AAI plans norms for flexible use of land assets

The Airports Authority of India (AAI) plans to put in place regulations for flexible use of land parcels as part of asset monetisation efforts, as it prepares for large-scale upgradation of airport infrastructure. The national airports operator, which manages 125 aerodromes, including civil enclaves, is awaiting amendments to the AAI Act that would allow effective monetisation of land assets. The proposal to amend the Act, whereby certain provisions would be included with respect to land assets and their utilisation, has already been floated. Contact: Airports Authority of India. Tel: 011-2463 2950. Website: www.aai.aero