authority of India (AAI) through public-private partnership (PPP).
The Airports Authority of India (AAI) is reportedly set to make an investment of Rs 190 billion to boost the infrastructure of airports over the next three years
The frontrunner of Adani Group, Adani Enterprises (AEL), has committed a hefty investment of Rs 100 billion in the airport business through its subsidiary Adani Airports by 2026.
Owner: Airports Authority of India
Due to positive passenger traffic growth, the civil aviation ministry is reportedly pursuing efforts to have a second airport in major cities and requesting state governments to reserve land for building the aerodromes
The Institute of Technology Madras (IIT Madras) has, under the guidance of Professor A Thillai Rajan, Department of Management Studies, has launched a data platform called Integrated Database on Infrastructure Projects (IDIP)
The Confederation of Indian Industry (CII) has called upon the government to consider brownfield asset recycling as an option for its divestment programme.
Located in less than 50 km south from the capital of China, Beijing Daxing Airport will become world’s biggest airport along with being the most progressive and modern transportation centre.
The model’s low-risk nature will help kick-start private investment
AAI is an adequately funded body. It is prompt in making payments to contractors on the submission of running bills.
