Civil aviation ministry to privatise 25 more AAI airports across India
AVIATION & AIRPORTS

Civil aviation ministry to privatise 25 more AAI airports across India

The Minister of State for Civil Aviation, V K Singh, informed the Lok Sabha that the government had selected 25 airports operated by the Airports Authority of India (AAI) for monetisation under the National Monetisation Pipeline in the next four years.

These airports are Kozhikode, Coimbatore, Madurai and Trichy. The Kozhikode airport is located 28 km away from the city. It has extended its runway to 2,700 m. This airport is among the third tabletop airports in India.

The government has selected those airports which have annual passenger traffic of over four lakh. In 2019-20, the Kozhikode airport had passenger traffic of 32,29,910.

In 2020 after Air India overshot the runway and plunged into a 35-foot gorge, killing 21 people and 84 injured, operations of the wide-bodies aircraft were suspended. It was banned from 2015, and the Directorate of Civil Aviation issued a no-objection certificate (NOC) with stringent conditions in 2018.

Former Director-General of the Civil Aviation, E K Bharat Bhushan, said that the airport disinvestment could improve efficiency. It can also accelerate development in Malabar. The short runway of the Kozhikode airport is the drawback, and its land acquisition has been challenging.

Image Source

Also read: Govt to complete privatisation of 13 airports by end of FY22

The Minister of State for Civil Aviation, V K Singh, informed the Lok Sabha that the government had selected 25 airports operated by the Airports Authority of India (AAI) for monetisation under the National Monetisation Pipeline in the next four years. These airports are Kozhikode, Coimbatore, Madurai and Trichy. The Kozhikode airport is located 28 km away from the city. It has extended its runway to 2,700 m. This airport is among the third tabletop airports in India. The government has selected those airports which have annual passenger traffic of over four lakh. In 2019-20, the Kozhikode airport had passenger traffic of 32,29,910. In 2020 after Air India overshot the runway and plunged into a 35-foot gorge, killing 21 people and 84 injured, operations of the wide-bodies aircraft were suspended. It was banned from 2015, and the Directorate of Civil Aviation issued a no-objection certificate (NOC) with stringent conditions in 2018. Former Director-General of the Civil Aviation, E K Bharat Bhushan, said that the airport disinvestment could improve efficiency. It can also accelerate development in Malabar. The short runway of the Kozhikode airport is the drawback, and its land acquisition has been challenging. Image Source Also read: Govt to complete privatisation of 13 airports by end of FY22

Related Stories

Gold Stories

Next Story
Resources

Schindler named among Forbes’ World’s Best Employers 2026

Schindler has been named among Forbes’ World’s Best Employers 2026, a global ranking recognising companies for their workplace environments.Compiled by Forbes in partnership with Statista, the ranking is based on independent employee feedback, including whether employees would recommend their organisation to friends and family.The company said the recognition reflected its focus on creating a workplace where employees can develop their expertise and build careers. ..

Next Story
Infrastructure Urban

India needs an export-execution mindset: Vishesh Jain

Interview with Vishesh Jain, Founder & CEO, EximpleWhat gaps in India’s global trade ecosystem led you to build Eximple, and what problem did you see businesses struggling with most?Eximple came out of a problem that all three founders had seen from different choke points in the trade ecosystem. India has millions of MSMEs and manufacturers, and many of them can make products that are genuinely competitive on quality. Yet only a small fraction is able to build meaningful international businesses. In our experience, the gap is usually not manufacturing capability; it is the ability to exe..

Next Story
Building Material

Nuvoco reports 13.5% revenue growth in Q2 FY27

Nuvoco Vistas Corp. Ltd. reported consolidated revenue of Rs 27.9 billion for Q2 FY27, up 13.5% year on year. Cement sales volume rose 9% to 4.7 million tonnes (MMT), while EBITDA increased 11% to Rs 4.11 billion.The company said it began its cement operations in 2014 with a 2.3 MMT per annum (MMTPA) operation at Nimbol. It now aims to reach 35 MMTPA of cement capacity by FY28, nearly 15 times its initial capacity. Its portfolio spans cement, ready-mix concrete and modern building materials.On sustainability and cost efficiency, Nuvoco partnered with CleanMax for a 46.4 MW wind-solar hybrid re..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code